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As cloud spending quickly becomes one of the most expensive resources in organizations around the world, C-suite leaders are steadily prioritizing tools and strategies for optimizing, reducing, and centralizing cloud cost management. In fact, according to a survey, 88% of
According to a report by Flexera, 73% of enterprises have exceeded their cloud budget at least once, and over 33% have exceeded their budget by more than 10%. Another report found that over 35% of cloud spending is wasted due
In our previous article, we discussed how important cost allocation is to companies. As the late Lord Kelvin once said, “If you cannot measure it, you cannot improve it.” and that is certainly true for cloud costs. To that effect,
What does adding a business context to every dollar of your bill mean? We all know that Cloud billing is complex. For example, AWS has more than 200 services, billing with per second billing resolution; there are different teams provisioning
With 200+ comprehensive services and per-second billings offered by AWS, it’s extremely challenging to allocate your cloud costs to 100% of their potential. And, amidst increasing AWS bills, losing such significant amounts because of inadequate allocation can be a primary
Cloud spending will make up for 14% of total enterprise IT spending in 2024–up from 9% in 2020. As the demand for the cloud is increasing, so are the cloud costs. However, organizations are now realizing that high cloud costs
AWS has become the preferred cloud provider for many organizations worldwide–helping them scale their IT infrastructure and boost their cloud computing operations. But even with all AWS value additions, there is no denying that it’s still a costly affair. Chargeback
As cloud bills continue to increase, it becomes vital for businesses to manage their cloud spend. And the very first step to cloud management definitely is cloud cost allocation. Until and unless your business understands what cost is being spent
The rise of cloud technology has revolutionized how businesses collect and report their data. Cloud-based reporting tools are now essential for companies to understand their performance and make data-driven decisions. Data reporting is a critical part of any business, allowing
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