While cloud managed services offer significant benefits, businesses often face challenges in controlling costs due to complex pricing models and inefficient resource usage. To optimize cloud spending, IT teams should understand pricing structures, set clear budgets, use monitoring tools to track underutilized resources, and right services. Additionally, leveraging reserved and spot instances, minimizing data transfer fees, and adopting cloud-native designs can contribute to reduced costs. Educating stakeholders on cost optimization is essential for maximizing cloud ROI and avoiding unexpected expenses.
Read the full blog to uncover more cost-saving strategies.