. https://www.enterprisetech.com/2019/01/10/cloud-transition-begets-cloud-waste/
blog article
The more companies spend on cloud resources, the greater the likelihood those investments will be wasted on excess and therefore idle capacity along with the overprovisioning of infrastructure services, according to cloud optimization study.The analysis by cloud resource management specialist ParkMyCloud estimates that enterprises will waste as much as $14.1 billion in cloud resources during 2019. Among the reasons is idle resources, underscored by the fact that public and other cloud resources are seldom used every day, around-the-clock, yet cloud pricing is largely based on that scenario. When you spin up a cloud resource in a public cloud provider such as Amazon Web Services, Microsoft Azure, Google Cloud Platform or Alibaba Cloud, it is always running unless you specifically turn it off,” ParkMyCloud notes on its web site. GEORGE LEOPOLD READ MORE