Cloud Cost Optimization | Save $ on your cloud infrastructure
What is Cloud Cost Optimization?
🔹Cloud cost optimization is aligning your cloud resource provisioning with your actual business needs.
🔹Cloud costs are a function of your architecture. If you choose the wrong architecture for your application, costs will behigh.
🔹Once the architecture is decided on and the application is deployed, your hands are tied; there are very few levers you can pull at that point.
🔹Cost control discussions should take place at design time when the application’s architecture is being planned.
🔹The architecture decisions should be documented. So that future cost-cutting attempts can understand the decisions that were made, why they were made, and the tradeoffs that were involved in making the decision.
Understanding Your Costs
✔️ Direct Costs
✔️ Indirect Costs
✔️ Capital Costs
✔️ Operational Costs
✔️ Professional Development
✔️ Marketing and Client Acquisition Costs