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: 2024-04-26T15:30:03+00:00
Duration: 56 s
Channel: Mike Austin
Description: Mike Austin breaks down why storage gets ignored in cloud bills despite eating 15 to 40 percent of spend. On a $100,000 monthly bill, that's $15,000 to…

26 Apr 2024 · 1 min

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Mike Austin breaks down why storage gets ignored in cloud bills despite eating 15 to 40 percent of spend. On a $100,000 monthly bill, that's $15,000 to $40,000 going to storage alone. He's analyzed over $100 million in cloud spending and found storage consistently ranks in the top four expenses.

Questions this video answers

15%

40%

$15,000 to $40,000 per month

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 it 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.