Tag: cloud spend

Global Cloud

You Want to Optimize Your Cloud Costs – But What Are Your KPIs?

June 7, 2023

Via: Data Center Knowledge

Cost efficiency is the name of the game for all enterprise departments right now, but cloud spending has been a particularly ripe area to make needed reductions. Gartner projects that worldwide cloud spend will top half a trillion dollars ($592 […]

Global Cloud

Snowflake feels the pinch of tightened cloud spend

May 25, 2023

Via: CIO Dive

While the data cloud company’s software are platform agnostic, its data storage and analytics solutions depend on cloud, a category of enterprise IT spend that came under greater scrutiny as rising inflation and interest rate hikes shook confidence in the […]

Global Cloud

AWS suffers year-on-year drop in profit and revenue growth as enterprises curb cloud spend

April 28, 2023

Via: Computer Weekly

The annual revenue growth rate for Amazon’s cloud arm is continuing to slow, as enterprises look for ways to optimise the costs involved in running their IT estates off-premise, as evidenced by the e-commerce giant’s first-quarter results for 2023. The […]

Global Cloud

British regulators scrutinize cloud market competition, target AWS, Microsoft

April 6, 2023

Via: CIO Dive

Market consolidation among the hyperscalers has raised concerns over cost, competition and security among cloud users and government regulators. AWS and Microsoft command a combined 60% to 70% of the U.K. market, Ofcom said, citing its analysis of data it […]

Global Cloud

AWS pledges to help customers trim their cloud bills

October 28, 2022

Via: CIO Dive

Despite the click-click of belt tightening and the snip-snip of budget trimming, enterprise cloud spend continues to rise. It’s just not growing at the neck-breaking pace of recent years. In part, that dynamic accounts for Amazon’s underperformance during the three-month […]

Global Cloud

AWS launches subscription service to help companies build cloud skills

August 2, 2022

Via: CIO Dive

For businesses aiming to reap the benefits of cloud migration, finding and developing the necessary tech talent remains a major obstacle. Three-quarters of the over 9,000 IT leaders, human resource professionals and industry experts polled for Skillsoft’s 2021 Global Knowledge […]

Global Cloud

AWS commits to helping customers optimize cloud spend

July 29, 2022

Via: CIO Dive

Amazon, which posted a net loss of $2 billion, sees potential rough patches in the economy as a growth opportunity for AWS, which had $19.7 billion in net sales in Q2, up 33% year-over-year. After expenses, its operating income reached […]

Deployment Models, Public Cloud

What happens when cloud spend surpasses traditional systems

July 8, 2022

Via: InfoWorld

I made this prediction in 2020, and here we are. Spending on public cloud services is about to hit another milestone as business customers spent $18.3 billion on cloud computing in the first quarter of 2022, up 17.2% year over […]

Service Models

4 tips for adopting a multicloud strategy

October 14, 2021

Via: CIO Dive

With architecture strategies percolating in a hybrid-friendly, remote operations world, cloud spend is up across the board this year, coinciding with a decrease in on-premises software spend. Companies are investing more in public cloud resources, the second-highest category for IT […]

Deployment Models, Hybrid Cloud

How to Optimize Your Hybrid Cloud Architecture

October 11, 2021

Via: InformationWeek

Organizations continue the aggressive movement of their operations to the cloud. According to Flexera’s 2021 State of the Cloud report, 80% of enterprises are utilizing a hybrid cloud strategy. Respondents to Flexera’s report estimate that 30% of their organizations’ cloud […]

Cloud Clients

Ways to Put a Lid on Cloud Waste

June 7, 2021

Via: InformationWeek

In 2020, annual company cloud waste was estimated at $17 billion, largely lost on idle and excess resources. This was according to Jay Chapel, CEO and co-founder of ParkMyCloud. Chapel should know. His company makes a business out of helping […]

Global Cloud

StormForge survey finds you can waste a lot of money deploying Kubernetes to the cloud

April 16, 2021

Via: ZDnet

The reason why we use the cloud so much is the bottom line: Saving money. Well, that’s the theory anyway. StormForge, a start-up specializing in reducing cloud waste with machine learning (ML) and artificial intelligence (AI) has found in its […]

Global Cloud

7 ways to gain control over cloud spend

September 21, 2020

Via: CIO

Enterprises worldwide spent a record $34.6 billion on cloud services in 2020’s second quarter, up roughly 11 percent from the previous quarter and 30 percent from the same period last year, according to research firm Canalys. What isn’t known is […]