AWS Users Waste Billions by Forgoing Discount Plans, Report Says

More than half of organizations that use the Amazon Web Services Inc. cloud don’t take advantage of savings plans, collectively wasting up to US$20 billion annually in cloud spending, according to a new study by ProsperOps Inc.

Customers appear to be wising up to cost-saving tactics. A recent report by Everest Group said savings plans and reserved instance adoption is expected to increase by 80% in the next three years.