How to reduce and control costs in a cloud environment

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When we start using something in the cloud, whether as individuals or as a company, we are very attracted to the idea of ​​being able to pay only for what is consumed. Limiting ourselves only to the business sphere, traditional on-premise infrastructure was running 24/7, and your company may not need that. We agree, the allure of the cloud is paying for what we consume; however, many companies are shying away from the cloud due to the high costs and hefty bills they have had to bear due to (mis)use of this service. Don't worry, in this blog, we share some tips to avoid surprises in the cloud:

  • Defining procedures. Establishing appropriate procedures for operating cloud services is crucial. How? By defining a good operating methodology, a good IT governance model, and a good cloud governance model (such as flexibilizing capacities, defining service hours...). For this, it is important to have a provider who, in addition to supplying cloud consumption, accompanies you in devising a comprehensive cloud strategy.

  • Limiting usage. Projecting and defining how far I can grow in the cloud so that it doesn't operate like a taxi meter or a faucet with the water running. When you create a testing or development environment in a company, for example, you have to enable it only for the time you'll need it.

  • Cloud storage. The concept of cloud storage includes different storage TIERs that allow us to have either more cost-effective storage or storage with lower performance. I can have super-fast storage or less fast storage. Clear understanding of the usage-based pricing policies of each hyperscaler is key at this point for controlling costs in the cloud.

  • Finops, or cloud financial operations. As cloud services grow, it's important to combine management best practices with cost or financial management best practices as well. There are tools that help us manage costs in the cloud; some vendors have their own cloud cost management tools, and there are also other market tools that work well, such as ARNES or SPOT. How do they work? For example, if you consume $200,000 monthly in the Cloud, the company advises you on how to save $100,000 and keeps approximately 30% of the savings, meaning they would keep $30,000, and you would save $70,000.

 

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Here's how we do it at Serban Group.

In SGX Cloud, we offer hybrid cloud services in a pay-per-use model. We offer dynamic solutions that include a 100% private cloud or a hybrid cloud extending from private to public environments.

We have a consumption-based pricing model as flexible as being able to allocate costs according to the organization's cost centers. With over 20 years of experience, we have achieved cost optimizations for our clients in private cloud environments of up to 40%.

Feel free to consult with us, and we'll explain how we do it without any obligation.

 

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