Organizational reliance on the cloud is on the rise, so too are the difficulties of managing increasingly complex cloud strategies.
The dramatic shift to cloud services over the past few years has given organizations unprecedented flexibility and scalability, enabling them to forge ahead with digital transformation efforts. For many, it has also led to intermingled, complex strategies that threaten to take away some of the luster of the cloud.
Enterprises don't typically deploy one cloud service and call it a day. They rely on multiple offerings from various vendors for everything from procuring key business applications to creating new development environments to running their entire IT infrastructure.
Organizations need the right strategies in place to avoid cloud cost pitfalls. Stay within your budget with these cost management best practices.
Many organizations reap the benefits of hosting workloads in the cloud, yet this infrastructure model is not sustainable if you can't keep your cloud bills under control. Companies must carefully evaluate their cloud services fees.
Cloud bills skyrocket for multiple reasons, such as overprovisioned resources, unnecessary capacity and poor visibility into the environment. Fortunately, there are tools and cost optimization practices that can help eliminate unnecessary spending. Cost optimization also helps organizations strike a balance between cloud performance and spend.
Learn how to reduce cloud costs with the following practices and tools.
Serverless computing offers an alternative to traditional compute methods and infrastructure, which frees up time for IT personnel to dedicate to more important tasks. As such, serverless computing is becoming more popular in industry and market trends.
An O'Reilly survey found that 40 percent of respondents worked at a company that had adopted serverless architecture. And a Datadog survey discovered that 50 percent of AWS users were using the serverless function. Furthermore, Precision Reports projects the global serverless architecture market size will reach $10290 million by 2026, from $3570 million in 2019, at a CAGR of 16.2 percent during 2021-2026.
In a market that's growing so rapidly, it can be difficult to determine which serverless vendor is right for you. Keep your business's unique needs in mind as you evaluate each solution's key differentiators.
Few other branch-out concepts from cloud computing's overarching umbrella have been as impactful as multicloud.
Focusing on this technology, Dell Technologies Inc. and Deloitte Consulting are working to create better, more conducive environments within which organizations can either migrate to or maximize their existing stacks.
'Anybody who's leveraging cloud computing is going to find that there's a need to leverage multiple clouds and multiple kinds of technologies,' said David Linthicum (pictured, left), chief cloud strategy officer at Deloitte. 'And, therefore, we're kind of focused on what's in between the clouds versus the clouds themselves.'
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