Driving business value by optimizing the cloud

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At the same time, hosted services like generative AI and tailored industry solutions can help companies quickly launch applications and grow the business. To get the most out of these services, companies are turning to cloud optimization—the process of selecting and allocating cloud resources to reduce costs while maximizing performance.

But despite all the interest in the cloud, many workloads remain stranded on-premises, and many more are not optimized for efficiency and growth, greatly limiting the forward momentum. Companies are missing out on a virtuous cycle of mutually reinforcing results that comes from even more efficient use of the cloud.

Organizations can enhance security, make critical workloads more resilient, protect the customer experience, boost revenues, and generate cost savings. These benefits can fuel growth and avert expenses, generating capital that can be invested in innovation.

“Cloud optimization involves making sure that your cloud spending is efficient so you’re not spending wastefully,” says André Dufour, Director and General Manager for AWS Cloud Optimization at Amazon Web Services. “But you can’t think of it only as cost savings at the expense of other things. Dollars freed up through optimization can be redirected to fund net new innovations, like generative AI.”

This content was produced by Insights, the custom content arm of MIT Technology Review. It was not written by MIT Technology Review’s editorial staff.

This content was researched, designed, and written entirely by human writers, editors, analysts, and illustrators. This includes the writing of surveys and collection of data for surveys. AI tools that may have been used were limited to secondary production processes that passed thorough human review.

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