As-a-service options are a boon for enterprises. Adept at handling the growing demands of businesses with unmatched agility, cloud servers are value for money - for the most part of it. While businesses are still in a phase where they are admiring the availability of cloud computing resources without having to go through the hassle of enormous capital expenditures or the process of buying, installing and configuring systems, there is a good chance your cloud spend is excessive even with pay-as-you-go or hourly billing pricing model. Here are three best practices to keep your enterprise's cloud spend in check.
Rightsize And Automate Your Cloud Resources
Enterprises tend to focus on onboarding long term cloud service provider agreements. These plans rank high on volume and discounts but tend to ignore enterprise-specific needs. A better way of keeping costs in check would be to go for the best pricing model for each category of service or workload. With the help of automation to tap into cloud management analytics, you can quickly look into how and where resources are allocated, which ones remain unused or underused and come up with solutions to tackle these, all of which would help in optimizing how much you spend. Automation can also help you park unused resources to avoid wasting resources.
Stay On Top Of Your Requirements
Whether it is Indian cloud servers or overseas services providers, the pricing models are usually complicated. It is challenging to match costs with workloads, as these pricing models are constantly changing, and they are allocated based on several parameters. The key for any enterprise is to remain updated with the fluctuating plans and prices and to make changes in a real-time manner to ensure that your enterprise is getting the best out of the allocated budget.
Make Use Of A Cloud Management Platform
You generally don't have any visibility into the usage of cloud services at your enterprises, unless you are using a cloud management platform. As your enterprise's cloud size and the resultant complexities go on increasing, it becomes even more critical for you to get an itemized report to look into individual costs. Cloud management platforms are great tools that let you know your spend vs usage ratio and help in making informed cost-saving decisions.
Resource tagging, reducing cloud traffic, forecasting usage but making no assumptions are some of the other strategic decisions that could go a long way on reducing cloud costs while extracting everything that your business needs from these services.
India being one of the largest consumers of the internet, responsibility looms large on Indian DCs and internet service providers to ensure that cloud services get better, faster and cost-effective as compared to their foreign counterparts. With the right infrastructure setup, localization of cloud servers can significantly contribute towards optimizing cloud spend.
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