Cost Management in Cloud Services for Business
C. Gopalakrishnan, S Vinoth, Geeti Sharma, Pujari Sudharsana Reddy · 2025
The critical function that cost management plays in cloud computing for modern businesses, with an emphasis on the requirement for efficient strategies to maximize operational efficiency and minimize expenses. As more and more businesses move their operations to the cloud, cost management becomes increasingly important for preventing excessive spending and ensuring the organization's continued financial viability. There are a number of important strategies, one of which is the utilization of monitoring and optimization tools that produce real-time insights into the utilization of resources. This highlights the significance of auto-scaling and scheduled resource shutdowns in order to dynamically manage resources in accordance with demand, thereby reducing expenditures that are not particularly necessary.