Cloud cost management or cloud cost optimisation refers to organisational planning that allows you to manage as well as understand the needs of cloud technology.
In other words, hybrid cloud management refers to finding cost-effective ways for cloud usage.
With cloud infrastructure acquiring complexity, it is becoming very difficult to track cost.
Moreover, the pay per use models are adding up further difficulties.
Though the pay per use models seems to be more user-friendly, as you are paying up only for the resources you are using, there are costs that add up from nowhere. This happens more when decision making is not centralised across the organisation.
So, you must use a cost management strategy to keep the costs down while you use the infrastructure.
To make smarter economic choices, you must understand the subtleties of cost factors. It is crucial to consider the hidden costs associated with cloud as well, especially hybrid cloud.
Create Complete Orchestration
Managing multiple cloud platforms cause complex IT processes as well as slow operations.
You can use effective hybrid cloud tools for promoting integrated cloud service.
This way, you can pass on dependencies and data reliably regardless of whether you use on-premise, cloud or hybrid environment.
You can use low-code API standardization for connecting to the API standpoints, making space for seamless integration with AWS, Google Cloud or any other cloud management platform.
Watch Usage Pattern
Never wait till you receive the bill.
Well, you may or may not get surprise bills.
Make sure you don’t wait for the bill to analyse or optimise your spending.
Cost reduction must be treated as priority in this pandemic situation.
Monitor the shifting usage patterns for different cloud applications as your employees work from home.
Start by re-considering your budget, develop spending agreements and terminate unidentified expenditure.
Know where exactly you are spending money to better manage hybrid cloud costs.
Prevent Delay
As cloud resources can be accessed easily and do not cost much, sharing across departments is common.
When all are using the same resources, bottlenecks are common.
How about using a few SLA or service-level agreement tools?
You can create alerts so that there are no SLA breaches. This is one of the best ways to stay proactive and there are multiple tools you can use to alert you when the expenditure crosses the expected range.
Ensure Security
Even today, several organisations depend on on-premises infrastructure because of security concern with cloud solutions.
For coordinating a hybrid IT model, establish secure connection between virtual machines and schedulers.
This will help to safely distribute workload across the off-premise environments. You can do this through TLS and SSL connection. You can also use a multi-tenant architecture which can designate permissions and access to different users depending on organisational requirement.
This will ward off unauthorised users of accessing secure information.
Opt for powerful cloud management tools as they help to maximise your cloud and virtual investment without sacrificing on the control you have on on-premises infrastructure. Proper cost management will ensure not just decreased expenditure, but effective usage and better performance as well.
