Preface While cloud adoption has been growing rapidly since before the pandemic, in recent years, there are signs of a slowdown in the overall rate of growth. Several factors contribute to this trend: Price shock: As client organizations migrated their workloads to the cloud, they often underestimated the costs involved. While the cloud offers scalability and flexibility, it is not always the most cost-effective option, particularly for certain types of workloads. Some clients experience price shock when they receive their cloud bills, especially if they haven't properly optimized their resources, realized the implications of data movements, ...
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Preface Despite a pervasive industry need, cloud cost optimization has not yet lived up to its potential. Clients are continuing to suffer from cloud cost overruns and efforts to cut costs have been largely ineffective. So then, what is the future for cost optimization with cloud solutions like AWS, Azure, and GCP? Background Review our recent 3-part series on Cloud Costs: Take a look back at our recently completed 3-part series on cloud costs, where we detailed the top 5 price shock phenomena of cloud computing, and how those shocking prices were often caused by migrated workloads that turned out not to be well suited for cloud computing ...
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Preface A big story in the first quarter of 2023, is that the era of hyper-accelerated cloud migrations, which has been causing unassailable growth for the major cloud computing providers, may be slowing. Last quarter, Amazon (AWS) posted 'the slowest growth in its history' at 27.5%, down from 33% the quarter before. Cloud Growth at Azure, and GCP is slowing too as customers get a dose of cloud 'cost reality' or what we like to call, Price-Shock. As it turns out, cloud deployments are not always cheaper than implementations on-premises, and many client organizations are determining that previous cloud-migrated workloads may not deliver the ...
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Cloud spend is anticipated to continue its massive growth trajectory for the foreseeable future. However, the spend does not have to match that same growth curve! To help our Clients maintain sound Cloud Optimization programs, we've assembled a series of articles and tips called: 12 for '21 Cloud Optimization Series (note: request a download of all 21 here). Today we review the fourth installment in the series: Reserve Your Instance In exchange for an upfront commitment of 1 or 3 years, AWS (“ Reserved instances”), Microsoft Azure (‘Reserved Savings’) and GCP (‘Commitment Price’] offer significant cost savings (anywhere from ~29% up to 72%) ...
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Cloud spend is anticipated to continue its massive growth trajectory for the foreseeable future. However, the spend does not have to match that same growth curve! To help our Clients maintain sound Cloud Optimization programs, we've assembled a series of articles and tips called: 12 for '21 Cloud Optimization Series (note: request a download of all 12 here). AWS, Azure and GCP offer data storage services that include a range of options in term of cost and performance. You can choose from several different storage classes (and pricing) depending on how frequently the data will be accessed, how long you need to store the data, and the ...
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