Roughly 35 percent of cloud computing spending is wasted via instances that are over provisioned and not optimized, according to RightScale, which manages multiple services such as Google Cloud and Amazon Web Services.
The data, compiled through RightScale's cloud cost optimization service, boils down like this:
SEE: Cloud computing policy template (Tech Pro Research)
RightScale's data is notable and worth mentioning along with the concept of serverless services such as AWS Lambda. While those managed services may be more expensive on the surface, the efficiencies gained could be worth it.
Bottom line: Enterprises need to pay more attention to governance, utilization management, scheduling, autoscaling, storage policies and reserved instance planning.
TechRepublic: How Amazon is planning for the second decade of the cloud revolution