While cloud transfer fees contribute significantly to enterprise overspend, they aren’t the only challenge when it comes to keeping cloud costs in check.
Enterprises often juggle multiple public cloud providers, each with complex and multifaceted pricing and subscription models. Lack of standardization means that billing formats, APIs, and services differ between each major public cloud provider.
Incorrect resource provisioning is one of the biggest offenders when it comes to driving up cloud costs. It’s common for enterprises to grossly over-estimate how much they need. To stay in control, automated monitoring and alerts about usage are essential.
Shadow IT refers to solutions, software, systems, applications, and services that slip under the radar without your IT department’s direct consent. As this technology isn’t actively monitored, it can put your cloud at risk and push costs up without you even realizing it.
Without adequate visibility over your cloud estate, it’s easy for cloud migration costs to go off the rails. Operational expenditure, paying for unnecessary excess cloud storage, and recurring admin costs can make a sizeable migration incredibly expensive.
By partnering with a cloud spend management provider you can reign in your cloud spend and eliminate the hidden costs. Here’s how.
By reviewing, auditing, and optimizing your cloud, a spend management provider will pinpoint wasted resources, shadow IT, hidden costs, or extra capacity that are causing needless spending. Regular cloud auditing gives your enterprise valuable data and insights, so you can strategize and scale your cloud with complete confidence.
A cloud spend management provider will combine your multi-cloud billing into one general ledger, eliminating the stress of managing multiple, disparate platforms. Plus, by leveraging detailed billing and usage data from your CSPs, you can quantify exact spending across your IaaS and PaaS environments, so you’ll never experience bill shock ever again.
Rightsizing is a pillar of cloud cost optimization and spend management. By identifying the ideal resource supply to meet demand, you can reduce wastage, ensuring your cloud is always operating at peak capacity. An experienced cloud spend management provider will review your hourly usage reports, to establish idle periods, so you can spin down resources when they’re not required.
If a resource can function on a smaller instance without affecting performance, your provider will be able to migrate it, which can generate considerable savings.
A cloud spend management provider will help you to determine the best purchasing strategy and identify cost savings across the purchasing cycle. They’ll also help you through better reserved instance and usage plan purchasing. Reserved instance purchase recommendations track your real-time usage and provide your computing power at a discounted rate.
Your provider can also assume control of migrations, working directly with vendors to maximize the cost-benefit. So, instead of overpaying for resources you don’t need, you can spot purchase to match demand.
At Cass, we understand that tracking and measuring costs in your cloud environment is challenging. We’re well equipped to help your enterprise achieve complete visibility, so you can eliminate all hidden costs.
Cass can provide powerful software – along with support from accredited cloud experts – for a complete solution for managing your cloud and optimizing costs. With cloud spend management, you’ll have the tools you need to reduce spend, work more efficiently, and better understand your cloud estate.
Reduction of
on your monthly
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Our customers save
of the cost of their AWS,
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