Shorticle 307 – Cost Optimize your Azure workloads
The primary intention for any IT organization to move to Cloud platform are Business Agility, Cost Optimization, Performance improvement and improved security features. Out of these, Cost optimization is an important factor which decides how you want to invest for cloud adoption.
There are four defined pillars for Cloud Cost Optimization viz:
Improve Elasticity – Many Cloud services provide elasticity of services through Vertical scaling (Scale-in and Scale-out) so that your cost is decided based on utilization.
Right Sizing of Services – Choose the right sized resources like Compute instance, Network bandwidth, Storage type so that you can pay only for what you are expected to consume.
Reserved/Spot Instances – Use Upfront reserved instances (eg: 1 year to 3 year reservation of instances) or Spot instances (with dynamic start and end life of instances) for better cost benefits/discounts.
Monitor, Measure and Optimize – Measure your Infrastructure and platform usage footprints and monitor them for a regular period so that you can optimize the usage using native services like Azure Cost Advisor.
Azure Best practices suggest that you can optimize your Cloud Cost usage by implementing following best practices:
1. Use Azure Advisor for cost saving related recommendation and follow the observation for better cost benefits.
2. Use Azure Well-Architected Framework (WAF) to review the workload architecture (network, infrastructure, technical, security) so that you can implement best practices.
3. Utilize Azure offers and discounts for licensing options, Reserved instances, Spot instances and DevTest environment setup so that you can get long-term cost benefit.
For further read: https://azure.microsoft.com/en-in/overview/cost-optimization/
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