Director of IT in Services (non-Government), 5,001 - 10,000 employees
Utilizing capacity reservations such as Amazon Reserved Instances and savings schemes like AWS Savings Plans targets low hanging savings possibilities.Intelligent Cloud Capacity Optimization
intelligently matching the best instance and resource configuration for your cloud workloads
Chief Information security officer in Finance (non-banking), 5,001 - 10,000 employees
Multiple native application & external SaaS application can be used to monitor cloud usage & can help to control Capex/Opex. It also gives you an alarm if its going to touch the threshold of defined amount. Also, you can plan to remove the unnecessary workloads/apps if not in use.Senior Information Security Specialist in Transportation, 5,001 - 10,000 employees
We need to control our cloud costs (eg memory, storage, traffic, etc.) and optimize regularly to reduce spend whenever possible.Director of IT in Education, 501 - 1,000 employees
Constant monitoring, but also constant communication with the cloud provider's relationship manager, to strike deals whenever possibleDirector of IT in Education, 5,001 - 10,000 employees
Ensure a sound contract (expert/lawyer to review your service contract ) in place with your service provider, spelled the statement of work in details, include precise cost structure, penalties, and no vague or subject terms. Implement a cloud cost management tool to monitor usage and optimized and right sizing resources. Sometimes you costs go up significantly with little support things, like a call for asking a question or getting a simple report.CIO in Healthcare and Biotech, 5,001 - 10,000 employees
- Visibility of usage and associated cost - using tools and monitoring to meter projected costs- Regular planned review to identify unused instances that can be cancelled/repurposed.
- Performance review to understand utilization and perfoming optimization
- Vendor strategy to work in a hybrid cloud model to facilitate competition for new cloud requirements
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Head of Cloud & Platforms in Banking, 1,001 - 5,000 employees
A compelling objective; curious to learn from others. My experience, though relatively recent due to the recent budget focus on this topic, emphasises the importance of understanding the organisation's model, culture, ...read more
I use multiple SaaS tools for cost management that can really help you understand your cost and can help chargeback different departments if there is a need for it.
Which cost management tools would you recommend?