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Cloud Cost Management and Optimization Guide for 2022

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Abhijeet Srivastav
Cloud Cost Management and Optimization Guide for 2022

Cloud is one of the most expensive resources for any business. Organizations are moving to the cloud to maintain their competitive edge, improve innovation, and transform interactions with customers, employees, and business partners. Cloud assets are allocated across multiple vendors, teams, and other organizational resources. Cloud spending is highly flexible, and it gets quite difficult to forecast and keep the costs in control. 


Managing cloud costs manually isn’t easy. Whether a business uses a single cloud service provider like AWS, GCP, or Azure cost management, or runs a multi-cloud or hybrid cloud environment, it is almost certain to spend money on resources that they’re not using. Here comes Cloud Billing Management Tools for MSPs and Resellers as the savior of all these obstacles.


The biggest contributors to their cloud costs are unused. The resources that are set up can end up idle waiting to be more fully utilized. A cloud governance platform helps in identifying, aggregating, and assigning the cloud spending of a business across different departments, vendors, business partners, employees, and many more. Effective cloud cost allocation leaves a favorable impact on a business’s performance and productivity. A cloud governance platform lets a business find out where the cloud spending is going in terms of cost per product, service, customer, or any other business resource. A cloud billing management tool can effectively assign cloud costs so that the teams or departments are held accountable for the cloud resources they use and businesses can set strategies accordingly.

Read More at: https://bit.ly/3MUENV3

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Abhijeet Srivastav
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