The 4 Pillars of Cloud Cost Optimization

As the world enters the age of Generative AI, which is quoted as the next big thing after the internet, the need for scalable and robust supporting infrastructures has increased. That’s why in 2024, every $8 out of $10 spent on enterprise IT goes to cloud computing. (Source: McKinsey).

But here’s the twist: almost 50% of cloud-based businesses struggle to control cloud costs, with an average of 30% of these cloud budgets going to waste. (Source: State of the Cloud Report, 2024)

These numbers indicate a heightened importance of robust cloud cost optimization strategies - the foundation of efficient and sustainable cloud operations.

This whitepaper takes you through the fundamentals of cloud cost optimization with a 4-pillar analogy - Rate Optimization, Usage Optimization, Cloud Cost Visibility, and CloudOps Augmentation and Support.

Here’s what you’ll learn from the Whitepaper