How Cloud Costs Are Computed and How to Reduce Cloud Costs?
How to reduce cloud costs is a question on everyone’s mind since cloud computing has revolutionized the ways in which workspaces function. They have sped up processes and helped save a lot of time and effort thereby making the workspace more efficient. But the reality is that Cloud computing is rather expensive, especially when cloud spending is on a large scale. Today, we will look at how you can reap the benefits while reducing cloud bills . But before we do that, to get a holistic picture of the process, one needs to understand how most companies price their cloud computing service. Below mentioned key points would certainly help you in getting the answer to the big question, ‘ How to reduce cloud costs ’? The types of pricing Pricing is classified into fixed and dynamic pricing. The hallmarks of both these types of pricing are as follows: In fixed pricing the service provider states that a specific sum of money will be charged for a specific amount of usage. The various t...