Not spending $400 million in one place to spend 2x, 3x... more in another
is how I have seen the statistics work for some orgs, noting different
amounts of spend of course.

Please note that I have no insight into things at FedEx or how this was
calculated.
It will be interesting to see, if shared, how well they meet expectations.


On Fri, Jul 8, 2022 at 8:37 AM Bill Johnson <
[email protected]> wrote:

> That number was announced at their investors meeting 2 weeks ago. Trying
> so hard to get the stock back over 300. And trying to get a multiple like
> UPS. There’s no way they achieve 400 million annually.
>
>
> Sent from Yahoo Mail for iPhone
>
>
> On Friday, July 8, 2022, 8:07 AM, Usher, Darrold <
> [email protected]> wrote:
>
> Hard to believe saving $400 million annually. I assume they are factoring
> in Microsoft Azure costs.
>
> Classification: Internal
>
>
>
> Disclaimer: This email and any attachments are the property of USAA and
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> -----Original Message-----
> From: IBM Mainframe Discussion List <[email protected]> On Behalf
> Of Bill Johnson
> Sent: Friday, July 8, 2022 6:46 AM
> To: [email protected]
> Subject: EXTERNAL: Re: FedEx to move entirely to the cloud
>
> This is hilarious.
>
> The datacenter is dead – at least according to FedEx, which announced
> plans to close its server farms and transition completely to the cloud,
> where it hopes to save an estimated $400 million annually.
>
> The insinuation being the “cloud” will replace servers. When the reality
> is, FEDEX is simply outsourcing to MSFT. Everything will still be done via
> servers . Data centers are everywhere and are still being built.
>
> Plus, this transition started 2-3 years ago. Most of FEDEX’s workload was
> long gone from the mainframe.
>
> Certain people on here salivate when the mainframe loses a customer.
> Including the quasi journalists at the Register. 20 years from now, the
> mainframe will still be processing most of the worlds critical transactions.
>
>
> Sent from Yahoo Mail for iPhone
>
>
> On Friday, July 8, 2022, 3:15 AM, David Crayford <[email protected]>
> wrote:
>
> Bit of a shock this one. FedEx are closing all of their data centers and
> moving to Microsofts Azure Cloud. They are a massive mainframe customer and
> close friends of ours for a long time.
> We had one of their guys on the floor in our office working with us on
> solutions. Times are changing...
>
>
> https://urldefense.com/v3/__https://www.theregister.com/2022/07/05/fedex_to_close_all_datacenters/__;!!GryZGb6B1VCs0SfC!XOCQuQOnksIMdlrFxJ8cECEoSR8m_nrVlQLOTXISZcNVGB3SdM2S_RwPUaI1ET5j$
>
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