Cloud Cost Optimization as A Service (CaaS)

Otodigital facilitate cloud migration, and reduce the time between deployments by simplifying container management with CaaS.

Cloud Cost Optimization As A Service (CaaS)

Otodigital Cloud cost optimization is the process of reducing your overall cloud spend by identifying mismanaged resources, eliminating waste, reserving capacity for higher discounts, and Right-Sizing computing services to scale.

Otodigital offers organizations unlimited scalability and lowers IT costs by helping global clients pay less for the resources they use.  But the truth about Amazon Web Services (AWS) pricing and Microsoft Azure pricing is that cloud customers are charged for the resources they order, whether they use them or not. In their recent report, Gartner analysts Brandon Medford and Craig Lowery estimate that 70% of cloud costs are wasted. Fortunately, there are many best practices for cloud cost optimization.

Otodigital Cloud Cost Optimization Best Practices

  • 24/7 Cloud Support with 99.8 Availability & DR management support
  • Real Time Monitoring & Tracking ⚊ Anomalies, Behaviour Intrusion & Traffic Flow
  • Automation – Backups, Recovery, Instance & Container management
  • ITIL Management Process for Incident, Problem, Change & Deployment request handling
  • Periodical Audits on Security, Compliance, performance and Cost of the cloud deployments.
  • A 7-point Checklist Strategy Resource
    • Identification – Identifying and tagging resources by usage and ownership. Doing this helps you design a layout for the overall resource usage. Identifying owners of respective resources help you understand the spending required for individual resources.
    • Visibility – Make the resources (both running and reserved) visible to all the users within the organization. This avoids repetition of instances and deviation to other services.
    • Fix Budget – Resource identification and their enhanced visibility makes it easy for planning budgets for individual accounts based on actual usage. This helps in planning the overall cloud budget.
    • List Resources – Finalize the list of resources that are required for your cloud environment. Allow only those that are of specific sizes or support specific instances. Thus, you can make spending on only required resources and ignore the unapproved ones.
    • Scheduling – Save more than 70 percent of costs by shutting down repeating instances that are not in use. Allow those requiring 24/7 functioning and schedule the rest as per needs.
    • Region-wise Pricing – It is important to note that cloud costs vary with region by around 60 percent. So, keep track of regions and your workloads running there. Compare and analyzing region-wise costs can help you optimize future expenditure.
    • Storage Management – Take snapshots of your storage regularly as a backup and delete large volumes that are left unused. Remember, Remember! Storage volumes cause hidden costs.
 

Otodigital Differentiators:

  • 24/7 Cloud Support with 99.8 Availability & DR management support
  • Real-Time Monitoring & Tracking ⚊ Anomalies, Behaviour Intrusion & Traffic Flow
  • Automation – Backups, Recovery, Instance & Container management
  • ITIL Management Process for Incident, Problem, Change & Deployment request handling
  • Periodical Audits on Security, Compliance, Performance and Cost of the cloud deployments.
  • A 7-point Checklist Strategy Resource
    • Identification – Identifying and tagging resources by usage and ownership. Doing this helps you design a layout for the overall resource usage. Identifying owners of respective resources help you understand the spending required for individual resources.
    • Visibility – Make the resources (both running and reserved) visible to all the users within the organization. This avoids repetition of instances and deviation to other services.
    • Fix Budget – Resource identification and their enhanced visibility make it easy for planning budgets for individual accounts based on actual usage. This helps in planning the overall cloud budget.
    • List Resources – Finalize the list of resources that are required for your cloud environment. Allow only those that are of specific sizes or support specific instances. Thus, you can make spending on only required resources and ignore the unapproved ones.
    • Scheduling – Save more than 70 percent of costs by shutting down repeating instances that are not in use. Allow those requiring 24/7 functioning and schedule the rest as per needs.
    • Region-wise Pricing – It is important to note that cloud costs vary with the region by around 60 percent. So, keep track of regions and your workloads running there. Compare and analyzing region-wise costs can help you optimize future expenditure.
    • Storage Management – Take snapshots of your storage regularly as a backup and delete large volumes that are left unused. Remember, Remember! Storage volumes cause hidden costs.
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