Containing Cloud Costs
Containing Cloud Costs https://cloudgovco.com/wp-content/themes/corpus/images/empty/thumbnail.jpg 150 150 CloudGovCo https://cloudgovco.com/wp-content/themes/corpus/images/empty/thumbnail.jpg#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