“Moving to the cloud will save you money.” This statement is almost always assumed true when comparing application hosting (IaaS), backup (BaaS), and disaster recovery (DRaaS) in the cloud to the significant costs associated with owning, operating, and maintaining a traditional datacentre.
But when evaluating costs across multiple cloud providers, especially hyperscale clouds like Amazon, Azure, and Google, a new set of cost levers need to be considered to realize the best combination of cost and performance that meets the needs of your specific business and application needs.