If I noticed an increase in cloud-based storage costs without a corresponding increase in value, my first step would be to investigate the cause of the cost increase. This could involve looking into usage patterns, service levels, and any other factors that may have contributed to the rise in costs. Once I identified the root cause, I would then work with stakeholders to develop strategies for reducing or eliminating the issue.
For example, if the increased costs were due to inefficient resource utilization, I would look into ways to optimize our cloud infrastructure such as implementing auto-scaling or right-sizing resources. If there was an issue with service level agreements, I would review the contracts and negotiate better terms with vendors. Finally, I would monitor the situation closely to ensure that the changes had the desired effect and that the costs stayed within budget.
