Cloud Service Usage Analysis and Cost Optimization-Cloud Cost Optimization

Example

Detailed dashboards and reports that provide insights into current cloud expenditures, categorizing costs by service, department, or project.

Scenario

A software development company uses these tools to allocate cloud costs accurately across different teams and projects, enabling better budgeting and accountability.

Example

Analyzing computing resources to ensure they are being utilized efficiently, identifying idle or underused resources.

Scenario

An e-commerce platform discovers through analysis that their database servers are underutilized during off-peak hours. They then implement auto-scaling policies to adjust resources based on traffic, reducing costs.

Example

Suggestions to adjust the size or capacity of cloud services according to actual usage patterns, without sacrificing performance.

Scenario

A media company is advised to downgrade several oversized virtual machines used for video processing to smaller instances, as analysis shows that their CPU and memory resources are consistently underutilized.

Example

Predictive analysis tools that estimate future cloud spending based on historical usage patterns.

Scenario

A startup uses cost forecasting to predict their cloud expenses for the next quarter, helping them to secure funding and plan for scaling their infrastructure efficiently.

Example

Identifying unused or zombie resources (like unattached volumes or obsolete snapshots) that continue to incur costs.

Scenario

A financial services firm identifies and removes dozens of unattached disk volumes that were forgotten after project completions, leading to immediate cost savings.