Published: 25 April 2017
Summary
If it doesn't apply cloud optimization technology based on agile microsourcing, automation and DevOps, then public cloud infrastructure-as-a-service projects can balloon beyond its initial budget. I&O leaders should use the following 10 moves to lower IaaS costs for Amazon Web Services deployments.
Included in Full Research
- No. 1: Use the Right Tools to Track and Manage
- AWS Tools
- Cloud Service Expense Management
- Open-Source CSEM Options
- Cloud Management Platforms, IT Service Management and Automation Platforms With CSEM Characteristics
- Specialized CSEM SaaS Tools
- No. 2: Use Consolidated Billing and Tagging for Optimization and Chargeback
- Consolidate Billing
- Tagging
- No. 3: Exploit Cloud Economics (Turn Things Off)
- No. 4: Rightsize Initially, Baseline After Three Months, Rightsize Again and Repeat
- Instance Family Generations
- Burstable Instances
- No. 5: Use RIs to Diversify Your Portfolio
- Standard RIs
- Convertible RI
- When Each Should Be Used
- Focus on a Fiscal Break-Even Point
- No. 6: Use Storage Life Policy Rules
- No. 7: Use Private IP Addresses and CloudFront, and Be Opportunistic About Network Egress Costs
- No. 8: Use Spot Pricing
- No. 9: Understand Long-Term, Application-Driven, Cost Optimization Intersections
- Containers and Microservices
- Database Replatforming
- More-Advanced Spot Usage
- No. 10: Invest in a Cloud Cost Optimization Center of Excellence
- Bottom Line