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Cloud Cost Optimization

Cloud Cost Optimization is developing a cost reduction strategy and implementation plan to reduce the cloud bill without negatively impacting the business and the performance. Take control of the total cost and continuously optimize your cloud spend, while building modern, scalable applications to meet your business needs.<br>

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Cloud Cost Optimization

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  1. Cloud Cost Optimization w w w . s u c c e s s i v e . c l o u d

  2. Overview Today, provisioning and scaling resources in cloud is easy and simple and can be done with a click of a button. Organizations are leveraging the latest and most innovative cloud services to expand their businesses, one thing they don’t realize is the complexity of managing over-provisioned and under-utilized resources and cost optimizing to get the maximum benefits at the lowest price point. The reality of the cloud is that the total cost of ownership steadily rise over time and without clear insights into what drives your spend, strategic cost reduction is impossible. CLOUD COST OPTIMIZATION Cloud Cost Optimization is developing a cost reduction strategy and implementation plan to reduce the cloud bill without negatively impacting the business and the performance. Take control of the total cost and continuously optimize your cloud spend, while building modern, scalable applications to meet your business needs. Cloud Cost Assessment Cloud Cost Optimization is developing a cost reduction strategy and implementation plan to reduce the cloud bill without negatively impacting the business and the performance. Take control of the total cost and continuously optimize your cloud spend, while building modern, scalable applications to meet your business needs. • Analyse provisioned services & resources, their sizes & associated costs. One of the best approach to start with is to identify the top 5 cost consuming resources. • Identify the resources and services as per the production and non-production environments. • Perform usage analysis and patterns for all services and resources to match capacity with demand and identify waste resources. • Assess the anomalies, improvement areas, standardized approach and architectural gaps. • Prepare a roadmap for cost optimization which includes forecasts and trends, recommendations for cloud optimization and application modernization 01

  3. Cost Optimization Best Practices Driving cloud cost and optimization of resources including compute, storage, database, and networking across infrastructure, platform, or software as a service requires a comprehensive cloud optimization strategy focusing on business benefits and a better return on investment. Some of the best practices for cost optimization are: tools or buying environments. • Optimize storage services including backup, infrequent access tier, archive, and lifecycle policy. • Allocations and Tags based on environment, business application, projects, departments, etc. • Avoid orphaned resources and always use new and latest services. • Automate infrastructure provisioning with templates, launch configurations, and scripts wherever possible. • Establish policies and mechanisms to ensure appropriate costs are incurred. • Set budgets and alarm for consumption and cost notifications. • Decommission or terminate unused services & resources. • Implement right-sizing for all over-provisioned resources. • Purchase or modify reserved compute resources or bid for spot resources based on sizes and usage. • Use managed services or PaaS to reduce cost of ownership. • Resize non-production environment resources and decommission them during holidays and weekends. • Create a diferent disaster recovery strategy (downtime and data loss) for production and non-production environments and applications. • Rearchitect application to leverage cloud native services instead of using third-party 03

  4. The Successive’s Advantage We have a team of experts who will analyse and evaluate the cloud bill. They will help optimize the resources and services in the cloud. On average, they will help to save 25% of the could bill. Some of the advantages are: • Get the maximum business benefits at the lowest price point. • Easy to understand bills with tags and allocations. • Get high accuracy, better forecasts, and optimized costs. • We will help you adopt the cost saving culture. • We will provide greater transparency into usage and charges. • Our methodology is adjusted based on the client’s requirement and business model. Get in Touch We'd love to help you start exceeding your business goals 606 Lake Park Drive Coppell, Texas, 75019 +1-214-642-8027 hello@successive.cloud

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