Recent trends in Cloud Costing.
In a review of over 5000 VMs that were put through our cloud cost modeling tool, we distilled some interesting factoids:
- AWS costs were lowest across all the major clouds with the exception of custom templates in GCP (a relatively new entrant to the market)
- Clever pricing and services from AWS RDS and Google Cloud SQL makes it compelling to migrate on-premise databases to these clouds
- Microsoft and IBM offer enterprise license agreements and other discounts that obfuscate their published pricing. However, customers still like to do side-by-side cost modeling to have costing data to compare with their final costs
What makes a planning tool useful? Here is what a survey completed by 35 customers told us:
– discovers the on-premise environment,
– models costs for VMs in bulk,
– retains the on-premise cost-performance tuning to carry over to the cloud,
– suggests advanced cloud services such as load balancers, networking services, OS versions, etc.,
– stays currents with latest pricing and deals to show cost saving recommendations across all the mega clouds, and
– performs all these steps in minutes
We found this chart of cloud market share and revenue that we thought our readers may find interesting – you can read the original article here.