# CLOUD COSTS

## MORE THAN YOU THINK

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Confidence in managing cloud costs is declining.

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### 31%  
2021  
**Very Confident**

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## CLOUD COST OPTIMIZATION

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### 21%  
2022  
**Very Confident**

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### 15%

Cloud costs can quickly surpass on-premises when design falters.

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Inefficient resource usage, unmanaged resources, suboptimal architecture, and failure to leverage automation or discounts inflate expenses.

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**Not Confident**

Cloud solutions from business-minded experts

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## MAXIMIZING CLOUD DISCOUNT BENEFITS

Balancing benefits with upfront costs can be tough.

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### SPOT INSTANCES - 39%

Navigating complex cloud cost benefit plans requires understanding usage patterns and careful analysis.

### COMMITTED USE DISCOUNTS - 47%

### RESERVED INSTANCES - 52%

### SAVINGS PLANS - 42%

The evolving cloud landscape demands continual monitoring and adaptation for optimal cost efficiency.

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91% of cloud decision makers utilize cost-minimizing options:

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## ADOPTING A HOLISTIC APPROACH

Petabloc has achieved $10,000,000+ in year-over-year cost savings for our clients through advanced cost optimization solutions.

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Enterprises with a “mature” FinOps practice

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