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Manage Cloud Costs: Tips & Tricks

Take advantage of the cloud’s strengths without breaking the bank.

  • Cost variability means that you don’t know how much you’re going to pay.
  • Complex bills make it difficult for non-technical (and some technical) analysts to parse what the organization is actually paying for.
  • In some cases, the cloud might be more expensive than its on-premises equivalents.

Our Advice

Critical Insight

  • The cloud’s fundamental characteristics are value-neutral. The pay-as-you-go model can be a good thing, or it can be a bad thing. Use reserved instances, tagging, and chargebacks/showbacks to strategically manage the cloud and take advantage of its strengths and mitigate some of its weaknesses.

Impact and Result

  • Skeleton for a tagging project (metadata)
  • Understanding of reserved instances and how they can be used
  • Appropriate chargeback/showback model for particular services

Manage Cloud Costs: Tips & Tricks Research & Tools

1. Learn ways to manage cloud cost, variability, and complexity to optimize your cloud spend

Use reserved instances, chargebacks, and metadata tagging to manage your money and simplify your cloud deployment efforts.

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  • Karl Kerba, Head of DevOps, Risk Focus
  • Corey Fruitman, Principal, Instant Housecall
  • Stephanie Lanning, AWS Partner Manager, Cloudamize
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