Deploying your business operations to the cloud gives you the flexibility to easily scale your business on-demand while saving costs. Nonetheless, if you are not utilizing your cloud resources optimally, your cloud budget can quickly balloon.
It is also difficult to pinpoint where you are spending your cloud resources and what is driving your cloud expenditure. Cloud computing optimization gives you a detailed audit of your cloud resources. It helps you understand how you can efficiently allocate those resources to achieve maximum performance while trimming down redundant features.
The first step to improving any process in your organization is visibility. Knowing which cloud features are helping your business and which tools are the least valuable will help you better allocate your cloud budget.
Implementing cloud computing optimization services gives you an in-depth audit of your cloud resources. You get to know which of your cloud features are underutilized, wasteful, mismanaged, or over-provisioned. With these insights, you could easily determine the value that cloud services add to your business relative to your cloud expenditure.
A survey answered by over 750 businesses suggests that companies waste 32% of the cloud budget. If this is also true for your business, you need to rethink your cloud operations.
The problem often lies in your cloud pricing plans. It becomes difficult to navigate through the number of billing items and raw data and interpret the costs. Cloud computing cost optimization tools help your DevOps team to read through the cost to value and price per unit metrics and decide how to utilize cloud resources efficiently.
Cloud providers offer thousands of features. If you start analyzing the cloud features you are subscribed to you might realize your business doesn't need most of them.
Cloud computing optimization involves filtering out the unnecessary features you are paying for and only using tools that add value to your business activities.