What Is Cloud Cost Optimization? Strategy & Best Practices?
C loud computing's unmatched scalability and flexibility have completely changed how organizations run. However, cloud expenses can quickly rise if improperly managed. The process of locating and removing needless cloud costs while preserving dependability and performance is known as cloud cost optimization. The finest methods and tactics for maximizing your cloud expenses are examined in this article. Knowing What Drives Cloud Costs Prior to implementing optimization tactics, it's critical to comprehend the main causes of cloud expenses: Compute Resources: The quantity and kind of containers or virtual machines that are utilized. Storage: The quantity of storage used by apps and data. Networking: The cost of data transfers and the amount of bandwidth used. Database Usage: The quantity of compute and storage resources utilized in a database. Third-Party Services: Expenses related to utilizing extra cloud services, such as IoT, analytics, or machine learning. Techniques for Op...