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Simply migrating to the public cloud doesn’t always translate into the cloud cost savings that your business may be hoping for. It’s possible you’ll end up spending on unnecessary infrastructure that will surely be reflected on your monthly cloud bills. That’s why having a cloud strategy is critical. To avoid cloud sprawl, you can’t just pick up what you have in your previous infrastructure and put it into the cloud without a set plan.

Cloud computing services are provided primarily in the forms of IaaS (Infrastructure as a Service), PaaS (Platform as a Service), and SaaS (Software as a Service). Additional cloud services that are growing in popularity include FaaS (Function as a Service), STaaS (STorage as a Service), and MLaaS (Machine Learning as a Service).   This blog post will break down exactly where the focus on cloud cost optimization is for each type of cloud computing service. 

Some of the big players in cloud management include Flexera, VMWare, CloudBolt, and Scalr, as listed on Gartner’s Magic Quadrant for Cloud Management Platforms for 2020. However, not all organizations and businesses, specifically small and medium-sized businesses (SMBs), fit under the business and pricing models of these cloud management providers. This blog post will explore and highlight some of the newer players to enter the cloud management and cloud cost optimization space.

While Microsoft and Google grew faster in the fourth quarter, they’re still well behind Amazon in serving businesses that are rapidly offloading their data. Revenue at AWS climbed to $12.7 billion from $9.95 billion a year earlier, below the $12.83 billion consensus estimate among analysts polled by FactSet. AWS revenue represented 10% of Amazon’s total sales.

Most businesses, regardless of size, turn to AWS, Microsoft Azure, IBM, and Google as their chosen cloud providers. If you are in this group and go down this route, you could be missing out on potential cloud savings if you’re not incorporating a cloud cost optimization tool. In this blog post, we discuss the benefits of using cloud cost optimization tools to reduce overall cloud costs. Here’s why startups should invest in cloud cost optimization outside of their cloud provider.

Unlike traditional on-premises infrastructure, the cloud doesn’t require a physical server to operate and allows users to use as much or as little computing power as needed. However, businesses that are new to cloud services and have no cost management tools in place may struggle to understand and reduce their cloud bills. In this blog post, we will explore the cloud cost management trends for 2021 that will dictate how businesses will save on cloud costs.

Optimizing cloud costs is a challenge and major pain point for businesses. Because of this, various services and solutions in the cloud market are looking to use artificial intelligence (AI) to offer cloud cost reduction. This blog post will explore ways in which artificial intelligence can help reduce overall cloud spending and will introduce several use cases of AI and machine–learning-based cloud cost optimization.

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