Arcom ICT News
Posts from 2024

Real Strategies for Mastering Cloud Spending

Real Strategies for Mastering Cloud Spending

Building a Cloud Experience Without Bursting the Budget

As a forward-thinking CIO or technology leader, you understand the transformative potential of cloud adoption. But stakeholders scrutinise every line item, and you can't afford any hefty cloud overspend penalties this fiscal year.

So how can you construct a future-proof cloud strategy while keeping a laser focus on total cost of ownership (also known as TCO)? We’re breaking down the steps you can take to build a clouse experience without bursting your budget.

Right-Size Your Resources

Say goodbye to the outdated practice of overspending on unnecessary resources. By switching to a more efficient approach to manage your infrastructure, you can tailor your resources to match what you actually need.

One of the best way to avoid expenses is by carefully analysing and adjusting your resources to align with cloud economics. Break down large applications into smaller, cloud-native components to enhance efficiency and reduce costs significantly.

Implement Effective Cloud Finance Management

Get a full grasp of how much you’re spending on cloud services across various platforms using advanced financial management tools. Set up budget alerts and automate workflows to help you catch and fix instances of wasteful spending.

To keep a close track of your costs, invest in robust solutions equipped with detailed analytics and allocation features. This will help you make smart adjustments to your cloud budget and spend wisely.

Leverage Data Storage Optimizations

If possible, move away from expensive on-premises storage systems and tap into the advantages of cloud-based storage solutions. Explore the diverse storage tiers provided by leading cloud providers to achieve enhanced scalability and cost efficiency. Implement lifecycle policies to automate data migration, optimising storage usage and slashing costs significantly in the process.

Establish a Cloud Center of Excellence

Build a dedicated team focused on championing cloud best practices and maximising cost efficiency across your organisation. Collaborate with experts from diverse departments to develop and implement policies and standards that align with your cloud strategy.

By centralising oversight and leveraging automation, you can proactively identify and mitigate unnecessary expenses while also negotiating favorable pricing terms with cloud providers. This collaborative approach ensures that everyone is aligned toward the common goal of optimising cloud usage and minimising costs.

This website uses cookies to ensure you get the best experience on our website. Read our Privacy Policy to find out more.