Tech Companies Can Endure Recession If They Fix This One Neglected Cost Item

The global economy is experiencing a shift as investors move towards safer equities and venture capitalists lose interest in cash-burning startups. Tech companies that saw significant user base increases during the pandemic are now facing challenges due to rising prices and reduced consumer spending on rides or meal delivery services. Additionally, tech giants like Apple and Tesla are struggling with production issues in China due to pandemic-related lockdowns. Businesses have an opportunity to increase their gross margins by reducing cloud costs, which can make a significant difference immediately. Despite this, many companies continue to struggle with balancing cost and performance in the cloud, often resulting in wasted resources and missed discount opportunities. Specialized automation tools like CAST AI can help optimize cloud infrastructure and reduce costs without requiring additional engineering effort or upfront costs.