Identifying Cloud Waste to Contain Unnecessary Costs

Identifying Cloud Waste to Contain Unnecessary Costs

Cloud adoption has exploded over the past decade or so, and for good reason. Many digital transformation advancements – and even the complete reimagination of entire industries – can be directly mapped and attributed to cloud innovation. While this rapid pace of innovation has had a profound impact on businesses and how we connect with our customers and end users, the journey to the cloud isn’t all sunshine and rainbows.

Along with increased efficiency, accelerated innovation, and added flexibility comes an exponential increase in complexity, which can make managing and securing cloud-based applications and workloads a daunting challenge. This added complexity can make it difficult to maintain visibility into what’s running across your cloud(s).

Beyond management challenges, organizations often run into massive increases in IT costs as they scale. Whether from neglecting to shut down old resources when they are no longer needed or over-provisioning them from the beginning to avoid auto-scaling issues, cloud waste and overspend are among the most prevailing challenges that organizations face when adopting and accelerating cloud consumption.

Just how prevalent is this issue? Well, according to Flexera’s 2022 State of Cloud Report, nearly 60% of cloud decision-makers say optimizing their cloud usage to cut costs is a top priority for this year.

The cost benefits of reducing waste can be massive, but knowing where to look and what the most common culprits of waste can be a challenge, particularly if your organization are relative novices when it comes to cloud.

Common cases of cloud waste and how to avoid them

Now that we’ve covered the factors that drive exploding cloud budgets, let’s take a look at some o ..

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