Optimizing cloud costs for sustainable growth & maximum RoI

Businesses worldwide are rapidly adopting cloud-enabled technology. Cloud computing’s scalability, flexibility, and cost-effectiveness, the fast growth of cloud-native technologies, rapid digitalization, growing internet, and mobile device adoption, the increase in the use of big data, and advancements in AI and ML are key factors fueling the cloud market’s growth.

According to Precedence Research, the global cloud services market size, calculated at US$ 721.87 billion in 2025, is forecasted to reach around US$ 2,726.94 billion by 2034, accelerating at a CAGR of 16.00% from 2025 to 2034.

Cloud cost optimization enables a reduction in the overall costs of cloud computing services while enhancing cloud performance

However, as cloud adoption increases rapidly, managing and optimizing costs has become a significant challenge. The “State of Cloud Usage Optimization 2024” survey reveals that companies lose billions in cloud waste each year, driven by preventable mistakes, manual processes, a ...