👉 Spend computing is an innovative approach to managing and optimizing cloud computing expenses by leveraging artificial intelligence (AI) and machine learning (ML) technologies. It involves analyzing a company's historical spending patterns, cloud resource usage, and operational costs to predict future expenses and identify areas where costs can be reduced or optimized. By automating the process of cost analysis and providing actionable insights, spend computing enables organizations to make data-driven decisions, negotiate better pricing with cloud service providers, and ultimately achieve greater cost efficiency in their cloud infrastructure investments. This method not only helps in reducing unnecessary expenditures but also enhances overall resource utilization and operational effectiveness.
