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Definitely using both of these.
I've been interviewing with some companies, and now I have to decide between JPMorgan Chase and Globant.
Globant is more innovative, and has remote work. I will enter to work with a Sillicon Valley startup based in San Francisco. The tech stack is React, Nextjs, AWS, and a serverless architecture.
JPM is semi remote, and less innovative. The tech stack Java, SpringBoot and AWS. But I'd do more migration tasks, like dockerize projects and pass them to kubernetes. What would you choose?
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Chief
They single handedly eliminated the DVD as one of the first streaming services
Chief
At the time that was technologically advanced. It’s all relative to the time they entered/took over their market.
This is a surprisingly interesting and intriguing question. Some responders have touched on what I think are key aspects of answering the question, but I do think the idea of what a “tech company” is in 2022 compared to 1997 (when Netflix was founded) is quite different. For those who have forgotten or were too young/not born when Netflix started, it’s worth reminding that Netflix was originally an online service that mailed physical DVDs to customers. We probably wouldn’t consider that business model a tech company today, but we certainly did at the time based on their customer engagement being exclusively online.
What they evolved into was also very much tech-centric as they moved into a streaming-only service and a pioneer in both streaming and cloud adoption. Along the way, as one responder mentioned, they were critical drivers of the evolution of many of the service features AWS offered based requesting functionality and performance characteristics that were not available via cloud services at the time. On top of this, they were pioneers of the DevOps movement, most notably in their innovative approaches to automation and fault tolerance as evidenced by creating and using Chaos Monkey.
So back to the question of what is a tech company (in 2022)? By most standards, Amazon is still considered at tech company, but one response reasonably suggested that amazon.com is not a tech company, while AWS is. I don’t know the answer, but I’d suggest that now, and certainly moving forward, just being software/online based does not make something a tech company. Over time, that definition would result in most companies being defined as tech companies. I’d say hardware, software, and cloud technology vendors are definitely tech companies. I also think companies whose service delivery is primarily dependent on advanced technology (meaning they require building new and/or innovative tech approaches to deliver) are tech companies. Admittedly, the lines can get blurry.
It is partly legacy as one of the earliest streaming services, but they also were legitimately considered an innovator in technology & architecture at some point.
I agree. It's mostly a legacy label. These days, they're more movie production than anything,
Because it’s a streaming service it falls under the umbrella of tech.
Rising Star
Lots of under-the-covers open source projects, from what I see at CNCF and Kubernetes zooms and conferences.
Chief
I don't consider it one. It's a studio that's been smart enough to convince people to pay the multiplier of a tech company.
Chief
The main issue is they don't have a patent that protects the space of streaming content. So even though they once were a major tech player, to monetize they needed to evolve to being a data driven studio. Maybe in the future they can start getting large enough to start absorbing more legacy studios and unlock their archives. Maybe they can even use ML to eventually have robots write the movies themselves.
They pioneered alot of modern media distribution. To do it via streaming was always the vision; the DVD thing was just a stopgap until the tech caught up. Many AWS services and SLAs were also driven by Netflix being their biggest customer in the early days too.
Chief
But they own none of that IP.
From an engineering perspective I’d say so. They’re solving issues in a cloud, distributed systems environment and sharing these solutions as open source for others to use.
I think “tech” is a broader umbrella than a lot of people realize. It’s supposed to encompass anything related to electronics, software, or services that depend on the internet (which is where Netflix would come into play).
Not all banks are, but Capital One definitely is. The amount of resources spent on software development and maintenance makes you almost forget you work for a bank
It uses viewer rewind data to figure out how to pace its productions in an addicting way and implement that in studio.
We all know it uses user activity to recommend new videos to the user, but think about how often shows and movies come and go from Netflix. Netflix decides what to air, and how long to pay someone to let them air it, and it calculates the answers to those questions based on user activity - probably weighing each user by magnitude and pickiness. It's playing big-data poker.
Not to mention that reliable streaming is a non-trivial technical feat. Yes AWS provides the heavy lifting, but using AWS wisely is a non-trivial technical feat.
Business Wars has a great podcast that goes into why. Early on it was their strong utilization of data and consumer behavior, they’d grown much more since then.
https://wondery.com/shows/business-wars/episode/5296-netflix-vs-blockbuster-sudden-death/
It's more the rest of the other industries becoming more tech centric vs Netflix not being tech
Lots of micro/backend stuffs to innovate now that the platform is built. It's similar to people solving issues on spam filtering but Gmail is already built
Rising Star
I wonder how Netflix fares in the long run tho. Competitions have just copied it’s business model
It falls under Media and Entertainment
Google falls under advertisement, YouTube under media, Fb/twitter,etc under social media, Uber/Life under ride share?
What is tech then? Microsoft?
“Tech” nowsaday is anything that uses has software or internet/website (not even hardware coz some thinks Cisco is not tech) as their primary interface to interact with their customers to sell their offerings.
After they pivot from dvds to streaming but not anymore, I wouldn’t consider it entirely a tech company
Tech is a frustrating categorization. It’s like saying you work at a manufacturing company. Well, what exactly do you manufacture? Heavy equipment or hair product? Tech simply refers to the primary means of production and/or distribution. But the product industry is different. Uber is a transportation company. Netflix is an entertainment company. And so on and so forth.
AWS is one of the few true tech companies where the product is technology. Most others are actually in other industries.