Not knowing how much you overpay can hurt your bottom line. Significantly. To find out how people deal with cloud costs, we surveyed AWS users. About 70% of respondents have already taken some measures to control AWS costs, but only 30% of those who tried succeeded in achieving their cost reduction targets.
A key financial advantage of cloud computing over onsite computing is elasticity: Cloud computing power and storage resources can be provisioned on-demand at virtually any size. This ability of clouds to elastically allocate resources makes performing large-scale data processing and analytic jobs cost-effective.
Amazon Web Services (AWS) evolves constantly. In 2015 Amazon announced over 700 AWS updates, typically new and modified features or novel pricing mechanisms. When AWS functionalities evolve, so do cost-effective cloud solutions on AWS. A solution that used to offer low costs a year ago doesn’t necessarily do so today. Let’s go over three examples. Read more