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What is cloud cost monitoring and optimization?

Cloud cost monitoring and optimization is the process of tracking and managing the costs of using cloud resources, such as computing power, storage, and network bandwidth.

The objective is to minimize cloud waste and maximize the business outcomes of cloud computing.

Cloud cost monitoring involves tracking and analyzing the expenses associated with cloud computing resources and services.

Cloud cost optimization involves identifying ways to reduce costs while maintaining or improving the performance of cloud computing for the business.

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