{"id":12273,"date":"2023-06-23T07:00:00","date_gmt":"2023-06-23T15:00:00","guid":{"rendered":"https:\/\/formtek.com\/blog\/?p=12273"},"modified":"2022-09-01T17:46:21","modified_gmt":"2022-09-02T01:46:21","slug":"cloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/cloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings\/","title":{"rendered":"Cloud Waste: Stick to your Budget with Careful Monitoring of Usage Billings"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">44 percent of businesses say that their companies are wasting more than one-third of the money that they&#8217;re spending on cloud computing, <a href=\"https:\/\/www.anodot.com\/news-item\/survey-nearly-50-of-businesses-are-struggling-to-control-cloud-costs\/\" data-type=\"URL\" data-id=\"https:\/\/www.anodot.com\/news-item\/survey-nearly-50-of-businesses-are-struggling-to-control-cloud-costs\/\">according to a survey by Anodot.<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gartner summarizes six reasons how businesses&#8217; cloud budgets typically get blown:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Ungoverned costs<\/strong> &#8211; No one is monitoring how cloud money is being spent.  Cloud bills need to be analyzed with a cost management tool.<\/li><li><strong>Unanticipated usage<\/strong> &#8211; Cloud projects breed new ones, and often unexpected and unplanned projects that use the cloud are started.  This could be a good thing, but it is outside the original budget.<\/li><li><strong>No commitments<\/strong> &#8211; Cloud vendors offer discounts when users commit to reserved or dedicated cloud resources, but organizations often worry about committing to something they won&#8217;t use and miss out on large savings.<\/li><li><strong>Dev\/Test Waste<\/strong> &#8211; Developers are often culprits in mismanaging cloud resources.  For example, not shutting servers down when not used or overestimating and over allocating the resources needed for development or testing.<\/li><li><strong>Not Using Cloud Autoscale<\/strong> &#8211; Businesses used to running on-premise even in the cloud like to over allocate resources to give themselves space and capacity that may be needed in the future rather than relying on cloud auto-scaling features.<\/li><li><strong>Suboptimal Design<\/strong> &#8211; Cloud architects may not consider resource cost during their design which can result in unexpectedly expensive implementations.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.linkedin.com\/in\/daviddrai\/\" data-type=\"URL\" data-id=\"https:\/\/www.linkedin.com\/in\/daviddrai\/\">David Drai<\/a>, Anodot CEO, <a href=\"https:\/\/www.anodot.com\/news-item\/survey-nearly-50-of-businesses-are-struggling-to-control-cloud-costs\/\" data-type=\"URL\" data-id=\"https:\/\/www.anodot.com\/news-item\/survey-nearly-50-of-businesses-are-struggling-to-control-cloud-costs\/\">said that<\/a> &#8220;shifting to the cloud requires a delicate balance between the speed of workload migration and cost control. Today, cloud cost management \u2013 which is all the more crucial as businesses strive to mitigate wasted resources and shore up revenues \u2013 should be based on four key elements: visibility, insights, recommendations, and automated actions. Enterprises that are leveraging AI and ML to control and optimize their cloud environments.&#8221;<\/p>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/reddit.png\" alt=\"Reddit This\" title=\"Reddit This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.stumbleupon.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/stumbleupon.png\" alt=\"Stumble Now!\" title=\"Stumble Now!\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/buzz.yahoo.com\/buzz?targetUrl=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F&amp;headline=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/yahoo_buzz.png\" alt=\"Buzz This\" title=\"Buzz This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.dzone.com\/links\/add.html?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/dzone.png\" alt=\"Vote on DZone\" title=\"Vote on DZone\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.facebook.com\/sharer.php?t=&amp;u=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/facebook.png\" alt=\"Share on Facebook\" title=\"Share on Facebook\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/delicious.com\/save?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/delicious.png\" alt=\"Bookmark this on Delicious\" title=\"Bookmark this on Delicious\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.dotnetkicks.com\/kick\/?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/dotnetkicks.png\" alt=\"Kick It on DotNetKicks.com\" title=\"Kick It on DotNetKicks.com\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/dotnetshoutout.com\/Submit?title=&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/dotnetshoutout.png\" alt=\"Shout it\" title=\"Shout it\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.linkedin.com\/shareArticle?mini=true&amp;url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F&amp;title=&amp;summary=&amp;source=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/linkedin.png\" alt=\"Share on LinkedIn\" title=\"Share on LinkedIn\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.technorati.com\/faves?add=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/technorati.png\" alt=\"Bookmark this on Technorati\" title=\"Bookmark this on Technorati\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/twitter.com\/home?status=Reading+https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/twitter.png\" alt=\"Post on Twitter\" title=\"Post on Twitter\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.google.com\/buzz\/post?url=https%3A%2F%2Fformtek.com%2Fblog%2Fcloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings%2F\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/google_buzz.png\" alt=\"Google Buzz (aka. Google Reader)\" title=\"Google Buzz (aka. Google Reader)\" \/><\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>44 percent of businesses say that their companies are wasting more than one-third of the money that they&#8217;re spending on cloud computing, according to a survey by Anodot. Gartner summarizes six reasons how businesses&#8217; cloud budgets typically get blown: Ungoverned<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/cloud-waste-stick-to-your-budget-with-careful-monitoring-of-usage-billings\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-12273","post","type-post","status-publish","format-standard","hentry","category-cloud-computing"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/12273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=12273"}],"version-history":[{"count":1,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/12273\/revisions"}],"predecessor-version":[{"id":12274,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/12273\/revisions\/12274"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=12273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=12273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=12273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}