When cloud computing services were introduced in the mid-2000s with compute and storage offered for pennies on the dollar, the world of IT changed forever. While prices have come down significantly over the years, many companies learned the hard way that moving to the public cloud didn’t always achieve the cost savings they expected.
In fact, organizations have frequently noticed public cloud bills that are two to three times higher than expectations. This doesn’t mean that moving to the public cloud is a mistake. The public cloud provides huge benefits in agility, responsiveness, simplified operations, and improved innovation. The mistake is assuming that migrating to the public cloud without implementing management, governance and automation will lead to cost savings.
The first step to combating rising Microsoft Azure costs is to gain visibility across your entire organization’s cloud spend. Once you’ve identified the areas of high and/or rapidly growing costs, use these proven best practices for cost reduction and optimization to make sure you are getting the most out of your cloud investment.