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All issuesVolume 306, Issue 2IT NewsCloud

Cloud Budgeting For A Multi-Cloud Strategy

search cloud computing, Monday, September 11,2023

A multi-cloud strategy can quickly become costly, especially with different providers. What you need is a cloud accountant to control the budgeting and billing processes.

In today's world, the cloud isn't simply a service IT teams can use -- it's the only service they use for some key applications. As a result, many companies have moved into the cloud space as the applications they need dictate it. These moves have, inherently, imposed a multi-cloud strategy on many companies.

Enterprises that have multiple vendors for cloud services need to consider a range of factors, including how to work with different vendors, as well as how to budget and assess costs of products and features. While multi-cloud budgeting can quickly become complex, IT teams can ease the process by defining who needs to be involved and how the budget should be set up.

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