Operations | Monitoring | ITSM | DevOps | Cloud

Cost Management

The latest News and Information on Cost Management and related technologies.

Cloud Migration 101: The Complete Guide To Migrating To The Cloud

Cloud migration is the new gold rush, judging from the results of a survey involving 1,283 IT professionals. The survey shows that 88% of companies already use the cloud for some applications and data. Another 80% said they will have moved to cloud and co-location services by 2025. While 87% of respondents said the pandemic accelerated their cloud migration strategy, many companies’ transition plans had been in the works for years.

Powering Forecasting with Machine Learning: The Future of Managing Cloud Costs

As cloud computing continues to grow in popularity, so does the need for accurate cloud cost forecasting. With cloud costs being variable and unpredictable, it can be difficult to know how much you’re going to spend each month, a problem that can lead to budget overruns and financial problems. This makes cloud cost forecasting a necessary step in owning and managing your cloud efficiently. In simple terms, cloud cost forecasting is the process of predicting future cloud costs.

AWS Bans RI Resale - What This Means For Cloud Users

This holiday season, AWS made waves by dropping a bombshell announcement: “AWS does not permit the sale of reserved instances (RIs) obtained through a discount program (per AWS Service Terms 5.5).” In other words, AWS is banning the resale of discounted RIs in their RI Marketplace. (See the full policy here, section 5.5.) The ban officially goes into effect on January 1, 2024.

How To Use AWS Organizations To Optimize Costs

Amazon Web Services (AWS) offers a plethora of cloud-based services that cater to various needs, from computing power and storage to machine learning and analytics. As organizations scale their cloud infrastructure, managing multiple accounts and services can become increasingly complex. This is where AWS Organizations comes into play.

Flexera Vs. CloudHealth: An In-Depth Comparison

VMware’s CloudHealth and Flexera market themselves as two of the best cloud management platforms today. For organizations with on-premises, cloud, and SaaS operations, both offer a wide range of enterprise-level tools and capabilities. Additionally, both companies offer cloud security, compliance, and governance solutions. Yet, each cloud governance platform has its strengths. Each has its tradeoffs. So, before you choose Flexera or CloudHealth, here’s what you need to know.

What Is Cloud Scalability? Benefits And Tips For Every Organization

One of the major benefits of choosing the cloud over on-premise architecture is the ability to easily and quickly scale — but what does scalability mean in cloud computing? If your business is in the process of growing, it’s important to know your technology options so you can make informed decisions on how to scale. In this article, we cover scalability in cloud computing, its benefits, and more. Let’s get to it!

Why Hourly Granularity Is Necessary For Effective Cloud Cost Management

Cloud spenders of all sizes, but particularly those who have exceeded the $50,000 a month benchmark, know how challenging it can be to extract meaningful insights from their spend environments. As a digital-native company grows, its spend environment naturally gets more complicated — and without a strong organizational framework, what could be a treasure trove of data turns into a rat’s nest of semi-organized, confounding figures.

6 Ways To Get Engineers More Involved In Cloud Costs

As a SaaS leader, you probably understand how crucial it is to get your engineers to make strategic cloud cost decisions. After all, your engineers are responsible for most of the cloud operating costs within your company. Unfortunately, getting engineers to care about costs isn’t always intuitive or easy. In fact, it’s commonly thought to be one of the most difficult challenges faced by SaaS leaders and FinOps specialists.

One spot for FinOps: Introducing Cost Intelligence and Billing Engine

Wherever you are on your cloud journey, you’re likely under pressure to cut or at least control your cloud spend. You may be undertaking “quick fix” cost cutting tactics such as turning off resources or moving workloads to cheaper services. But, as you may be finding out, tactical, reactive cost management activities generally only work for the short term and do not solve systemic inefficiencies that only increase over time if not addressed.