FINAL WORD are that this is a modest estimate – it ’ s imperative that organisations find the right cloud storage solution that meets both their needs and their budget .
With the right strategy , organisations can make the public cloud work harder for them and avoid overspending . With growing cloud usage , there is a high likelihood that organisations will struggle to get a handle on their increased cloud expenditure .
1 . Do we know how many open public cloud accounts we have ?
Typically , an organisation will have multiple accounts with multiple cloud providers and because the public cloud is designed to empower anyone in an organisation to set up an account and allocate resources , those with authorisation to do so often create accounts without any centralised notification .
Every organisation wants to reduce its operational costs , wherever possible , and public cloud spend is an area that many are already overspending on .
Most , if not all , organisations today have recognised the many competitive advantages that cloud computing brings to the digital landscape , but few have been able to adopt the technology with a consistent and optimised strategy to reduce costs .
Here are five questions that will identify whether you have a public cloud spending problem :
It ’ s simple to spin up an instance for a project and then forget to shut it down . Many teams deal with orphaned instances that have no ownership but still continue to generate costs . In the same vein , shadow
59 % of organisations are expected to increase cloud usage as a direct result of COVID-19 .
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