What is cloud cost management?
What is cloud cost management? Cloud cost management (CCM) is essential for organizations looking to harness the power of the cloud without succumbing to its potential financial pitfalls. With the shift towards cloud-based operations accelerating, the need to manage the associated costs has never been more critical. The scope of CCM is broad, covering several key areas such as cost visibility, budgeting, forecasting, cost optimization, and governance.