Amazon Web Services points to four basic pillars for AWS cost optimization in the cloud:
Having the right resources for their services is nothing new, but when the complexity of services and the number of choices increases, it is also harder to dimension correctly. For example, AWS offers over 60 different variants of server instances to choose from, which creates the opportunity to choose the right one to suit your business needs, but at the same time increases the risk of over-or under-allocation of resources, add a resource requirement that varies over time and the equation becomes even more complicated.
Save with reserved resources
Using Reserved Instances can generate big savings over time compared to on-demand resources, but even here, choices need to be made. What services and systems are appropriate to reserve resources for? What sizes of instances are needed? Will the need to change over time? With the wrong choice there is a risk that what seems to save money in the end costs more.
Services should be used when needed, as needed and with the appropriate resources. Through automation and scaling up / down, resources can be changed to fit the current, services are turned off or removed when not in use as well as starting or creating when needed. Cloud services like AWS and Azure create these opportunities but require you to have full insight to be able to fully utilize it to its full potential.
Understanding what costs money is important in all activities and with the right working methods and underlying systems, cloud services like AWS can help. By knowing, for example, which department, group, system or application that charges cloud costs, your entire business can work to have an optimized cloud environment and predict your costs.
Detecting where cost reductions can be made is the first step, action is then needed to turn the detections into real life savings. Opsio helps you go beyond disposable measures to save money in an effective way of working to maximize returns on your investments. By implementing policies and rules for aws cost management and optimization, you will receive reports with suggestions for improvements and changes or allow changes to be made immediately by automation.
Are you interested in AWS Cost Optimization? Contact us today and we will help you to reduce your AWS Costs.