Are You spending more on your AWS Cloud than you Should?

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Are You Spending More On Your AWS Cloud Than You
Should?
OPTIMIZING COSTS IN AWS CLOUD MANAGEMENT The
entire premise of cloud computing is based on
cost savings opex over capex, cost of
installing and upgrading hardware, software,
security, and resources and training. But a
number of businesses are finding their cloud
costs overshooting budgets despite following
recommended AWS best practices, viz rightsizing,
scheduling, and buying Reserved Instances.
Though these remain excellent means of cloud
cost-optimization, they can be supplemented by
others that often go overlooked but can help you
cut down your costs substantially. Try these
approaches to further optimize your cloud costs.
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PICK THE LATEST INSTANCES AWS routinely releases
new-generation instances that offer improved
performance and greater functionality than their
earlier model. Shifting to these, or
alternatively downsizing instances with low
utilization metrics, can help you benefit from
cost savings while enjoying the same, or higher,
performance levels. MATCH STORAGE TIERS TO YOUR
NEEDS Organizations should also take advantage of
the choice of storage tiers that AWS offers at
differing price points. Shifting less-accessed
data to lower-priced storage enables a
significant reduction in cloud cost.
ELIMINATE ZOMBIES Like the undead in the movies,
your cloud infrastructure could be rife with
assets that are dead but not gone, but they can
continue to make their presence felt by their
unnecessary contribution to the cost of your AWS
cloud. Obsolete snapshots, unattached EBS
volumes, elastic load balancers, and components
of instances dating back to failed launches, are
all examples of wasteful assets that can be
safely done away with. If youre finding it
difficult to locate these unused assets, try AWS
Cloud Health. Its express purpose is to help
businesses gain visibility into their cloud
environments. Using Could Health can help you
find hard to locate assets, such as unattached
IP addresses, which are not easy to find using
the AWS System Manager or Console.
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MATCH EC2 INSTANCES TO WORKLOADS Remember, every
time you increase the size of an EC2 instance,
you double its capacity. Which is good if their
peak utilization remains correspondingly high.
However, you can only know this through active
monitoring and managing of usage data. Routinely
shifting workloads with lower utilization (this
usually means instances with a peak utilization
of less than 45) to right-sized instances can
keep control of your cloud costs without
compromising cloud efficiency. BUY RESERVED
INSTANCES, BUT JUDICIOUSLY Possibly the easiest
route to optimizing cloud costs is to go for
reserved instances. However, these could end up
costing you more if they are not properly
leveraged. This simply means that you need to
manage reserved instances, i.e. scrutinize every
variable before buying and follow it up with
monitoring of usage across the lifecycle of the
instances reservation. One way to cut costs is
accurate scheduling of on/off times, for
instances that are not strictly related to
production, i.e. instances involved in testing,
development, staging, etc. Do bear in mind
though, that even when instances are scheduled
to be off the meter is still ticking for EBS
volumes as well as other attached
components. IN CONCLUSION Monitoring and
measuring your cloud ecosystem remain the best
approach to AWS cost optimization, but this can
be enhanced by using tools that provide
visibility into usage patterns, and tools that
can predict the cost. Taking this approach will
help businesses right-size
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services, use reserve capacity economically while
identifying and managing resources more
effectively. Need the efficiency but not the
drudgery that goes with constant management,
TeleGlobal can do all this and more for you. As
preferred AWS partners, we have the expertise and
cross-industry experience to help you get the
most from your AWS cloud. Talk to one of our
experts today. Contact details are provided
below. Tags- AWS Cloud, Cloud Cost Optimization
Services, Cloud Consulting Services, AWS Cloud
Consulting Services, AWS partners
ABOUT US Teleglobal International is a leading
Public, Private and Hybrid cloud consulting
service provider across business verticals of all
sizes. As an AWS advanced consulting partner and
a Microsoft Azure partner company, we provide
the tools, management, and expertise you need
throughout the entire cloud lifecycle. With an
in-house certified cloud team, we provide
migration, deployment, DevOps, automation,
modernization, and cloud managed services over
AWS cloud and Microsoft Azure cloud. With our
24x7 Azure - AWS managed services, 300
enterprises are able to enjoy hassle-free Cloud
infrastructure security and cost optimisation.
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