One of the main benefits of cloud computing is cost reduction, however to make sure that the investment made in the migration is working, priority actions are needed: planning, cost management and continuous improvement.

In a way, there is a tendency, especially at the beginning of projects, for the excessive consumption of cloud resources to happen naturally. This is because the ease of including technology assets and services, automatically and securely, leads us to use the computational infrastructure without prior analysis of needs and costs.

Therefore, the objective here is to describe the importance for companies to manage the costs of the infrastructure used in the cloud, since the intelligent consumption of available technology resources and services has now become a priority.

>> Learn more: Why experts say cloud adoption is inevitable.

Getting Started with Cost Management in the Cloud

Let's start with the basics. The first step to achieving smart cost management is awareness. It must be clear, reducing technology resources does not mean putting the company's IT infrastructure at risk, it means seeking optimization and checking excessive consumption.

The key to reducing overconsumption and successfully managing costs is to carefully monitor and audit usage, looking for orphaned, underutilized, or overpriced resources. Having an inventory of the computing infrastructure used and analysis tools integrated into the cloud environment are the best ways to achieve this goal.

>> Learn more: 7 Tips for Optimizing AWS Cloud Costs

As for the choice of tools, it is possible to look for native options, such as AWS Cost Management or integrated solutions such as Sky.Saver by Sky.One . All of them prioritize strategic areas in their analysis process:

  • costs
  • optimization,
  • Safety,
  • fault tolerance,
  • Performance.

It is possible with this type of analysis to verify important points that tend to increase the cost of the cloud infrastructure:

  • Low CPU usage,
  • idle load balancers,
  • Underutilized storage volumes,
  • unused IP addresses,
  • Among other examples.

In addition, it is possible to verify, through the analysis of the history, which type of server instances have stable loads, which tend to low consumption or which do not justify their use.

>> Learn more: Extending Business Intelligence Through the Cloud.

Infrastructure design helps with cost management

Designing the infrastructure with an understanding of the architecture to be used in the cloud is the most effective way to minimize costs in the long term, without overspending or hitting usage caps. This means that a deployment strategy opens the perspective of companies for innovation and market competition.

No company wants to waste money, so cost management and smart use of infrastructure is a top priority. However, it is also important to remember that running resources in the cloud is not always an exercise in minimizing costs just for financial savings. It is about increasing agility, IT innovation, optimizing production processes and, above all, increasing customer satisfaction.

Is your company looking to intelligently manage cloud costs? Keep following us on our blog and through social networks and learn more.

Written by

Sky.One Team

This content was produced by SkyOne's team of cloud and digital transformation experts.