How Shutterstock implements forecasting to ensure that cost savings is reinvested into the business
When Shutterstock saved more than 53% on its total S3 spend by moving to Amazon S3 Intelligent-Tiering, it was a massive disruption to its AWS budget forecast. Learn how Shutterstock responded by changing its forecasting to ensure this didn’t result in a budget cut, instead, showing how the cost avoidance could be used to offset existing and future costs.
About Shutterstock
Shutterstock, founded in 2003, is a leading global creative platform for transformative brands and media companies. Working with a community of over 2 million contributors, their catalog has grown to more than 405 million images and over 25 million videos. Headquartered in New York City, they serve a global customer base spread across 150 countries and cater their platform to 21 unique languages. To add to this scale, their catalog increases by approximately 200,000 images each day.
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