Cloud cost management tools are a relatively new creation. Just a decade ago, the cloud was pitched as saving us the hassle of bidding, installing, and maintaining our own hardware. Prices per hour were specified in pennies. How could anything go wrong?
What we’ve come to find is that all those fractions of a penny can pile up into a number that breaks the budget. Cloud cost management platforms are here to help, tracking all the bills and allocating them to the various teams responsible for their accumulation. That way the group that added too many fancy features that need too much storage and server time are going to have to account for their profligacy. The good programmers who don’t use too much RAM and disk space can be rewarded.
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Source: News