Description: The ‘Unmet Demand’ refers to the situation where the demand for resources exceeds the available supply, which can lead to inefficiencies and additional costs in resource management. In the context of cloud computing and resource optimization, this situation becomes critical as organizations seek to maximize their use of resources while minimizing expenses. Unmet demand can arise for various reasons, such as unexpected growth in workload, inadequate capacity planning, or lack of visibility into resource usage. This discrepancy between demand and supply can lead to underutilization of existing resources or the need to acquire additional resources at a high cost. Therefore, it is essential for companies to implement monitoring and analysis strategies to identify usage patterns and anticipate future demand, thus allowing for better alignment between resource supply and operational needs. Effective management of unmet demand not only helps optimize costs but also improves operational efficiency and customer satisfaction by ensuring that resources are available when needed.
