7 Top Tips for Managing
Effective planning, management,
CLOUD SPEND IS REACHING NEW HEIGHTS
$34.6 Billion
Spent globally on cloud services in the second half of 2020, up 30% over 2019
23% Budget Deviation
Over company projections for public cloud projects
47% Increase
In projected public cloud expenses
With 32% of IT budgets being dedicated to the cloud in 2021, companies need the right strategy and tools to optimize and control their public cloud spending.
migration issues.
Conduct a skills assessment before you begin and leverage partners to fill any gaps. Clearly define the shared responsibility model with SLAs and KPIs.
9 out of 10
Plan your migration
surplus was spent on unused and underutilized cloud resources by companies in 2019.
Remove waste
$14.1 billion
Audit and remove cloud services that are not delivering value. A cloud management platform can provide reporting and analytics to take the guesswork out of your cloud bill.
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5
Implement effective governance
Collaborate with the stakeholders in your organization to set policies for infrastructure design, application monitoring, security and programming. Document your governance model and reassess it regularly to make sure it is effective.
of cloud-based instances are at least one size too big.
7
Rightsize your resources
40%
Pay attention to oversized cluster assets, build conservatively and flex to burst only when needed.
Automate monitoring
Ongoing automated monitoring of your environment offers peace of mind by illuminating blind spots and predicting cost anomalies.
of customers take advantage of cost-savings plans from cloud providers.
8
Leverage savings plans
Less than 25%
Leverage vendor savings plans like DoiT’s FlexSave features for AWS, which can help you save up to 80% on your standard monthly bill without the need for a long-term contract.
With industry analysts reporting that
Partner with experts
50%
of IT spend is going to cloud services by 2024, successful partnerships with technical experts will accelerate your ability to innovate at scale and keep your cloud spend in check.
Your Checklist to Managing Cloud Costs
Optimize and govern your AWS and Google Cloud
Find out how
VIEW SOURCES
analytics and governance are key
to optimizing and controlling costs
— and lowering your cloud bill.
Costs in the Public Cloud
4
companies face
deployments with DoiT’s Cloud Management Platform
and Global Cloud Engineering Services.
Canalys Research Institute
Gartner Survey
Gartner
Cloud Industry Forum Survey
Flexera Survey
Flexera’s 2020 State of the Cloud Report
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2
1
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