If you feel like you’re overspending on cloud costs, you’re not alone. The cloud is a powerful tool, but it can also be an expensive one. If you’re not careful, you could end up spending a lot more money than you budgeted for on your cloud services.
In this article, we will first go over what exactly cloud cost management entails and why it’s important to consider a cloud optimization tool like ComPaaS for cutting cloud costs. We will also provide information on how much you can save with cloud optimization and finally, how to start cutting cloud costs right away!
How Cloud Costs Get Out of Control
Cloud spending can get out of hand quickly, and you may not even realize it’s happening. This usually occurs for one of a couple reasons:
- There’s no process in place for managing resources and approvals.
- DevOps is spinning up cloud servers with too much capacity for what’s currently needed—keep in mind that the cloud is elastic, and you can always increase the size of your server when the time comes.
Why Cloud Cost Management Matters
Cloud cost management is the process of optimizing your existing cloud usage to make sure that it meets all your business requirements at the most efficient price possible.
It includes identifying and analyzing your current cloud costs, optimizing those costs to ensure they’re as low as possible, and reducing them if necessary. In short: it’s all about bringing down your monthly bill.
Further Cut Costs with Cloud Optimization
When you’re looking to reduce monthly cloud costs, it’s important to make sure that you’re getting the most value from your cloud services. Cloud optimization is a process which selects and assigns the correct cloud resources for a given task or application. When these resources are correctly fitted to their infrastructure, your cloud activities will operate more efficiently, reducing costs.
Ultimately, cloud cost optimization can help you get the most value out of your existing cloud services by identifying opportunities for cost reduction and improving usage patterns.
How Much Money Can You Save with Cloud Management and Optimization?
Cloud cost management is a process, not a tool. It helps you get the most value out of your existing cloud services by helping you find the right cloud services for your business and optimizing them so they run more efficiently.
The amount of money you will save depends on how much you are currently spending and the type of cloud services you have. In general, our cloud optimization and modernization solution, ComPaaS, helps our customers achieve a 30% cloud cost savings in just 30 days.
Reduce Your Cloud Costs in Just 30 Days with ComPaaS
If you’re ready to cut your cloud costs through smarter management and optimization, get started now with a free 30-day trial of ComPaaS, the all-in-one cloud optimization tool.