Cloud Technology News of the Month: July 2021
The cloud scene is moving fast even when we’re all busy enjoying the summer. Here’s another portion of fresh cloud technology news at your doorstep.
This series brings you up to speed with the latest releases, acquisitions, research, and hidden gems in the world of cloud computing – the stuff actually worth reading.
The CNCF and the FinOps Foundation carried out a microsurvey to check how businesses manage Kubernetes and cloud costs today. They found that cloud and Kubernetes-related bills continue to grow – over 35% of respondents saw their bills jump to more than 20% during the last year!
At the same time, companies aren’t monitoring these costs with enough accuracy to make informed estimations and eliminate cloud waste.
While nearly 45% of surveyed businesses said their monitoring strategy relied on estimations, almost 25% admitted to having no monitoring in place – at the same time declaring that the ability to accurately predict their monthly bill before it arrives was “Very important.”
