The Five Pillars of Cloud Cost Optimization: Why They Matter & How to Apply Them
The companies in the modern day world are cognizant of the reality that the utilization of clouds is linked to the challenge of agility as well as cost. Without a disciplined approach, cloud bills can go out of control. There is Cloud Cost Optimisation of five pillars. These pillars act as a guideline whereby organisations achieve the performance, flexibility and financial performance. In CMARIX, we have noticed that these systematic approaches to the work allow the teams to develop on a sustainable basis and provide the physical business contribution. Pillar 1 - Rightsizing Definition Rightsizing means the act of matching the resources (compute, storage, data bases) to the actual work load requirement, but not over-provisioning. Benefits: Eliminates wasted spend. Improves system efficiency. Determines capacity of scale at its location. Tools & Best Practices: In AWS Cost Explorer, Azure Advisor or GCP Recommender, one can use underutilised resources. Adopt autoscaling polic...