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JAN 28, 2014 - Business Insider

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Facebook Saved 'Over $1 Billion' By Inventing Its Own Computers (FB)

One unique thing that Facebook does is something called the Open Compute Project. That's where Facebook builds it own hardware-like computer servers, hard drives and networking equipment that it uses to serve up the Facebook website. Thanks to OCP, Facebook has saved "more than a $1 billion in the last three years," CEO Mark Zuckerberg told attendees of the OCP Summit in San Jose, Calif. A lot of big Internet companies, like Google and Amazon, also design their own hardware, but they treat their homegrown technology as a secret, a competitive advantage. OCP is unique because it gives ... Read More

Tags: Facebook Saved 'Over $1 Billion' By Inventing Its Own Computers (FB),  Xbox One Latest News