Cloud Cost Optimization

Cost optimization in the cloud is a universal issue, whether using cloud. According to research by Crozaint, 57% of IT leaders have exceeded their cloud budget at one point or another. Twenty percent have exceeded it by more than 20%. Any organization investing in the cloud, to any extent, can experience cost overruns.

The Bottom Line:

One of the biggest fears that you may have when it comes to adopting cloud is the fear of runaway spending. After all – cloud is unpredictable. It is PAYG. It scales on demand. It is charged like a utility bill.

“How can you forecast your utility bill?”

We will help you manage your cloud spend. By performing deductive and predictive analytics on your past and expected cloud spend respectively. By helping you make sense of your Cloud bill and attribute the spend to different projects, departments, teams, applications and cost centers.

KEY CUSTOMER CHALLENGES/QUESTIONS

  1. Public cloud is unpredictable. How do I forecast and budget my spend?
  2. How do I know which department is consuming how much cloud?
  3. How do I know which VM size to choose without blowing my IT budget?
  4. I want a single source of truth for all my cloud billing and invoicing. Can you do that for me?

Optimization Process

Usage Visibility

As an MSP, we will provide granular visibility into usage by department, project, region, workload, app or users allows CIOs to attribute chargeback and prioritize the IT spending.

Cost Control

IT departments that implement effective IT cost optimization—through visibility —can free resources for increased innovation and creativity.

Forecasting

Demand and cost forecasting are both aspects of the cost optimization. We will help you to accurately forecast your cloud spend by effectively forecasting both resource demands and costs.

Billing Management

We will give a simplified view into cloud costs and remove the complexity of analyzing, budgeting, tracking, forecasting, and invoicing public cloud costs.

Resource Utilization

Like successfully identifying consolidation possibilities, making sure that resources are properly provisioned, “right sized”, and utilized is a big part of an MSPs cost optimization offering.

We build and operate cost-aware systems that achieve business outcomes while minimizing costs,
allowing your business to maximize its ROI.


Cost-effective resources

  • Right-size resources based on usage over time
  • Purchase resources per business needs
  • Select proper geographic locations Use Managed Services

Matching supply with demand

  • Use Demand-based, Buffer-based, or Time-based approach
  • Apply auto-scaling to grow or shrink resources at run time

Expenditure awareness

  • Estimate, monitor, plan, report on, and analyze AWS spend
  • Assign costs to owners with account structuring and tagging
  • Track project and product lifecycle to reduce unnecessary costs

Optimizing over time

  • Measure, monitor, and improve
  • Use the newest services, features, and instance types

Why 86% of Enterprises employ a Multi-Cloud strategy ???

There are several benefits to the multi/hybrid cloud route, like avoiding vendor lock-in, optimising your performance for as many services as you need, increasing reliability, and decreasing your risk of security attacks.


When you’ve separated workloads across a variety of clouds, you can have more work happening independently, quickly, and, if planned well, more efficiently.


The most compelling reason may just be cost savings, and efficiency is the key to cost savings. When you break free of vendor lock-in, you can start prioritizing how to spend money, not just how much to spend.

Case Studies

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Whitemart

Whitemart

LAN MARK Shops (Whitemart), a leading Electronics & Home Appliances retailer in South India...
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LaundryBox

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What our customers have to say