Cloudy Enough Already

October 18, 2019

Cloud services have quickly become the norm, but businesses stand to lose money if they implement them without a good plan. IT ProPortal reports, “Business Are Wasting Millions on Unused Cloud Services.” Writer Sead Fadilpaši? cites a recent report from the European Insight Intelligent Technology Index that polled 1,000 European businesses. He writes:

“The report states that more than $36 million are being spent on cloud services a year. Out of that number, almost a third (30 per cent – $10.9m) gets spent on services that end up not being utilised.

When managing how they spend their money on cloud-based services, the respondents have identified three main challenges, which include determining best-fit workloads for public, private and hybrid clouds, planning and allocating budget for cloud consumption, and a lack of visibility of used services at the cst centre, workload and application level.

“‘Cloud continues to be a mission-critical enabler for agile and digital business, but it needs the right approach,’ commented Wolfgang Ebermann, President, Insight EMEA. ‘A robust operating model, that provides oversight and continual optimisation of cloud environments, is critical. Under-utilised technology has been a problem for decades, so it’s not surprising to see the problem spread to the cloud. However, by putting the right controls in place, organisations can optimise cloud consumption and ensure they only pay for services they are using.’”

The report also indicates businesses will continue to invest in new technologies, largely to put the best tech in the hands of their talented employees. That makes sense—but to avoid wasting money, companies must take the time to implement these tools efficiently.

Cynthia Murrell, October 18, 2019

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