Need to take some quick action to control cloud costs, but don’t know where to begin? We’ve got you covered with our Three Pillars of Cost Control series.
From AWS to GCP to Azure, we’ve seen an incredible amount of innovation, advancements and releases in the cloud space in 2018. Developers and companies can do more than ever with the cloud, but it also means that the cloud space is getting more and more complicated. All that complication makes it easier to lose track of where your cloud spend is going, resulting in costs that can come as a shock when you get the bill.
This is where cloud cost management and cost optimization come in. As cloud begins to take up a larger and larger part of the budget in companies and enterprises, these practices become an essential part of business. Implementing these practices requires building a cloud cost culture that empowers the whole company to take charge of their cloud spend. The results are well worth it: Cloud spend can drop by more than 30%. In our experience, companies turn those savings around to invest in innovations that become key market differentiators.
A culture of cloud cost management and cost optimization can give your company the fuel it needs to succeed in a changing marketplace. But this sort of change doesn’t happen overnight. It takes the right strategy and careful execution. In the meantime, you still need to do something to control your cloud costs.
Which is why we’ve put together the Three Pillars of Cost Control series:
- Part 1: Rightsizing Cloud Services
Make sure you’re using the right services for your needs and eliminate waste with rightsizing actions.
- Part 2: Maximizing Cloud Vendor Discounts
Cloud providers offer various discounts, such as Reserved Instances on AWS, and using them correctly can make a big dent in your spend.
- Part 3: Automating Elastic Computing
Don’t waste your cloud investments on instances you’re not using. Automate tasks to turn them off, such as spinning down test environments over the weekend.
These three areas are great places to start and get some fast results lowering your cloud spend. Best of all, they can all be done using Cloudability for insights, recommendations and automation.
It’s time to start taking control of your cloud costs!