1、More for less:Five ways to lower cloud costs without destroying valueCompanies can often find significant savings in their cloud programsif they know where to look.November 2022 Getty ImagesThis article is a collaborative effort by Abhi Bhatnagar,Bailey Caldwell,Dany El Khoury,Wasim Lala,Deepa Mahaj
2、an,Abdallah Saleme,Mike Stefanelli,and Konstantin Tyrman,representing views from McKinsey Technology.Cost pressures are coming,and its not clear whether most companies cloud programs are ready.With the macroeconomic environment becoming increasingly challenging and company leaders looking for ways t
3、o achieve higher business resiliency,CIOs and CTOs can expect uncomfortable questions about the costs of their cloud programs.While cloud is able to generate substantial value when done right,many companies weve observed have seen their cloud spend grow as much as 20 to 30 percent each year.Without
4、being more sensitive to costs and responsive to the economic pressures that companies are feeling,CIOs may soon find their cloud programs on the chopping block.That would be an enormous pity and a huge setback for most companies competitive aspirations.Through a targeted set of practices,however,tec
5、hnology leaders can quickly cut as much as 15 to 25 percent of the costs of their cloud programs while preserving their value-generating capabilities.Following are five things to help tech leaders get on that path.1.Stop unhealthy growthCloud cost increases can reflect healthy growth,such as growth
6、in the user base,increased digital adoption,and the development of new digital capabilities.In many cases,however,those same cost increases also hide“unhealthy”growth due to poor stewardship,such as provisioning more resources than required,or immature consumption practices,such as forgetting to shu