How to Cut Cloud Costs

People leverage the cloud for many reasons. More often than not, the need to cut costs ranks high among them. And while the cloud does offer significant benefits that include cost-efficiency, some organizations have found out the hard way that this isn’t necessarily true as they scale. Cloud native infrastructures are complex entities that must be managed properly to scale cost-effectively. In this blog, we identify eight ways that can help your organization optimize its cloud usage.

#cloud-cost-management #cloud-computing #cloud-cost #cloud-cost-optimization #cloud

What is GEEK

Buddha Community

Multi-cloud Spending: 8 Tips To Lower Cost

A multi-cloud approach is nothing but leveraging two or more cloud platforms for meeting the various business requirements of an enterprise. The multi-cloud IT environment incorporates different clouds from multiple vendors and negates the dependence on a single public cloud service provider. Thus enterprises can choose specific services from multiple public clouds and reap the benefits of each.

Given its affordability and agility, most enterprises opt for a multi-cloud approach in cloud computing now. A 2018 survey on the public cloud services market points out that 81% of the respondents use services from two or more providers. Subsequently, the cloud computing services market has reported incredible growth in recent times. The worldwide public cloud services market is all set to reach $500 billion in the next four years, according to IDC.

By choosing multi-cloud solutions strategically, enterprises can optimize the benefits of cloud computing and aim for some key competitive advantages. They can avoid the lengthy and cumbersome processes involved in buying, installing and testing high-priced systems. The IaaS and PaaS solutions have become a windfall for the enterprise’s budget as it does not incur huge up-front capital expenditure.

However, cost optimization is still a challenge while facilitating a multi-cloud environment and a large number of enterprises end up overpaying with or without realizing it. The below-mentioned tips would help you ensure the money is spent wisely on cloud computing services.

• Deactivate underused or unattached resources

Most organizations tend to get wrong with simple things which turn out to be the root cause for needless spending and resource wastage. The first step to cost optimization in your cloud strategy is to identify underutilized resources that you have been paying for.

Enterprises often continue to pay for resources that have been purchased earlier but are no longer useful. Identifying such unused and unattached resources and deactivating it on a regular basis brings you one step closer to cost optimization. If needed, you can deploy automated cloud management tools that are largely helpful in providing the analytics needed to optimize the cloud spending and cut costs on an ongoing basis.

• Figure out idle instances

Another key cost optimization strategy is to identify the idle computing instances and consolidate them into fewer instances. An idle computing instance may require a CPU utilization level of 1-5%, but you may be billed by the service provider for 100% for the same instance.

Every enterprise will have such non-production instances that constitute unnecessary storage space and lead to overpaying. Re-evaluating your resource allocations regularly and removing unnecessary storage may help you save money significantly. Resource allocation is not only a matter of CPU and memory but also it is linked to the storage, network, and various other factors.

• Deploy monitoring mechanisms

The key to efficient cost reduction in cloud computing technology lies in proactive monitoring. A comprehensive view of the cloud usage helps enterprises to monitor and minimize unnecessary spending. You can make use of various mechanisms for monitoring computing demand.

For instance, you can use a heatmap to understand the highs and lows in computing visually. This heat map indicates the start and stop times which in turn lead to reduced costs. You can also deploy automated tools that help organizations to schedule instances to start and stop. By following a heatmap, you can understand whether it is safe to shut down servers on holidays or weekends.

#cloud computing services #all #hybrid cloud #cloud #multi-cloud strategy #cloud spend #multi-cloud spending #multi cloud adoption #why multi cloud #multi cloud trends #multi cloud companies #multi cloud research #multi cloud market

How to Cut Cloud Costs

People leverage the cloud for many reasons. More often than not, the need to cut costs ranks high among them. And while the cloud does offer significant benefits that include cost-efficiency, some organizations have found out the hard way that this isn’t necessarily true as they scale. Cloud native infrastructures are complex entities that must be managed properly to scale cost-effectively. In this blog, we identify eight ways that can help your organization optimize its cloud usage.

#cloud-cost-management #cloud-computing #cloud-cost #cloud-cost-optimization #cloud

What are the benefits of cloud migration? Reasons you should migrate

The moving of applications, databases and other business elements from the local server to the cloud server called cloud migration. This article will deal with migration techniques, requirement and the benefits of cloud migration.

In simple terms, moving from local to the public cloud server is called cloud migration. Gartner says 17.5% revenue growth as promised in cloud migration and also has a forecast for 2022 as shown in the following image.

#cloud computing services #cloud migration #all #cloud #cloud migration strategy #enterprise cloud migration strategy #business benefits of cloud migration #key benefits of cloud migration #benefits of cloud migration #types of cloud migration

How Cloud Technology Reduces your App Development Cost? - TopDevelopers.co

Learn about the positive impact of cloud computing on mobile app development, and how Cloud Technology will help reduce your app development cost.
Organizations need to understand that cloud technology is pretty much necessary to maintain continuity. With truncated costing, even the bootstrapped start-ups can afford advanced level mobile app development and expand their business rapidly. Even the leading mobile app developers would prefer cloud computing for developing better solutions.
Cloud computing is the flamboyance that you need to take your business ahead as it helps you correctly structure mobile app development.

#cloud technology reducing app development cost #cloud computing service providing companies #impact of cloud computing #cloud technology #cloud computing #cloud computing

Improve Your Cost Management with AWS Saving Plans

The adaptability and flexibility of today’s cloud services present a lot of opportunities to cut infrastructure costs. Amazon Web Services and its plethora of services let you set up any kind of cloud environment for any type of application, without forcing you to make long-term commitments. At the very least, you don’t have to make a big initial investment to set up your cloud environments.

AWS resources are designed to make deploying cloud-native applications easy and affordable. Affordability is always important for businesses because cost-efficient applications guarantee higher returns on cloud investment. The way AWS services are set up allows for easy scaling of apps and cloud resource usage, but keeping your cloud environment efficient is not without its challenges.

#aws #amazon web services #cost #cost optimization #cost analysis #cost management #cost analytics #aws costs