According to research by Softchoice, 57% of IT leaders have exceeded their cloud budget at one point or another. Twenty percent have exceeded it by more than 20%.
Any organization investing in the cloud, to any extent, can experience cost overruns. Cost optimization in the cloud is a universal issue, whether using Microsoft or another provider. The budgetary practices that made sense in the era of on-premises (CapEx) computing are exactly the opposite of what’s required to run cloud efficiently (OpEx). However, in the cloud, because resources are flexible, the opposite approach is optimal.
What you will learn:
- Best practices for creating a balanced cloud budget
- How your cloud maturity can impact cloud cost management
- Understanding cloud cost optimization techniques to reduce costs
- How to implement a Cloud Cost Management practice