8 Cloud Cost Optimization Best Practices

The rapid adoption of cloud computing has brought unparalleled scalability and flexibility to businesses. However, this convenience comes with a price tag. Gartner analysts estimate that up to 70% of cloud costs can be wasted due to mismanagement. In this context, Cloud Cost Optimization (CCO) is a critical strategy for businesses to maximize their cloud investment.

Tackling Unused or Unattached Resources
– A primary source of cloud waste is unused or unattached resources. Administrators often spin up resources for temporary use and must remember to decommission them.

– Regular audits and cloud management tools can help identify and eliminate these resources, significantly reducing unnecessary costs.