Using a cloud may enable a business to have more flexibility, but it also creates a new stream of costs. Every user of cloud platforms such as AWS is concerned about cost optimization. Today we will discuss three simple yet effective ways of saving money on AWS.

The worldwide public cloud services market is projected to grow 21.4% in 2018, to a total of $186.4 billion, up from $153.5 billion in 2017, according to industry analyst firm Gartner. Another renowned research company, IDC, projects that worldwide spending on public cloud services and infrastructure is about to reach $160 billion in 2018, which is an increase of 23.2% in comparison with 2017.

Everything looks promising; however, the ugly truth is that a vast amount of this spending is a total waste of money. And here is why...