How to improve your cloud costs with network observability
ciodive.comIn our software-driven economy, companies throw millions at cloud service providers each year. Many companies also unknowingly overspend in response to the most common cloud scaling challenges. A 2023 Gartner report highlights that 78% of organizations reported cloud spend waste from underutilized cloud resources and systems[1] – only one of the many drivers of unnecessary cloud costs.
Infrastructure teams can capture significant cost savings using cloud optimization strategies, which can be applied in a routine cadence, a project or initiative, or following root cause analysis of an incident. Gartner's recent survey revealed that 77% of enterprises reported being “surprised” by incidents in which costs suddenly spiked. More than a third of respondents didn’t detect a surge for days and incurred extra costs up to $100,000, driving cloud budgets by 10% or more.[2]
More of a fixed expense in the data center era, connectivity costs were long ...
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