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Take Control of Cloud Costs on AWS

Change the way you work to get full value from the cloud.

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Contributors

  • Adam Silverman, Manager, Global Cloud Cost Management, Wolters Kluwer
  • Amanda Gingras, Product Manager, Moody’s Corporation
  • Chris Malonis, Account Executive, CloudHealth
  • Chris Weitz, Managing Director, Cloud Cost Management LLC
  • Daniel Lott, CloudOps Analyst
  • David Shepard, EVP Sales & Marketing, CloudAdmin
  • Joseph Matthew, Director of Technology, Software WORX
  • Pawel Gieniec, CEO & Founder, CloudAdmin
  • Stephen Worotynec, Technology Leader, SDLC & DevOps
  • Ted Kicey, Managing Director, Cloud Cost Management LLC

Your Challenge

  • Traditional IT budgeting and procurement processes don't work for public cloud services.
  • The self-service nature of the cloud means that often the people provisioning cloud resources aren't accountable for the cost of those resources.
  • Without centralized control or oversight, organizations can quickly end up with massive AWS bills that exceed their IT salary cost.

Our Advice

Critical Insight

  • Most engineers care more about speed of feature delivery and reliability of the system than they do about cost.
  • Often there are no consequences for over architecting or overspending on AWS.
  • Many organizations lack sufficient visibility into their AWS spend, making it impossible to establish accountability and controls.

Impact and Result

  • Define roles and responsibilities.
  • Establish visibility.
  • Develop processes, procedures, and policies.

Research & Tools

Start here – read the Executive Brief

Read our concise Executive Brief to find out why you should take control of cloud costs, review Info-Tech’s methodology, and understand the four ways we can support you in completing this project.

1. Build cost accountability framework

Assess your current state, define your cost allocation model, and define roles and responsibilities.

2. Establish visibility

Define dashboards and reports, and document account structure and tagging requirements.

3. Define processes and procedures

Establish governance for tagging and cost control, define processes for right-sizing, and define processes for purchasing commitment discounts.

4. Build implementation plan

Document process interactions, establish program KPIs, and build implementation roadmap and communication plan.

Guided Implementations

This guided implementation is a thirteen call advisory process.

Guided Implementation #1 - Build cost accountability framework

Call #1 - Scope requirements, objectives, and your specific challenges.
Call #2 - Review capability assessment, budget model, and reporting model.
Call #3 - Review roles & responsibilities and glossary.

Guided Implementation #2 - Establish visibility

Call #1 - Review architectural patterns and service cost cheat sheet.
Call #2 - Review dashboards and reports.
Call #3 - Review account and tagging scheme.

Guided Implementation #3 - Define processes and procedures

Call #1 - Review tagging and cost governance policies.
Call #2 - Review right-sizing process.
Call #3 - Review commitment process.
Call #4 - Review alerting/notifications and change procedures.

Guided Implementation #4 - Build implementation plan

Call #1 - Review process interactions and changes.
Call #2 - Review KPIs.
Call #3 - Review implementation roadmap.

Onsite Workshop

Unlock This Blueprint

Book Your Workshop

Onsite workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn't enough, we offer low-cost onsite delivery of our project workshops. We take you through every phase of your project and ensure that you have a roadmap in place to complete your project successfully.

Module 1: Build Cost Accountability Framework

The Purpose

  • Establish clear lines of accountability and document roles and responsibilities to effectively manage cloud costs.

Key Benefits Achieved

  • Chargeback/showback model to provide clear accountability for costs.
  • Understanding of key areas to focus on to improve cloud cost management capabilities.

Activities

Outputs

1.1

Assess current state

  • Cloud cost management capability assessment
1.2

Determine cloud cost model

  • Cloud cost model
1.3

Define roles and responsibilities

  • Roles and responsibilities

Module 2: Establish Visibility

The Purpose

Establish visibility into cloud costs and drivers of those costs.

Key Benefits Achieved

Better understanding of what is driving costs and how to keep them in check.

Activities

Outputs

2.1

Develop architectural patterns

  • Architectural patterns; service cost cheat sheet
2.2

Define dashboards and reports

  • Dashboards and reports
2.3

Define account structure

  • Account structure
2.4

Document tagging requirements

  • Tagging scheme

Module 3: Define Processes and Procedures

The Purpose

  • Develop processes, procedures, and policies to control cloud costs.

Key Benefits Achieved

  • Improved capability of reducing costs.
  • Documented processes and procedures for continuous improvement.

Activities

Outputs

3.1

Establish governance for tagging

  • Tagging policy
3.2

Establish governance for costs

  • Cost control policy
3.3

Define right-sizing process

  • Right-sizing process
3.4

Define purchasing process

  • Commitment purchasing process
3.5

Define notification and alerts

  • Notifications and Alerts

Module 4: Build Implementation Plan

The Purpose

Document next steps to implement and improve cloud cost management program.

Key Benefits Achieved

  • Concrete roadmap to stand up and/or improve the cloud cost management program.

Activities

Outputs

4.1

Document process interaction changes

  • Changes to process interactions
4.2

Define cloud cost program KPIs

  • Cloud cost program KPIs
4.3

Build implementation roadmap

  • Implementation roadmap
4.4

Build communication plan

  • Communication plan

Search Code: 95040
Published: November 5, 2020
Last Revised: November 5, 2020

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