As organizations continue to migrate to th🦩e cloud, clearly understanding usage and costs is proving to be a significant challenge.
Unlike on-premise infrastructure, most cloud providers use a pay-as-you-go model, allowing for a low barrier-to-entry and easy scalability. Unfortunately, that model can also lead to significant challenges accurately predicting how much cloud computinܫg will ultimately cost.
According to , almost 50% of IT executives say it’s proving difficult to control cloud costs, while respondents say that gaining visibility and understanding both usage and costs is a top challenge. Similarly, 88% cite optimization and reduced spending on existing cloud deployments as extremely or very important.
Interestingly, despite these c🌼oncerns, 60% of those polled plan to migrate more workload🌞s to the cloud in the coming year.
Anadot highlights the importance of organizations carefull🌼y tracking their cloud usage to better understand their needs an🔴d associated costs:
Unless costs are managed carefully, it’s quite easy to lose track of what’s being used—especially for organizations with large development🌸 teams that move quickly and tend to try new things. Misconfigurations, over-provisioning, and forgotten resources that have been provision🦹ed but abandoned are the bane of cost management for DevOps teams. Unfortunately, for many organizations, the surprise costs only show up when the monthly invoice arrives.
Understanding cloud cost visibility is not a new challenge. In fact, to lower customers’ bills following years of complaints and a reputation for surprise bills, artificially high fees, and hidden costs.
With 60% of organizations planning to increase their cloud ꦯdeployments, cost visibility is something that will need to⛄ be addressed sooner rather than later.