Cloud Cost Management

Cloud Cost Management involves monitoring, controlling, and optimizing expenses related to cloud computing services. As organizations use resources like servers, storage, and applications hosted online, costs can fluctuate based on usage. Managing these costs ensures companies pay only for what they need, avoid wastage, and improve budget planning. It includes practices such as tracking spending, analyzing usage patterns, setting budgets, and implementing policies to prevent overspending. Effective cloud cost management helps maximize investment in cloud technology while maintaining financial efficiency and agility.