3 Best Tools and Practices to Optimize Cloud Cost

Businesses worldwide are migrating to the cloud, which has completely changed their IT infrastructures and the way they’re managed. While the fixed upfront costs are reduced with this approach, there are operational costs to consider.

With new cloud resources and features accessible in just a few clicks, managing the ever-increasing operational expenses can be challenging. This brings businesses to a crossroads.

Should they optimize costs or performance?

With the right tools and practices, you may be able to optimize both.

Be Proactive When It Comes to Instances

When you can’t actually see what you’re spending on, you’ll be spending a lot. Cloud makes it incredibly easy to splurge on virtual machinery that you can’t touch but think you need. And it’s just as easy to completely forget that it exists. But it becomes part of the cloud infrastructure, and you continue paying for it.

During development testing, your organization is likely to spend large amounts while ordering instances and perhaps the numerous on-demand IT services available. But it’s essential to keep track of these and identify instances that are not being used and remove them from the system.

Choose the Right Sized Computing Resources

If you’re using AWS, you might have noticed that there are more than 300 options available when it comes to instance types. Have you chosen the correct instance for your workload?

With the abundance of choice, it’s very easy to select the wrong instance size and pair up the wrong combinations of instances together. This basically results in a lot of inefficiencies. Because certain cloud computing resources you’ve paid for are just lying around, forgotten.

So, make sure you choose the right instance size and also proactively monitor it to adjust when needed for maximum utilization of your IT infrastructure.

Automate Where You Can

Automation is basically cloud cost optimization 101. Because here’s the deal: most of the inefficiencies are due to you forgetting to manage certain features. The longer you leave inefficiencies unattended, the more you’re paying for them.

But automation can help you with quickly addressing misconfigurations. In other words, you’re fixing problems as soon as they occur through cost optimization tools. It also makes your work easier; as an organization, automation helps you focus on other core aspects of cloud management.

If you’re still unsure how to manage and optimize cloud cost, your best bet is to invest in managed cloud services like the ones we offer in Princeton.

We are an AWS service provider, and we can also help you with cloud migration and consulting services in Princeton.

Get in touch with us at +1 540 999 8758 to learn more about what we offer.