How Do You Save Costs in a Cloud Environment?

Cloud costs can quickly spiral out of control with unused or underutilised resources, unpredictable pricing updates, and unnecessary investments in storage or software licences. But this doesn’t have to be the case.

Want More Cloud, Less Costs?

Cloud Cost Optimisation is the process of reducing your cloud spending by identifying and optimising ill-managed resources, reserving capacity for higher discounts, eliminating unnecessary resources, and right-sizing computing services to better fit your Cloud environment.

In today’s fast-paced business landscape, the demand for powerful cloud infrastructure has never been greater. However, as businesses scale and adopt the cloud, managing, and optimising costs can become increasingly complex. At Deimos, we understand the delicate balance between leveraging cutting-edge cloud technology and maintaining a sustainable budget. Our mission is to empower businesses with innovative solutions that are both cost-effective and efficient.

The Need for Continuous Cloud Cost Optimisations

Wouldn’t it be great if you could set up a cloud environment and expect your costs to run smoothly? Unfortunately, the cloud doesn’t work that way.

A static approach to cloud cost management is no longer sufficient. As cloud environments evolve, so do their associated costs. Continuous cloud cost optimisation is essential for ensuring that your cloud infrastructure remains financially viable. This involves regularly reviewing and adjusting your cloud resources to align with current business needs.

Our cost optimisations are aimed at not only assessing and optimising your spend, but also at advising you on how to unlock further value through reserved resources and committed usage discounts.

Optimising Your Cloud Spend Without Compromising on Quality

We use a variety of strategies to optimise your cloud spend without compromising on quality:

1. Rightsizing Resources: We regularly analyse your resource usage to ensure you are not over-provisioning or underutilising. By selecting the appropriate instance type and size to match your actual needs, we help you avoid unnecessary expenses.
2. Leveraging Reserved Instances and Commitment Use Discounts: Most cloud providers offer commitment use discounts for long-term commitments to reserved instances. These discounts provide significant savings on cloud usage if you have predictable workloads.
3. Auto-Scaling: We implement auto-scaling policies that automatically adjust resources based on demand. This ensures you only pay for what you use, particularly during peak and off-peak periods.
4. Optimising Storage Costs: We use tiered storage solutions to align data storage costs with data access patterns. Frequently accessed data is stored on high-performance (and more expensive) tiers, while infrequently accessed data is moved to more cost-effective storage options. Additionally, we identify and eliminate unused or unnecessary data to further reduce costs.
5. Monitoring and Alerts: We set up monitoring and alerts for cost anomalies, enabling you to detect and address unexpected cost spikes promptly.
6. Idle Resources: We identify and eliminate idle instances or services that are not being actively used. By automating the shutdown or scaling down of idle resources, we ensure you’re only paying for what you actually need.
7. Custom Machine Types: We leverage custom machine types that allow you to tailor CPU, memory, and storage resources to specific workloads, providing flexibility and cost-efficiency for specialised applications.
8. Bin-packing: We efficiently pack multiple workloads onto a single instance to maximise resource utilisation and reduce costs. By analysing workload resource requirements, we group workloads together and allocate resources effectively.
9. Rearchitecting: We redesign your applications and infrastructure to reduce cloud resource usage and optimise performance. This may involve moving to serverless architectures, leveraging cloud-native services, or adopting containerisation technologies.

Pay Cloud Spend in Your Local Currency

Managing cloud costs can be challenging enough without the added complexity of fluctuating exchange rates. At Deimos, we offer the convenience of paying your cloud expenses in your local currency. This not only simplifies your accounting processes but also provides greater predictability and control over your budget. By eliminating the uncertainties of currency conversions, we help you focus on optimising your cloud strategy without financial distractions.

Summarising Deimos’ Techniques as a Cloud-Agnostic Company

At Deimos, our approach to cloud cost optimisation is grounded in transparency, expertise, and a commitment to delivering best-in-class solutions that meet your unique needs. Here’s how we can help:

Comprehensive Cloud Audits: Our team conducts thorough audits of your existing cloud infrastructure to identify inefficiencies and areas for potential savings. We review your resource allocation, usage patterns, and spending trends to develop a tailored optimisation plan.

Customised Optimisation Strategies: We understand that no two businesses are the same. Our experts work closely with you to create customised optimisation strategies that align with your specific operational and financial goals. Whether it’s implementing advanced automation or refining your resource management practices, we ensure that our solutions are both effective and adaptable.

Continuous Monitoring and Improvement: Cloud environments are dynamic, and so are our optimisation efforts. We provide continuous monitoring and regular reviews to ensure your cloud costs remain in check. Our proactive approach allows us to make real-time adjustments, ensuring your cloud infrastructure is always operating at peak efficiency.

Empowering Your Team: We believe in empowering your team with the knowledge and tools they need to manage cloud costs effectively. Through workshops, training sessions, and ongoing support, we help your team develop the skills necessary to maintain an optimised cloud environment.

Transparent Reporting: Transparency is at the core of our service. We provide clear and detailed reports on your cloud usage and cost savings, allowing you to see the tangible benefits of our optimisation efforts. Our goal is to build trust through honest communication and demonstrable results.

Conclusion

Effective cloud cost management is important for maintaining flexibility and scalability in today’s business environment. At Deimos, we combine our technical expertise with a personable approach to deliver efficient cloud cost optimisation solutions. By partnering with us, you can focus on what you do best—driving innovation and growth—while we ensure your cloud costs remain under control.

Ready to optimise your cloud strategy? Chat to us, let’s embark on this journey together.

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