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How To Trim Your Cloud Budget
Submitted as: sherin
In the 2023 State of the Cloud Report by Flexera, it is revealed that managing cloud spending has become a greater challenge than security for organizations. Consequently, many organizations are allocating nearly half of their IT budgets to the cloud. Oversized infrastructure often leads to excessive cloud resource spending due to a mismatch between infrastructure sizing and actual usage. To address this, organizations can implement strategies like conducting detailed spending appraisals, optimizing resource allocation, using autoscaling for cost savings, and considering cost-effective cloud providers or multi-cloud strategies. Platforms like InfinCE offer secure and independent cloud-hosted environments to help organizations effectively manage their cloud spending.(read
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