Google Cloud announced Spanner, a fully managed database that eliminates the need for over-provisioning by decoupling compute and storage resources. Spanner's autoscaler leverages this separation between compute and storage to elastically adjust compute resources, all with zero downtime and negligible impact to latency. This type of dynamic scaling that adjusts compute capacity to align with workload demands helps ensure optimal performance without extra costs.

As a former IT engineer, I find Spanner's approach to cost optimization particularly interesting. The problem of over-provisioning is common in database management, often leading to wasted resources and higher costs. Spanner addresses this issue by providing an elastic compute model that can scale up or down as needed, ensuring resources are used efficiently.

One concrete example where Spanner can solve this problem is an e-commerce application that experiences a surge in database capacity demands during peak shopping seasons like Black Friday. With Spanner, the e-commerce application can seamlessly handle the traffic spikes without having to over-provision throughout the year. This would lead to significant cost savings while ensuring optimal performance during peak times.

Furthermore, Spanner's pay-as-you-go storage model is another valuable feature that simplifies cost management. By paying only for the storage used, businesses can avoid unnecessary costs associated with provisioning storage capacity in advance.

Overall, Spanner offers a compelling solution for businesses looking to optimize their database costs without compromising on performance or reliability. Its ability to scale automatically, separate compute and storage resources, and pay-as-you-go storage model make it an attractive option for businesses of all sizes.