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All issuesVolume 321, Issue 4IT Vendor NewsFortinet

Facing Cloud Commitment Gaps? Fortiflex Is Your Holiday Stress Reliever

Fortinet News, Friday, December 27th, 2024

For organizations leveraging cloud deployments as part of their digital transformation footprint, the holiday season can mean much more than thinking about spending money on gifts.

Instead, for many, the holiday season signals that their minimum spend commitments are coming due, forcing them to make some tough trade-off decisions in the months ahead-and for some, mental preparation to face resistance from their CEO, CFO, and Board.

In an effort to reduce cloud costs-and to make them more predictable-many organizations (particularly enterprises) enter into agreements with cloud providers that lock them into minimum spend commitments on their platform(s) of choice. In exchange, these organizations receive a discount against their cloud infrastructure costs.

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