Whitepaper 'FinOps and cost management for Kubernetes'
Please consider giving OptScale a Star on GitHub, it is 100% open source. It would increase its visibility to others and expedite product development. Thank you!
Ebook 'From FinOps to proven cloud cost management & optimization strategies'
OptScale — FinOps
FinOps overview
Cost optimization:
MS Azure
Google Cloud
Alibaba Cloud
OptScale — MLOps
ML/AI Profiling
ML/AI Optimization
Big Data Profiling
Acura — Cloud migration
Database replatforming
Migration to:
MS Azure
Google Cloud
Alibaba Cloud
Public Cloud
Migration from:
Acura — DR & cloud backup
Migration to:
MS Azure
Google Cloud
Alibaba Cloud

How do companies deal with hybrid and multi-cloud management?

Hybrid cloud is a foundation of modern IT infrastructure and it’s becoming mainstream in terms of efficiency, security and scalability. Nevertheless, companies are struggling with a wide range of challenges occurring after the implementation of hybrid cloud infrastructure. Unpredicted cloud bills, idle and underutilized resources are main topics of conversation for the majority of IT departments.

1. Which cloud can provide a highly performed environment?

For an optimal hybrid cloud environment, companies should select the right public cloud platform for their unique purposes. Many established organizations typically prefer to utilize the unique capabilities of several different, popular vendors of the likes of; Amazon Web Services, Microsoft Azure or Google Cloud Platform.

Hystax conducted a survey in early 2020. The results of the survey shed light on some important statistics regarding public cloud usage, as follows:

  • The majority of respondents (73%) use AWS
  • The second two most popular providers are Azure at 49% and GCP at 31%
  • IBM сloud is used by the fewest number of respondents at just 5%

In addition, 68% of respondents declared their unwillingness to migrate to another platform, suggesting that three main public cloud providers maintain their leadership on the market.

Not only was saving money taken into account. Service and workload alignment of vendor offerings to business requirements, are certainly among the main points to focus on. Security, mobility, SLA provisions, and availability level appropriate for the company, must all be taken into consideration to ensure that a particular vendor is a good fit for any given use case.

2. What is the best way to avoid budget wastage?

There are multiple solutions that help IT managers to keep all the cloud spends under control.
Companies tend to use the following:

  • Cloud console
  • API
  • Scripts

When we asked respondents to estimate effectiveness of all these tactics, the average mark was 3.67 out of 5. In the majority of cases, the process of cloud governance and cost optimization is still time and resource consuming, and CTOs and VPs of Engineering are not totally satisfied with the results of the current resource provisioning scheme.

The most simple and straightforward way to overcome that problem and meet tough requirements of IT budget governance is a third party cloud management platform, which is usually presented in a SaaS form. But only 25% of companies use it, while others are still struggling and wasting their budget.

3. What is an average cloud billing variation and its reasons?

One of the challenges to overcome after a hybrid cloud setup is the various forms of pricing. The billing reports or reconciliation files that companies receive from their vendors have different formats. Therefore, bringing these forms together to track, understand and optimize is a monthly obstacle for IT managers. Combine that with the tag-based resource provisioning schemes that most companies tend to utilize and the complexity of the budget and resource governance increases significantly. As a result, many hybrid cloud users receive blind cloud management, overspends, and budget wastage of up to 35%.

Only about 30% of IT managers are aware of all the upcoming cloud bills and could control their spendings. However, cloud bill variation is a permanent problem for ⅓ of IT managers. The opportunity to receive reliable monthly or even weekly cloud budget forecasts can significantly improve the understanding visibility of resource consumption and necessary budgets.

4. Where can I find the latest updates on industry trends?

With a focus on cloud management, cost optimization and provisioning, Hystax polled executives across an array of industries to seek out current trends, mentalities, and results as they pertain to trends impacting cloud adoption, future cloud plans, cost optimization.

For a deeper dive into the industry benchmarks, trends and best practices of cloud adoption and hybrid cloud management, mentioned above, plus many more trends and insights, feel free to download our comprehensive survey report, including key insights uncovered from the 125+ executives surveyed.

Enter your email to be notified about new and relevant content.

Thank you for joining us!

We hope you'll find it usefull

You can unsubscribe from these communications at any time. Privacy Policy

News & Reports

FinOps and MLOps

A full description of OptScale as a FinOps and MLOps open source platform to optimize cloud workload performance and infrastructure cost. Cloud cost optimization, VM rightsizing, PaaS instrumentation, S3 duplicate finder, RI/SP usage, anomaly detection, + AI developer tools for optimal cloud utilization.

FinOps, cloud cost optimization and security

Discover our best practices: 

  • How to release Elastic IPs on Amazon EC2
  • Detect incorrectly stopped MS Azure VMs
  • Reduce your AWS bill by eliminating orphaned and unused disk snapshots
  • And much more deep insights

Optimize RI/SP usage for ML/AI teams with OptScale

Find out how to:

  • see RI/SP coverage
  • get recommendations for optimal RI/SP usage
  • enhance RI/SP utilization by ML/AI teams with OptScale