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Last updated on 2024年4月15日

How do you make cloud resource use more cost-effective?

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Cloud computing offers many benefits, such as scalability, flexibility, and accessibility. However, it also comes with a cost, which can vary depending on the type and amount of resources you use, the service provider you choose, and the pricing model you adopt. In this article, you will learn some tips and best practices to make your cloud resource use more cost-effective and optimize your cloud budget.

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David G.

Senior Software Engineer | Backend Developer
Kasun Rajapakse

Senior Consultant @ Avanade | Microsoft MVP - Azure | CKA CKS CKAD | 7x Azure Certified | 1x HashiCorp | 3x GitHub |…
Ben Mergen

AWS Lead Solutions Architect @ AWS | Cost Optimization Pillar Lead SA | Well-Architected Framework | Cloud Adoption…

1 Understand your needs

Before you start using cloud resources, you need to have a clear idea of what your goals and requirements are. What kind of applications are you running? How much compute, storage, and network capacity do you need? How often do you need to access or update your data? How sensitive is your data to security and compliance issues? By answering these questions, you can determine the optimal type and size of cloud resources for your use case, and avoid paying for unnecessary or underutilized resources.

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David G.

Senior Software Engineer | Backend Developer
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In the case of AWS, these official tools can help: AWS Cost Explorer: enables you to visualize, understand, and manage your AWS costs and usage over time. You can use it to analyze your spending trends, identify areas that need further inquiry, and see the impact of your cost optimization efforts. You can also use it to forecast your future spending based on your historical data. AWS Trusted Advisor: This tool provides you with real-time guidance to help you provision your resources following AWS best practices. You can use it to find underutilized or idle resources, optimize your EC2 instances, and reduce data transfer costs.

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2 Choose the right pricing model

Different cloud service providers offer different pricing models for their resources, such as on-demand, reserved, spot, or pay-as-you-go. Each pricing model has its own advantages and disadvantages, depending on your usage patterns and preferences. For example, on-demand pricing gives you the most flexibility, but also the highest cost. Reserved pricing gives you a discount for committing to a certain amount of resources for a certain period of time, but also limits your flexibility. Spot pricing gives you the lowest cost, but also the highest risk of losing your resources if the market price changes. Pay-as-you-go pricing gives you the most granularity, but also the most complexity. You should compare and contrast the different pricing models and choose the one that suits your needs and budget the best.

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Kasun Rajapakse

Senior Consultant @ Avanade | Microsoft MVP - Azure | CKA CKS CKAD | 7x Azure Certified | 1x HashiCorp | 3x GitHub | Trainer | Cloud enthusiastic ???????????
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In a case of Azure Consider your workload's characteristics, budgetary constraints, scalability requirements, and long-term consumption estimates when selecting the optimal pricing plan in Azure. Azure Cost Management and Azure Pricing Calculator are useful tools for calculating and managing Azure expenditures based on your pricing model of choice. Consider using Azure Cost Management to track and optimise your expenses as your consumption habits change. Example of cost-effective methods in Azure Using Azure Hybrid Benefit, Azure Reserved Virtual Machine Instances, Azure Functions Consumption Plan

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3 Monitor and optimize your usage

Once you have chosen your cloud resources and pricing model, you should monitor and optimize your usage regularly. You should track and analyze how much and how efficiently you are using your resources, and identify any opportunities to reduce or improve your usage. For example, you can use tools and metrics to monitor your resource utilization, performance, availability, and costs. You can also use automation and policies to scale your resources up or down according to your demand, or to switch your resources to a cheaper or more suitable pricing model. You can also use techniques such as compression, deduplication, caching, or archiving to optimize your storage and network usage.

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Kasun Rajapakse

Senior Consultant @ Avanade | Microsoft MVP - Azure | CKA CKS CKAD | 7x Azure Certified | 1x HashiCorp | 3x GitHub | Trainer | Cloud enthusiastic ???????????
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In a Case of Azure Azure cost monitoring and optimization are essential for cloud resource management. Set a budget and use Azure Cost Management and Billing to analyze spending and usage. Use resource tagging to organize and assign expenditures. Rightsize resources, employ Azure reservations, and auto-scale to meet demand. Audit and eliminate unused resources, optimize storage, and investigate serverless and PaaS. Monitoring network costs and setting cost alerts helps manage expenses. Continuous monitoring, modification, and automation using Azure Cost Management APIs optimize costs and maximize Azure investments.

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Praveen Kumar Rajendran

Automation Lead | Author | Speaker | Microsoft Azure trainer | 5X Microsoft Azure certified| Exploring AI :)
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In my azure subscription, I did the following things. 1. I have setup a budget alert to track the cost usage. 2. I always ask my people to add their name as tag against the resources created by them. 3. I request people to delete the resources, if they no longer needed it. 4. I request my people either to decomission the test VMs or switch off the VM. 5. Regularly connect with Finops team and get their feedback about our sizing and under utilizes resources.

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4 Review and update your strategy

Cloud computing is a dynamic and evolving field, and so is your cloud resource use. You should review and update your strategy periodically, to ensure that you are still using the most cost-effective and efficient cloud resources for your needs. You should also keep an eye on the latest trends and innovations in cloud computing, and see if they can offer you any benefits or savings. For example, you can explore new types of cloud resources, such as serverless, containers, or edge computing. You can also leverage new features or services from your cloud provider, such as discounts, credits, or recommendations.

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5 Learn and apply best practices

One of the best ways to make your cloud resource use more cost-effective is to learn and apply best practices from experts and peers. You can find many resources online, such as blogs, podcasts, webinars, courses, or books, that can teach you how to use cloud resources more efficiently and effectively. You can also join communities, forums, or events, where you can exchange ideas, experiences, and tips with other cloud users. You can also seek advice or guidance from professionals, consultants, or mentors, who can help you design, implement, or improve your cloud strategy.

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6 Experiment and innovate

Finally, you should not be afraid to experiment and innovate with your cloud resource use. Cloud computing offers you a lot of possibilities and opportunities to try new things, test new ideas, or create new solutions. You should not limit yourself to the conventional or familiar ways of using cloud resources, but rather explore and discover new ways of using them more cost-effectively and creatively. You should also measure and evaluate the results of your experiments and innovations, and learn from your successes and failures.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Ben Mergen

AWS Lead Solutions Architect @ AWS | Cost Optimization Pillar Lead SA | Well-Architected Framework | Cloud Adoption Framework | FinOps and DevOps | Frugality in IT | Cloud Migration and Modernization | Automations
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As workloads expand, consider sharing resources or provisioning them across several accounts to manage them efficiently. Even with distinct development, testing, and production environments, secure sharing is feasible and does not compromise organizational structure. This approach not only saves on operational costs but also maximizes resource utilization, resulting in greater consistency.

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How do you make cloud resource use more cost-effective?

1

2

3

4

5

6

7

1 Understand your needs

2 Choose the right pricing model

3 Monitor and optimize your usage

4 Review and update your strategy

5 Learn and apply best practices

6 Experiment and innovate

7 Here’s what else to consider

Cloud Computing

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How do you make cloud resource use more cost-effective?

1

2

3

4

5

6

7

1 Understand your needs

2 Choose the right pricing model

3 Monitor and optimize your usage

4 Review and update your strategy

5 Learn and apply best practices

6 Experiment and innovate

7 Here’s what else to consider

Cloud Computing

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感谢您的反馈

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