The digital age has ushered in many opportunities, but with it comes the challenge of managing costs, especially in cloud computing. As businesses increasingly migrate to the cloud, the need for cost-effective strategies that maintain performance becomes paramount.
During the Covid-19 pandemic, many organisations jumped head first into the cloud. Different business units began sourcing applications and their cloud infrastructure independently. It was like everyone in a family shopping for groceries without a list. Now, centralised IT teams are realising there's significant wastage due to this lack of coordination.
Let's dive into some strategies that can help you strike the right balance:
Design for Cost:
When architecting solutions, always have cost in mind. This doesn't mean cutting corners but rather making informed decisions that provide value without unnecessary expenses.
Measure, Monitor, & Optimize:
Just as you'd regularly check your car's mileage to ensure it's running efficiently, it's crucial to monitor your cloud usage and costs consistently.This helps in identifying and rectifying inefficiencies. Make use of the cloud's flexibility: suspend resources during non-productive hours like nights and weekends, and routinely assess to delete any unused resources. By doing so, you manage and optimize your cloud operations effectively.
In conclusion, optimising costs on the cloud without compromising performance is a delicate balancing act. But with the right strategies in place, it's entirely achievable. Remember, it's not just about cutting costs; it's about making smart decisions that align with your business goals. So, the next time you look at your cloud bill, think of these strategies and make your cloud journey efficient and effective.
References:
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