Company
Date Published
Author
Laurent Gil
Word count
723
Language
English
Hacker News points
None

Summary

The cloud can be a significant financial risk for modern organizations, with costs often exceeding 80% of total revenue. This is due to the unpredictability of public cloud spend, which can result from factors such as reserved instances and vendor lock-in. The complexity of pricing models also contributes to this issue, making it challenging for companies to accurately forecast their expenses. However, there are solutions available that can help organizations reduce their operating costs and gain control over their resources without additional engineering efforts.