How Do You Control And Keep Your Cloud Cost To A Minimum?

How Do You Control And Keep Your Cloud Cost To A Minimum?

We all agree that cloud computing can be cheaper than purchasing your own hardware and software and maintaining your own servers.  But, when it comes to cloud computing, one of the questions we need to be concerned with is what the real costs are?

In fact, it is difficult to understand what the costs are when starting out a relationship with some cloud providers, some cloud providers don’t make pricing available until you sign up for their service, while others use metrics to compute pricing that is different than what you would use in a physical system.  This becomes a real challenge for an IT manager who is researching cloud computing companies.

Read the fine print

The first thing you want to do is make sure you know and understand the terms of your cloud provider contract. You need to read the fine print and understand what you are going to pay for and how it will be measured.

It is important that you choose the right pricing model, the one that will suit your business needs, without using unnecessary resources. For example, you should decide if private, community or hybrid clouds are better suited for your business in terms of security measures and whether choosing a PaaS or IaaS over SaaS approach makes the most sense.

Establish clear management and maintenance costs

A cloud solution should raise profits. One of the biggest advantages for cloud computing is eliminating the maintenance responsibility. Well, the thing is, that is not always 100% true. Sometimes you will still have servers and resources that need to be supported by your own IT department, so you need to take that into consideration.

Also, individual departments are increasingly choosing their own technology, including cloud services, which are relatively easy to engage and use. IT departments and a company’s top executive may be totally unaware of what is being used therefore creating unplanned costs.

Monitor your cloud cost

At the same time, another useful option to achieve minimum cloud cost is using available tools or software that will help you monitor your accounts from a single dashboard. Once you sign up, you can add your cloud service accounts to your dashboard. This way, you have access to reports that help you allocate your monthly costs down to departments and individual employees and monitor overall usage and spikes so that you can plan for costs and tune your environment to decrease costs.

In the end, the answer comes down to how closely you are able to manage, follow and adjust your infrastructure. If you choose to just throw your applications into the cloud without monitoring, than you should be ready for a surprise when you get your bill, but if you thoroughly analyze and plan your goals and objectives, you will be successful in managing the costs and resources in your cloud.

By Rick Blaisdell/ Rickscloud

About CloudTweaks

Established in 2009, CloudTweaks is recognized as one of the leading authorities in connected technology information and services.

We embrace and instill thought leadership insights, relevant and timely news related stories, unbiased benchmark reporting as well as offer green/cleantech learning and consultive services around the world.

Our vision is to create awareness and to help find innovative ways to connect our planet in a positive eco-friendly manner.

In the meantime, you may connect with CloudTweaks by following and sharing our resources.

View All Articles

Sorry, comments are closed for this post.

Comic
How Secure Is Your School Campus Network?

How Secure Is Your School Campus Network?

School Networks School related networks are one of the most attacked sectors today, coming in third worldwide to healthcare and retail. Because of the ever growing threat of cybercrime, IT professionals everywhere aren’t thinking in terms of “what if our network gets attacked?” Now, they think in terms of “when will our network be attacked?”…

IBM and VMware Expand Partnership to Enable Easy Hybrid Cloud Adoption

IBM and VMware Expand Partnership to Enable Easy Hybrid Cloud Adoption

IBM and VMware Expand Partnership More than 500 new clients, including Marriott International are now running VMware software on IBM Cloud since the strategic cloud partnership was announced;Introduction of VMware Cloud Foundation on IBM Cloud helps move existing apps to the cloud within hours; More than 4,000 IBM service professionals trained to help organizations extend…

Fully Autonomous Cars: How’s It REALLY Going To Work?

Fully Autonomous Cars: How’s It REALLY Going To Work?

Pros and Cons and What the Experts Think Science fiction meets reality, and modern civilization is excitedly looking forward to the ubiquity of self-driving cars. However, an omnipresence of fully autonomous cars won’t happen as quickly as even some hopeful experts anticipate. While the autonomous car pros versus the cons race (See infographic discovered via…

The Lighter Side Of The Cloud – Bottlenecking

The Lighter Side Of The Cloud – Bottlenecking

By David Fletcher Please feel free to share our comics via social media networks such as Twitter, Facebook, LinkedIn, Instagram, Pinterest. Clear attribution (Twitter example: via @cloudtweaks) to our original comic sources is greatly appreciated.

Recent Articles - Posted by
Rounding Out Your Security Strategy With The Enterprise Cloud

Rounding Out Your Security Strategy With The Enterprise Cloud

Enterprise Cloud Security Strategy No company wants to be the one to have to announce one of the world’s biggest data breaches. From managing networks and datacenters to protecting hundreds of applications, today’s enterprises face enormous challenges. With all the surface area that needs to be tracked and protected including APIs on the front-end, customer integrations…

How Formal Verification Can Thwart Change-Induced Network Outages and Breaches

How Formal Verification Can Thwart Change-Induced Network Outages and Breaches

How Formal Verification Can Thwart  Breaches Formal verification is not a new concept. In a nutshell, the process uses sophisticated math to prove or disprove whether a system achieves its desired functional specifications. It is employed by organizations that build products that absolutely cannot fail. One of the reasons NASA rovers are still roaming Mars…

Using Cloud Technology In The Education Industry

Using Cloud Technology In The Education Industry

Education Tech and the Cloud Arguably one of society’s most important functions, teaching can still seem antiquated at times. Many schools still function similarly to how they did five or 10 years ago, which is surprising considering the amount of technical innovation we’ve seen in the past decade. Education is an industry ripe for innovation…

Get Ready For Virtual Reality and the Cloud

Get Ready For Virtual Reality and the Cloud

Virtual Reality Cloud We’re lucky to live in an era where virtual reality is no longer relegated to the confines of a sci-fi movie universe. Thanks to technology introduced by products like Oculus Rift, consumers now have access to virtual environments with fully immersive graphic capabilities. As a result, companies have only just begun to…

The Cloud Is Not Enough! Why Businesses Need Hybrid Solutions

The Cloud Is Not Enough! Why Businesses Need Hybrid Solutions

Why Businesses Need Hybrid Solutions Running a cloud server is no longer the novel trend it once was. Now, the cloud is a necessary data tier that allows employees to access vital company data and maintain productivity from anywhere in the world. But it isn’t a perfect system — security and performance issues can quickly…

How Your Startup Can Benefit From Cloud Computing And Growth Hacking

How Your Startup Can Benefit From Cloud Computing And Growth Hacking

Ambitious Startups An oft-quoted statistic, 50% of new businesses fail within five years. And the culling of startups is even more dramatic, with an estimated nine out of ten folding. But to quote Steve Jobs, “I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance.” So while…

Business Analytics Vs Data Science

Business Analytics Vs Data Science

Big Data Continues To Grow Big Data continues to be a much discussed topic of interest and for good reason.  According to a recent report from International Data Corporation (IDC), “worldwide revenues for big data and business analytics will grow from nearly $122 billion in 2015 to more than $187 billion in 2019, an increase…

15 Cloud Data Performance Monitoring Companies

15 Cloud Data Performance Monitoring Companies

Cloud Data Performance Monitoring Companies (Updated: Originally Published Feb 9th, 2015) We have decided to put together a small list of some of our favorite cloud performance monitoring services. In this day and age it is extremely important to stay on top of critical issues as they arise. These services will accompany you in monitoring…

Digital Marketing Driven by Cloud, Big Data and IoT

Digital Marketing Driven by Cloud, Big Data and IoT

Digital Marketing Successful digital marketing campaigns are being driven largely by trending technologies, specifically the Internet of Things (IoT), Big Data, and The Cloud. These may be used for a huge number of marketing applications, from optimizing the performance of sports teams to improving science and research, even helping to aid law enforcement. Amazon Web…

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter

Using Big Data To Make Cities Smarter The city of the future is impeccably documented. Sensors are used to measure air quality, traffic patterns, and crowd movement. Emerging neighborhoods are quickly recognized, public safety threats are found via social networks, and emergencies are dealt with quicklier. Crowdsourcing reduces commuting times, provides people with better transportation…

5 Basic Safety Tips For Cloud Backups

5 Basic Safety Tips For Cloud Backups

Basic Cloud Backup Tips If you’re worried about the security of your data when it comes to cloud computing adoption, you’re not the only one. Industry experts claim that cloud computing data security is becoming an increasingly critical component in the data transmission process. And current mainstream services like Amazon’s EC2 just aren’t well-equipped enough…