Published: 21 March 2024
Organizations overspend in the cloud due to overprovisioned services, suboptimal architectures and inefficient pricing strategies. This research helps I&O technical professionals optimize cloud service configurations, designs and commitments to reduce costs.
Cloud cost optimization cannot be managed in isolation. Cost efficiency is just one business priority alongside others, such as performance, availability, productivity and speed of delivery. Striving for cost efficiency requires managing these trade-offs and clear guidance on what takes precedence.
Overprovisioning cloudinfrastructure is common. Although sometimes it is required to protect performance, accommodate inflexible workloads and reduce management tasks, many times overprovisioning is a consequence of bad decisions that lead to overspending.
Cloud-provider-managed and serverless services provide better utilization efficiency and less operational overhead than self-managed infrastructure, albeit at higher unit cost. Organizations struggle to manage these trade-offs and
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