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Businesses are struggling with unpredictable cloud bills.
Managingcloud computingexpenses is a growing concern, especially with an increasing reliance on digital infrastructure.
So, how can organizations navigate these rising costs without compromising on the cloud services they need?
Technical head for United Kingdom and Ireland, ManageEngine.
Businesses have been ambushed by unexpected cloud costs with subscription models.
This leads to inconsistent monthly costs.
Its easy to over-provision resources in the cloud, leading to wasted spend.
Costs often overrun, and without full visibility, companies fail to pinpoint the exact cause.
Cloud cost management andcloud optimizationcan help to minimize expenses and maximize the value derived from cloud investments.
It’s crucial to identify a predictable cloud vendor who can help with optimizing workloads.
They often find that theyre paying for outdated resources or unnecessary storage.
With a more holistic approach, businesses gain a greater understanding of their requirements and the associated costs.
Not only does this eliminate waste, but it also helps organizations be more strategic about their requirements.
Tools of the trade
The need for scalable and budget-friendly cloud resources is unprecedented.
Understand your workloads, implement load balancing, and continuously review and adjust to reduce the cloud costs.
However, AI could also be a significant asset when considering cloud costs.
Cloud spend tools, along with leveraging tech such as GenAI, will also play a significant role.
Ultimately, cost management for cloud resources is an ongoing journey.
We list the best cloud storage management service.
The views expressed here are those of the author and are not necessarily those of TechRadarPro or Future plc.
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