Cloud Technology is supposed to reduce overall IT infrastructure costs. If it is not doing it, you have to check these proven methods to keep the cloud cost under control
Less Is More: Utilizing Ballerina to Architect a Cloud Data Platform
5 ways to keep cloud cost under control
1. 5 Ways To Keep Cloud
Cost Under Control
Proven Methods
2. What Do You
Expect From
Cloud
Technology?
Cloud Technology is all about
convenience, security, speed, agility, and,
most importantly, Cost Savings. Cloud
technology is supposed to reduce the
overall IT infrastructure cost.
On the contrary to this, many enterprises
complained to have higher cloud clots
bill resulting in overspend.
3. Burning Facts
About Cloud
Wastage
• Adobe software development team in
the year of 2018 incurred $80,000 a day
in unscheduled cloud operations, which
finally exceeded the entire cloud cost bill
to half a million dollars.
• Adobe is not alone in this category.
There are several enterprises surprised
because of the unforeseen cloud bills. As
per a report, almost 60% of enterprises
outspend their dedicated or planned cloud
budgets.
4. 1 - Estimate
Before You
Begin Cloud
Journey (Use
Cloud Cost
Calculators)
We all love surprises, only when it is not in
your bills. If you want to avoid the
unforeseen cloud cost bills, you should start
by adequately estimating your cloud
services.
Most cloud vendors provide free cloud cost
calculators, where you can get the
customized estimate of your cloud usage
based on your requirements.
5. 2 - Choose
The Right
Region
The operations costs of the cloud vendors differ
from region to region. Depending on the
geographical region, most of the enterprises price
their services. For instance, it might be cheaper to
store your rarely accessed data in the remote
storage regions.
6. 3 – Avoid
Cloud Wastage
Wastage is always detrimental to progress.
Cloud wastage refers to a situation wherein
enterprises deploy resources more than they
require. This action results in idle assets
incurring huge costs. Get more information
about how to avoid cloud wastage, read our
blog, ‘How To Avoid Cloud Wastage’.
7. 4 – Dynamic
Cloud
Monitoring
Would you like to be charged for idle
resources? Due to a proper and dynamic
cloud monitoring system's unavailability,
enterprises fail to track and close the
orphaned resources. Orphaned resources
are the biggest contributors in the Cloud
wastage. Ignoring cloud monitoring will cost
you huge.
8. 5 - Have you
heard about
Auto-scaling?
Auto-scaling is a feature offered by cloud
vendors to allocate the resources based on the
demand automatically. Most of the cloud
vendors provide this feature. With this feature,
your resources will be automatically allocated
during the peak hours and reduced when the
resource is not required, i.e., no idle resources.