Enterprises are facing unprecedented challenges in the wake of a potential economic downturn. As a result, leaders are making difficult decisions about budgets and staffing, focusing on what and who is essential to the success of the organization. With over 108,000 workers laid off in 2023, many are turning to the cloud as a cost-cutting solution. Navigating Economic […]
Where Are You on the Cloud Spend Optimization Maturity Curve?
Click to learn more about author Jay Chapel. Cloud spend optimization is always top of mind for public cloud users. It’s usually up there with security, governance, and compliance — and now in 2020, 73 percent of respondents to Flexera’s 2020 State of the Cloud report said that optimizing “existing use of cloud (cost savings)” […]
ParkMyCloud Expands Cloud Cost Optimization to Containers
According to a recent press release, “ParkMyCloud, provider of the leading enterprise platform for continuous cost control in public cloud, has expanded its public cloud cost optimization capabilities to container technology, starting with Amazon Elastic Kubernetes Service (Amazon EKS). Wasted cloud spend is a significant problem, draining IT budgets in companies of all sizes and […]
Four Types of Idle Cloud Resources that are Wasting Your Money
Click to learn more about author Jay Chapel. We have been talking about idle cloud resources for several years now. Typically, we’re talking about instances purchased on-demand that you’re using for non-production purposes like development, testing, QA, staging, etc. These resources can be “parked” when they’re not being used, such as on nights and weekends, […]