Top Cloud Computing Trends: Cloud Cost Control - ParkMyCloud

Top Cloud Computing Trends: Cloud Cost Control

Enterprise Management Associates (EMA) just released a new report on the top cloud computing trends for hybrid cloud, containers, and DevOps in 2017. With this guide, they aim to provide recommendations to enterprises on how you can implement products and processes in your business to meet the top priority trends.

First Priority Among Cloud Computing Trends: Cost Control

Of the 260 companies interviewed in EMA’s study, 42% named “cost control” as their number one priority. Here at ParkMyCloud, we weren’t surprised to hear that. As companies mature in their use of the cloud, cost control moves to the top of the list as their number one cloud-related priority.

EMA has identified a few key problems that contribute to the need for cloud cost control:

  • Waste – inefficient use of cloud resources
  • Unpredictable bills – cloud bills are higher than expected
  • Vendor lock-in – inability to move away from a cloud provider due to contractual or technological dependencies

Related to this is another item on EMA’s list of cloud computing trends: the demand for a single pane of glass for monitoring the cloud. This goes hand-in-hand with the need for cost control, as well as concerns about governance: if you can’t see it, you don’t know there’s a problem. However, it’s important to keep in mind that a pane of glass is only one step toward reaching a solution. You need to actually take action on your cloud environment to keep costs in control.

How to Implement Changes to Control Costs

To actually implement changes in your environment and control costs, EMA has provided a starting recommendation:

Consider simple tools with large impact: Evaluate tools that are quick to implement and help harvest “low-hanging fruit.”

In fact, EMA provided a list of its top 3 vendors that it recommends as a Rapid ROI Utility – among which it has included ParkMyCloud.

Cost Control among top cloud computing trends

EMA recommends these top tools, particularly the “rapid ROI tools,” as a good starting point for controlling  cloud costs – as each of the tools can easily be tried out and the results can be verified in a brief period of time. (If you’re interested in trying out ParkMyCloud in your environment, we offer a 14-day free trial, during which you get to pocket the savings and try out a variety of enterprise-grade features like SSO, a Policy Engine, and API automation for continuous cost control.)

 

Download the report here to check out the full results from EMA.


About Jay Chapel

Jay Chapel is the CEO and co-founder of ParkMyCloud. After spending several years in the cloud management space, Jay saw that there was no simple solution to the problem of wasted cloud spend - which led him and co-founder Dale Wickizer to start ParkMyCloud in 2015. Before that, he spent 10+ years with Micromuse and IBM Tivoli, a provider of business infrastructure management software. After an acquisition by IBM, he led the successful sales integration and subsequent growth of the IBM Tivoli/Netcool business in Europe. He also held several regional and worldwide sales roles in Switzerland, the UK and the US. Jay earned both a BA in Finance and an MBA from West Virginia. Those few hours a month that Jay’s not busy with ParkMyCloud’s growth and success, you can find him on the ski slopes, on the soccer field, or on the golf course often accompanied by his three kids.

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