So you got through the first article in the series? Congratulations, it's the longest one! In it, we took a detailed look at how many different elements go into pricing cloud resources‚ Availability Zones, performance SLAs, drive types, and tenancy types, to name a few. We also explained different ways to reduce your costs, including pre-provisioning resources instead of buying more expensive on-demand instances.
Do you want to do a better job of managing cloud costs? Most organizations do. Analysts and industry experts report that a quarter of cloud spending is misapplied — spent on overprovisioning, ghost resources, and using high-performance drives for low-performance workloads. And those are just the obvious problems. More subtle problems are harder to find and fix, so wasted expenditure is probably even higher.
If cloud cost optimization is one of your top priorities, you and your dedicated cloud teams (responsible for driving optimized cloud architectures and cloud management) could benefit from some proven ideas and tools for making the job easier. That's why, in this post, we’ll explore best practices for cloud cost management while seeing how one of our tools, NetApp® Cloud Insights, can expose cloud cost inefficiencies across your entire cloud infrastructure, including hybrid and multicloud. We’re here to help, and we have a track record of helping companies reduce their cloud costs by as much as one-third.