Cloud Cost Management: Optimizing Your Cloud Footprint
Cloud Cost Management: Optimizing Your Cloud Footprint Cloud cost management is not only about lowering expenses. It’s about understanding how and why you spend, so teams can work more efficiently. Start with visibility: know what runs, which projects pay for it, and when costs spike. Without clear data, it’s hard to make good choices. A practical plan has four goals. First, improve visibility and tagging. Enable cost and usage reports, and tag resources by project, environment, or owner. Second, right-size what you run. Compare usage to the size of your instances, storage classes, and data transfers, and resize when needed. Third, choose pricing that fits your pattern. Use reserved instances or savings plans for steady workloads, and consider spot instances for flexible, non-time-critical tasks. Fourth, automate and govern. Schedule non-production workloads, set budgets, and create alert thresholds so you catch spikes early. ...