We know that by running your IT resources on the cloud, this allows your business to be agile, more efficient and more cost-effective. If your business quickly needs access to more resources, it can scale quickly in the cloud. On the other hand, if it needs to reduce resources, it can do so just as easily. Due to this scalability, the cloud’s elasticity is often compared to that of an elastic band (see our last blog post image!). But one question that we want to answer is, how do you reduce your EC2 costs with AWS?
According to Verizon’s recently released State of the Market: Enterprise Cloud 2016 report, 87% of enterprises are trusting the cloud with at least one mission critical workloads, up from the 60% in 2013 and 71% in 2014.
In addition to the growth of cloud used for critical workloads, it is growing for general use as well. Of those surveyed for the report, 84% said their cloud use had increased over the past year. Also, around half of the companies said they’ll be using cloud for 75% of their workloads, or more, by 2018.