Cloud computing has significantly changed how organisations manage their IT infrastructure and serve customers. In Australia, more organisations are turning to the cloud for their business needs, with public cloud spending expected to reach A$23.2bn this year, up 19.3% from 2023, according to Gartner. But, are you empowering your business with cloud technology, or are you overspending?
With Cloud computing offering greater flexibility, scalability, and cost-effectiveness, operating models can be adapted to support resources anywhere in the world. The move from traditional constraints of hardware, software and dedicated personnel has been liberating but this has also introduced the new challenge - managing cloud costs.
Public cloud spending to reach
A$23.3bn
in Australia in 2024
An estimated
70%
of businesses will use cloud platforms to accelerate their business initiatives.
Cloud is a top focus for CIOs.
79%
say it's their second largest new tech funding priority, after cybersecurity.
Source: Gartner
The cost of using Cloud services is determined by many factors, including; resource allocation, complex vendor pricing models, and data transfer.
The careful balancing act of resources can hugely impact performance, costs and downtime which is why it's important to understand each cloud computing investment.
Discover how Equal Experts can help you make better informed decisions on your cloud computing investments.
As technology estates continuously evolve, having a complete up-to-date and end-to-end view of the impact that various components have on hourly run costs can be extremely difficult to get to, with 59% of organisations seeing their cloud bills rise in the past year. With 31% of IT budgets being allocated to Cloud computing over the next 12 months it's important to get on top of these costs before they rise out of control.
With an Equal Experts Health Check we can help you understand your Cloud investments against your business outcomes, whilst evaluating your current Cloud estate and Cloud Infrastructure, services and Applications.
Reduced cloud spend by
35%
at a leading insurance provider.
Achieved
A$200,000
reduction in cloud costs for a key public sector department.
Slashed cloud costs by
66%
at a global telecommunications organisation.
With many Equal Experts clients and organisations now using both public and private Cloud services, our 10-day Cloud cost optimisation health check has been providing invaluable insights into the levers organisations can pull to reduce the overall operational costs.