Most public cloud customers pay more than what they utilize. The cloud service providers can reduce the cost by optimizing the infrastructure utilization
Each component of Cloud server, storage, tools and other services has to be reviewed
Integrating Cloud Optimization services will allow the TCO to be brought down overall
Good service provider can reduce cost without compromising on availability and performance
Cloud Cost Management Challenges
Predicting cloud spending, internal chargebacks and allocating budgets appropriately
Lack of financial transparency due to scattered usage
Enterprise cloud costs are hard to predict and hard to understand.
Confusing terminologies used by different cloud service providers.
Increase in the no of application infrastructure components due to complex digital applications
