According to Gartner, public cloud spending is estimated to increase by 20.4 percent to 678.7 billion US dollars by 2024.
A majority of businesses, whether startups, SMEs, or enterprises today are looking for viable cloud options to achieve agility, flexibility, and elasticity in their business operations. It helps them optimize cost efficiency, minimize IT dependency, and maximize operational efficiency.
A decade ago, the only feasible choice for businesses worldwide was the hyperscalers. However, over the past decade, a plethora of cloud providers have emerged, giving businesses the option to choose the right provider as per their business requirements, industry type, budget, and security considerations, among others.
Although the hyperscalers offer a pay-as-you-use pricing structure, there are some hidden costs you must know of to decide the best choice for your business.
In this ebook, we will discuss who hyperscalers are, why they have been dominating the cloud industry, some hidden costs you must be aware of, and the alternatives.
Who are Hyperscalers?
Hyperscalers are the cloud providers in the market, such as AWS (Amazon Web Services), Microsoft Azure, Google Cloud, and Oracle that have the ability to scale your IT infrastructure instantly.
Why Hperscalers are the Torchbearers of the Cloud Industry?
Hyperscalers have been the leaders in the cloud industry because of:
- Diverse Offerings
- Dynamic Scaling
- Security
- Flexibility
Decoding Hyperscaler Pricing Complexities
Gartner found that in a typical migration to a large public cloud provider, ROI was -171% after three years and only became positive seven years in.
We will discuss the various costs associated with the hyperscalers, such as
- Data Egress Fees
- Fixed Pricing Plans
- Transactional Charges
Download this ebook to get an in-depth understanding of the pricing complexities of hyperscalers, and help you choose the right cloud provider for your business.
