The latest News and Information on Cloud monitoring, security and related technologies.
It’s no secret that application containerization has revolutionized the digital world as we know it by providing a transient gateway into elastic infrastructure that can scale and grow as needed. Where traditional virtualization was all about creating a single homogenous entity, containers are self-contained units of software, able to run in just about any environment, making them extremely portable.
Achieving cost savings is one of the main drivers for cloud adoption. But for most companies, controlling cloud spend is much more challenging than anticipated. In a recent survey, 94% of IT decision makers report they are overspending in the cloud. Our own survey on cloud costs revealed 90% of executives say better cloud cost management and cost reduction is a top priority.
Cloud services are the number one source of unexpected overspending for companies today. As a result, cloud financial management is a major focus for most organizations. But how do you track the success of cloud efficiency? Full allocation of multicloud costs is a critical component for understanding your actual cloud services usage, establishing cloud cost management ownership, and creating accurate budgets and forecasts at the line of business, project, application and even team levels.