Driving cost optimization in the public cloud

Public clouds, such as AWS, Microsoft Azure, and GCP, provide excellent cost optimization with a pay-as-you-go model. This model allows customers to trade CapEx for variable expenses, paying for IT resources as they consume them. OpEx is usually lower due to economies of scale. It can be cost-effective to be in the cloud and benefit from continued price reductions that occur over time. The other advantage is that you get additional tools and functionality out of the box with a cloud provider such as AWS, which helps you achieve better agility.

You need a different mindset when defining the cloud cost structure model, as it differs from traditional cost models, which most enterprises have been following for decades. You have all the infrastructure available at your fingertips in the cloud, which requires greater control and regulation. Clouds provide several tools for cost governance and regularization. For example, in AWS, you can...