Mike AustinFounder & CEO, Metrixdata 360 Inc. · Mike Austin | Helping enterprises take control of software costs through data, strategy, and relentless execution

Clearing the Clouds: Lucidity in Storage Optimization

Name: Clearing the Clouds: Lucidity in Storage Optimization
Uploaded: 2024-03-22T15:00:15+00:00
Duration: 57 s
Channel: Mike Austin
Description: Mike Austin breaks down why storage gets ignored in cloud budgets even though it eats 15 to 40 percent of monthly bills. On a $100,000 bill, that's…

22 Mar 2024 · 1 min

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0:57

Mike Austin breaks down why storage gets ignored in cloud budgets even though it eats 15 to 40 percent of monthly bills. On a $100,000 bill, that's $15,000 to $40,000 going to storage alone. He's analyzed over $100 million in cloud spend recently across AWS, Google, and Azure.

Questions this video answers

15%

40%

Between $15,000 and $40,000

Over $100 million (over the last six to eight months)

Chapters

So if you look at it inside a cloud spend, whether again, whether it's aws, whether it's Google, or whether it's Azure, storage is a line item that is often overlooked. Okay. But the things that I want you to remember is that storage cost anywhere we say the low end, 15%. We've seen storage be as much as 40%. So in other words, if I have $100,000 a month AWS bill, my storage could be anywhere between $15,000 and $40,000 of that. So this is a significant portion of our monthly cloud bills. In fact, when I analyzed about I've analyzed over $100 million of cloud spend over the last six or eight months, and it is the number one, two, three or fourth biggest line item expense in your cloud bills. SA.