Managing cloud spend to cut costs and increase business productivity
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The document discusses the reasons for escalating cloud costs, such as unused services, poor vendor selection, and overprovisioning. It offers strategies for reducing cloud expenses, including identifying unattached resources, rightsizing services, and utilizing reserved and spot instances. The goal is to enhance business productivity while managing and minimizing cloud spending.
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Managing cloud spend to cut costs and increase business productivity
- 1. Managing cloud spend to cut costs and increase business productivity www.nuvento.com
- 2. Why cloud escalations happen • Availing services businesses won't use increases spend • Choosing a vendor without comparing vendor costing • Not understanding offering possibilities and paying to maintain systems • Deploying cloud solutions within teams without IT intervention • Running services when not in use
- 3. • Overprovisioning large compute instances instead of necessary medium or small ones • Choosing standard configuration without considering reserved or spot instances • Using the services of multiple vendors increases complexity • Unnecessarily storing data for longer than required • The complexity of vendor cloud services billing
- 4. Where you can save cloud costs Compute instances Compute instances Compute instances Overprovisioned instances Idle instances High-cost instances Accumulate unattached volumes Old snapshots Expensive storage options
- 5. How to reduce your cloud bills • Identify unused or unattached resources • Rightsizing services • Finding idle instances and consolidating into fewer instances • Using heatmaps for easily establishing start and stop time • Investing in reserved instances • Using spot instances for quick termination tasks
- 6. Thank You