Trends Report

Where And How To Optimize Cloud Platform Spend Amid The Pandemic Recession

October 29th, 2020
With contributors:
Lauren Nelson , Duncan Dietz

Summary

Cloud architects, engineers, and business managers must help their companies cut and optimize cloud platform spend during the pandemic recession and recovery, but they often don’t know where to start. Identify the pandemic recovery mode your company is in — survival, adaptive, or growth mode — to determine how much of your cloud spend to cut immediately and when and how to start growing it wisely. Five tactics for both reducing spend today and optimizing spend tomorrow can provide immediate cost benefits and establish the foundation for an ongoing cloud cost optimization program. Enterprises should leverage tools and service providers to identify waste and rightsize their cloud storage and compute instances. To learn more about this market, see Forrester’s “ Top 10 Facts Every Tech Leader Should Know About Cloud Cost Optimization” report, and schedule an inquiry for further guidance.

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