COVID 19 too has been one of the major accelerators for cloud adoption with 40% of businesses moving their operations for business continuity from distributed environments. With cloud optimization, resources lets you immediately save costs. For instance, when you scale down a resource, it lowers your bills. Escalation in the cloud can occur in several ways. Read more: https://nuvento.com/blog/managing-cloud-spend-to-cut-costs-and-increase-business-productivity/

1. Managing cloud spend
to cut costs and
increase business
productivity
www.nuvento.com

2. Why cloud escalations
happen
• Availing services businesses won't use increases
spend
• Choosing a vendor without comparing vendor
costing
• Not understanding offering possibilities and
paying to maintain systems
• Deploying cloud solutions within teams without
IT intervention
• Running services when not in use

3. • Overprovisioning large compute instances
instead of necessary medium or small ones
• Choosing standard configuration without
considering reserved or spot instances
• Using the services of multiple vendors increases
complexity
• Unnecessarily storing data for longer than
required
• The complexity of vendor cloud services billing

4. Where you can save
cloud costs
Compute
instances
Compute
instances
Compute
instances
Overprovisioned
instances
Idle instances
High-cost instances
Accumulate
unattached volumes
Old snapshots
Expensive storage
options

5. How to reduce your
cloud bills
• Identify unused or
unattached resources
• Rightsizing services
• Finding idle instances and
consolidating into fewer
instances
• Using heatmaps for easily
establishing start and stop
time
• Investing in reserved
instances
• Using spot instances for quick
termination tasks

6. Thank You