10 Tips for Managing Cloud Costs - InformationWeek

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7/10/2018
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Cynthia Harvey
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10 Tips for Managing Cloud Costs

Cloud cost management is a key pain point for enterprises, but these expert tips can help optimize your cloud spending.
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1. Monitor spending on a daily basis.

Image: Pixabay
Image: Pixabay

The ease and speed of provisioning new computing resources is one of the key reasons why organizations choose to use public cloud services. In most enterprises, developers and other IT professionals are spinning up new instances several times a day. If cloud managers are monitoring usage on a weekly or quarterly basis, they can easily get blindsided by unexpectedly high charges. That's why most experts recommend using a dashboard that allows you to monitor cloud usage on at least a daily basis, and preferably more often.

Some organizations choose to invest in third-party tools for this purpose, but the cloud vendors themselves also offer monitoring tools that enterprises can use for little to no cost. For example, Amazon Web Service (AWS) has a Cost and Usage Report, which tracks use on an hourly or daily basis, and a Trusted Advisor tool that helps businesses optimize their costs, as well as improving performance and security. Microsoft Azure offers Azure Monitor and Cost Management services, and Google Cloud Platform offers Stackdriver Monitoring.

Cynthia Harvey is a freelance writer and editor based in the Detroit area. She has been covering the technology industry for more than fifteen years. View Full Bio

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