What are the most common mistakes companies make in cloud cost optimization?
Some common mistakes include not monitoring usage, over-provisioning resources, and neglecting to use reserved instances.
Can you explain why over-provisioning is a mistake?
Over-provisioning leads to unnecessary costs as companies pay for more resources than they actually need, wasting budget.
What tools can help with monitoring cloud costs?
Tools like AWS Cost Explorer, Azure Cost Management, and Google Cloud's Billing Reports can help track and optimize costs.
How often should we review our cloud spending?
It's recommended to review cloud spending at least monthly to identify trends and adjust resources accordingly.
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