Cloud Cost Optimisation
Do you know you can reduce your cloud spend by an average of 35% by properly optimising your cloud resources?
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Right-Size, Right-Buy, Optimise & Repeat
Guy Warren discusses the cyclical stages for true Cloud cost optimisation
In this brief webinar ITRS Group's CEO Guy Warren discusses the state of the industry when it comes to optimising Cloud spend. He identifies the exercises which most companies are undergoing already, and provides insight into optimising the process.
Right-Size
Highly granular data capture of resources. Identify the sizes of instances needed for each application workload. Determine optimum configuration of burstable or non-burstable instance. Identify idle times and workload periodicity. Understand the capacity of Hybrid-IT. Bring work back from the cloud if on premise capacity allows it.
Right-Buy
Identify where the instance needs to run (location) and optimise for cost/performace. Identify the best way to buy the instance depending on how long it will be running. Identify how long an instance should run, and if it is idle, how long before it should shut down. Continually analyse the cloud provider billing engines to identify optimal usage and policies.
Optimise
Right-Size at the application level by correlating business demand with cloud service utilisation. Plan for growth and predict upcoming costs with advanced predictive analytics and Forward Thinking what-if scenario modelling. Improve business process with Service Management integration. Manage across Hybrid-IT, on prem and multi-cloud in a single tool with consistent reporting regardless of environment.
"Public Cloud is a 230 Billion industry growing at 22% p.a. Cloud providers offer some data/tools to help manage costs, but with this level of complexity, it is not surprising 35% of cloud spend is wasted."
"Through 2024, nearly all legacy applications migrated to public cloud infrastructure as a service will require optimisation to become more cost-effective."
GARTNER
CIO and Head of Infrastructure, Capacity Management
Concerns
Job has changed to encompass cloud. Managing a hybrid IT environment with many different tools and no single source of truth. Growing costs with little visibility into the reasons for increased costs. Organization applying pressure to move to cloud but needs to demonstrate how to move to cloud, when to move to cloud and if it really is the most cost effective approach.
ITRS Solutions
- Single pane of glass across Hybrid IT.
- Right-sizing and Right-buying for migrations to multi-cloud.
- Consistent measuring and reporting of costs and opportunities regardless of platform.
- Detailed understanding of demand and opportunities to reduce idle time to save costs.
Head of Service Management, Software Architecture
Concerns
Cloud application costs spiralling. Managing a combination of on-premise and in-cloud applications. On-premise applications expected to move to cloud but a "like for like migration" is likely going to lead to increased costs. Unable to forecast costs based on increased demand and likely cloud utilization. What is the most cost effective use of cloud services?
ITRS Solutions
- Right-sizing and right-buying per application.
- Detailed analytics on application resource profile to determine optimum cloud configuration and savings opportunities.
- Correlation of volumes with cloud resources to determine how cloud service usage and cost will increase as demand increases.
- Visibility into the "transactional" cost of using the cloud by determining the cross-service cost servicing demand.
