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Tips, tools and suggestions
to help you start saving in
the cloud and dramatically
lower your costs—today and
over the long haul.
TIP SHEET
Get Your
Cloud Costs
Under
Control
Gartner predicts that cloud service revenue
in 2020 will surpass $266 billion, with
inf rastructure as a service (IaaS) revenue
comprising $50 billion of the total market
spend.
i
The Flexera 2020 State of the Cloud
Report found that, on average, 30% of
cloud spend is wasted.
ii
If we use Gartner's
numbers as a point of reference, $15 billion
of the $50 billion IaaS revenue this year
would be considered wasted spend. As
you can imagine, this is money that most
organizations cannot afford to throw away.
We often hear about how cloud users only
pay for what they use—it's one of the greatest
benefits of moving to the cloud, right? While
this statement is true, there's more to the
story. The cloud is a utility model. So, you're
paying for the resources that are running—
whether you are using them or not. This is
what gets organizations into trouble. They
migrate to the cloud, realize initial cost
savings, but then over time, monthly costs
start creeping up.
The key to lowering costs is staying on top of
your environment. How can you do this? Use
the tips in this worksheet to ensure that you
are implementing best practices to optimize
your costs on the cloud.
