Businesses often keep running the workloads in the cloud until a sky-scraping bill comes due and there is no way to track expenses continuously. Here are a few tips to optimize the cost of bills without compromising on the service
Fremont, CA: No doubt cloud computing has become the need of the hour for almost all businesses and as running workloads on the cloud is quite easy. The cost effective running of businesses is the major challenge the sector faces at present. Every company desires to optimize cloud costs without sacrificing performance or reliability.
Usually, the cloud providers do not help any businesses to optimize the expenditure, and why will they? Though they offer some prediction and cost monitoring tools, they don't help finding and under-utilized service. Also, it is quite easy to run workloads in the cloud as it is a matter of just a few clicks. Being so handy, businesses often keep running the workloads in the cloud until a sky-scraping bill comes due. Moreover, there is no way to track expenses continuously to identify the spikes in the cost quickly.
Here are a few tips to optimize the cost of bills without compromising on the service.
Opt for Pay-per-use Service
Usually, businesses pay on an ongoing basis for any workload that is running on the cloud, even though they aren't using it regularly. Cloud providers charge a monthly per-gigabyte fee for cloud storage irrespective of actual uses. Many businesses don't know there is an exception to it. Some services require only paying for the time for what workload is fully active. For e.g. in serverless computing, one can upload code to the cloud, and that will be executed only when the customer, or business in this case, actually demands, and charges are levied only for the time when the code is actually running.
Use Third-party Cost Monitoring Tools
Most cloud vendors do not give businesses the option to spend less on their platforms, except third-party companies. Third-party vendors monitor the cloud workloads of the company through their monitoring tools and identify unused resources such as databases not attached to any application. They can even make recommendations on the 'right-size' of the workload. Tools like Cleanshelf and Cloudability are designed explicitly for cloud cost optimization and computing.
Spread Cloud-cost Awareness
The cloud cost optimization must be made the cultural priority in the organization. Employees who launch or maintain workloads in the cloud must be instructed to avoid unnecessary cloud expenditures.
See also: Top Cloud Solution Companies