<ul><li>Complex Billing Structures: Understand the intricacies of pricing models from different cloud providers. Simplify the process by utilizing tools that consolidate billing data for easier analysis.</li><li>Unified Visibility is Essential: Lack of centralized cost visibility can lead to overspending. Leverage cloud management platforms that provide a single-pane-of-glass view into multi-cloud expenses.</li><li>Standardized Resource Management: Define consistent resource types, architectures, and configurations across clouds to reduce inefficiencies and optimize utilization.</li><li>Avoid Vendor Lock-In Without Sacrificing Efficiency: Mitigate lock-in risks by using cloud-agnostic automation tools and frameworks to maintain portability and control costs effectively.</li></ul>

Why there is an increased need for Multicloud Cost Governance with increasing cloud adoption?

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