Cloud Cost Optimization | The Soaring Cloud Cost and Inefficiency Landscape

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The cloud offers agility and innovation, with promises of performance optimization, security, operational excellence, reliability and most importantly, cost optimization. The experience of most organisations is, however, a near perfect opposite. The reason for the bad experience is largely the large-scale inefficiencies in the Cloud customers’ workloads: poor practices, architecting and engineering.

Cost readily provides the lens to estimate the level of inefficiencies in the usage of the Cloud: Recent surveys (Gantner, 2023, Forbes 2023) indicate that 30% of cloud spend is wasted, a whopping $147 billion of waste. Those are wastes arising from over-provisioned resources to unused or underutilised instances. When bad application-level architecture is factored in, the waste is well over 70% by our estimates and from experience working with Cloud customers of all sizes and industries.

How much is your organization contributing to this waste? These statistics is for an urgent call to organisations to identify and eliminate wastes. The wastes are not only real, they are a huge threat to organisations’ competitive strength and continued survival. This is very apparent as most organisations are actively discussing the urgent need for cloud cost reduction with the CTOs.

Qucoon, a trusted partner for efficiency in Cloud computing and software engineering, hereby invites you to have a free Cloud assessment workshop that will help uncover your Cloud wastes through a detailed analysis of cost drivers and optimisation opportunities. We will provide recommendations for cost-saving adjustments to your deployment architecture, and application architecture if your software engineers are available. Join our long list of customers who are benefiting from large-scale cost reduction and performance optimization of the Cloud infrastructure.

Register here for this exclusive event.

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Sam Wakoba
Based in Nairobi, Kenya, Sam Wakoba is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba