Containing Cloud Costs

Containing Cloud Costs 150 150 CloudGovCo

#CloudServices bring new administrative challenges because of the huge number of services and the flexibility and complexity in pricing models. Without good administrative practices #CloudCosts can escalate quickly in excess of budgeted operational expenses. Key industry practices are:

  • Maintain a catalogue of approved cloud services
  • Establish a strategic budget for migrating to the cloud
  • Continuous cost optimization
  • Trend usage patterns overall
  • Decompose usage down to a region, availability zone, project or service team
  • Make informed decisions about acquisition of reserved instances
  • Make informed decisions about the allocation or reallocation of cloud resources