5 Ways To Optimize Cloud Costs

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Cloud migration is an expensive investment for any enterprise infrastructure. Followed by migration, cloud management again costs money which is why it is important to optimize various factors that not only lower the cost but also provide extra benefits to the cloud infrastructure.

From providing security and speed to improving productivity, a well-managed cloud offers flexibility and scalability to the infrastructure. Some of the major benefits of a well-managed cloud include transparency, operation agility, robustness and reliability, and security.

Effective cloud management services will not only help you save cost but also improve the security in the cloud and here are five ways to achieve the same:

1. Lay down the engagement rules

IT teams can take advantage of innovations and features like on-demand automation and testing offered by the cloud. To keep things organized, it is important to create policies and lay down some engagement rules so that the teams can focus on the particular issues to be fixed without undermining the benefits of the cloud.

Some of the most common cloud policies include Financial Management Policy, Security Policy, Right-sizing Policy, and Performance Management Policy.

2. Storage-optimization

There are a variety of storage options offered by various cloud vendors which can increase the overall cloud performance and provide cost cuttings. Cleaning up storage during the cloud migration is another effective way to enhance cloud performance. Keeping factors like performance, retention, and access patterns in mind; the storage can be further optimized.

The performance of any data can be directly influenced by the location of the data. For instance, the data is stored in a multi-regional location that is potentially closer to the end-users which enhances the overall availability of data and performance of users.

Retaining the required data which is valuable today as well as tomorrow and getting rid of the rest can help you enhance the life cycle of data storage.

It is important to keep a check on the means used by end-users to access your data. It helps you control the amount of storage and can eventually reduce the cost.

3. Silo Security

Using CSP for security is not enough as they only look after their data centers instead of your data. Integrating security principles throughout the environment can provide more robust and resilient architecture. Please ensure that security at every layer does not hinder the user-experience or cloud performance.

4. Right skill-set

Since the cloud is a complex mixture of connections, resources, components, and services; it is important to understand the interaction of each element with one another and equipping your team with the right skill set to do so.

5. Adopt Multi-cloud Approach

Measuring a cloud provider’s performance is not an easy job. Whilst some of the Enterprises benefit from building applications with one communications service provider (CSP), there is a significant increase in a multi-cloud approach. The multi-cloud strategies might sound complex but these provide you the best of all the communication service providers while offering enhancements in the cloud structure.