Cloud costs and spend is going up for SMB and Enterprise customers across the board as companies initiate experiments in the Cloud to moving from experimentation to setting up and migrating production workloads. Along with this increase in Cloud investment, proportionately the Cloud spend waste is also going up. In this post we are going to outline some common Cloud utilization scenarios which may lead to cloud spend waste. Along with that we will also offer guidance and recommend some tools to optimize Cloud costs.
Most of the cloud strategy conversations tend to pivot around costs savings but that should not be the only factor you should consider when formulating your cloud strategy. Some key topics to include in your strategy discussion are security, resources required to configure and manage cloud services, monitoring and managing costs, governance and compliance. Let’s take on these key factors one by one to understand them a bit more in detail.
As you build your cloud enterprise strategy to start using the cloud or to migrate some of your workloads to the cloud, you need to consider multi-cloud as a core pillar of the of your Cloud strategy discussions. Let’s try to understand multi-cloud first. Multi-cloud by definition is to have multiple Cloud providers providing various Cloud services to you.
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