Businesses are increasingly interested in cloud economics. For instance, what are the financial implications of moving to the cloud versus staying on-premises? And what’s the best strategy for optimizing cloud consumption to get the best value from cloud resources? In this guide, we’ll look at some of the key concepts of economics in cloud computing, and how your business can leverage cloud cost intelligence to maximize the value of your cloud investment.

AWS ALB was developed to simplify the management of modern web traffic while enhancing application scalability, security, and performance. And like any other AWS service, understanding AWS ALB pricing is essential for managing cloud costs effectively. This guide offers a comprehensive overview of AWS ALB, detailing its key use cases and pricing structure.

The cloud offers on-demand computing resources, the ability to increase or reduce usage as needed, and the flexibility to pay only for what you use. But if you’ve been building on the cloud for some time, you know that the last part isn’t exactly straightforward. For example, leaving aggressive product features, engineering sessions, or testing projects unchecked can quickly waste thousands, even millions of dollars in a matter of days.

Republicans and Democrats don’t agree on much, but when it comes to generative AI, they’ve managed to find 32 billion points of agreement. On May 15, a bipartisan group of senators unveiled a roadmap that would have the U.S. government spending $32 billion annually by 2026 to drive AI-related innovation. The U.S. isn’t alone; AI spending in India is growing at an annual average rate of 31.5%, and will exceed $5 billion by 2027.

Small and medium-sized enterprises (SMEs) play a crucial role in Australia's economy. Despite this, they face significant challenges in the current economic climate, including rising costs, higher interest rates, and the need to stay competitive in a rapidly-evolving digital market. For these businesses, cutting expenses is the top priority, closely followed by enhancing the digital customer experience.

According to Amazon, EC2 Spot Instances can save you up to 90% of your spending on On-Demand Instances. It’s been proven that Reserved EC2 instances are cheaper than On-Demand ones. But, Spot Instances can offer even bigger discounts. Despite these cost benefits, Spot Instances have many caveats that make them unsuitable for some operations and processes. Even Amazon emphasizes this. Although this EC2 can save you a lot of money, some situations are best for On-Demand or Reserved Instances.

In recent years, cloud financial management has evolved beyond what many cloud stakeholders anticipated. The overwhelm has led too many companies to struggle to accurately monitor, allocate, and optimize their cloud costs. This issue cost companies about 30% of their cloud budgets in 2022 alone, according to Gartner. With FinOps, you can prevent this bleeding without sacrificing innovation. Yet, taking a manual approach to FinOps can be inefficient and error-prone.

June was a hot month — both in terms of the temperature in North America and because of the FinOps news that has been rolling down the pipeline! (Around here, there’s always excitement in the air when a major FinOps event goes off without a hitch.)

As announced in June, the VMware Tanzu CloudHealth team has been hard at work reimaging and engineering a brand new CloudHealth user experience. We unveiled this live for the first time at FinOps X in San Diego, and were so encouraged to see the excitement and positive feedback from this first look.

As an engineer or CTO, you already know that monitoring your tech stack is essential for maintaining optimal performance, security, and health. The thing is, building and hosting an observability platform for your full stack’s logs, metrics, and more is quite time-consuming and can be costly. One of the top contenders if you are seeking a SaaS-based monitoring and observability tool is Datadog. Perhaps you already use Datadog but would like to switch to another observability platform.