The growth of the public cloud continues at breakneck speed, however as with any shiny new technology – there is the ‘let’s leap in’ approach and then figure it out later. What usually happens is people sign up because the cloud offers them growth, and then they start to use more of it to cope with growth, without any proper planning, understanding or training on how to use it, which makes it unwieldy and expensive.
And with the public cloud, it’s a pay for what you consume price model so costs quickly escalate.
How does it happen?
Setting up a cloud account is almost too easy, which means anyone in your business can sign up with no understanding of the different pricing models on offer, nor understanding of their ‘true’ hosting and storage requirements, or even forgotten accounts that have not been switched off. It can also happen when the growth offered by the cloud becomes too fast for businesses to manage and before they know what’s happened, they’re on the backfoot with their cloud hosting, paying more than they should. Whichever camp you’re sitting in, there is always a way out with a free cloud health assessment.
What’s it actually costing business?
Multiple research has shown over the years has businesses are wasting money with many IT leaders underestimating how much.
The latest report from RightScale 2019 State of the Cloud shows that whilst people estimated 27% cloud wastage of their business, actual figures were closer to 35%.
Despite the increased focus on cloud cost management, not many businesses are implementing automated policies to address this issue such as shutting down unused workloads or rightsizing instances. Many cloud users are also not taking advantage of the various cloud provider pricing options available.
What you can do about it?
1 Read the Cutting Through Cloud Complexity blog which provides real immediate actions you can take to remedy the situation.
2 Sign up for a free Cloud health assessment with our tea, to assess the cloud ecosystem within your business. The report delivered will save a business anywhere up to 30% on cloud costs, and with actionable recommendations provide the basis for a roadmap to becoming cloud wise.
3 Talk to Cloud experts about your long term cloud plans and see how they can help you deploy a multi-cloud ecosystem and training to support a cloud team within your business.