There are many complexities that could create overspending in the cloud:
- Unclear cloud cost visibility
- Cloud sprawl in under-utilized of wasted resources
- Difficult-to-understand pricing and billing
- Management and process challenges with governance
- Incorrectly sized deployments on architecture
- Inaccurate forecasting
The problem is that, in addition to these commonly encountered complexities, there’s a misunderstanding that going to the cloud will automatically create cost savings for an organization. The best practice to achieve cloud cost savings in AWS lies in finding the right mixture of what you need, approaching each AWS featured resource and tool from a holistic viewpoint, which helps maximize workload cost optimization with performance.
In building this good foundation in the cloud, cost savings in the cloud depends upon three key areas: 1) architecture, 2) FinOps and 3) governance. InterVision explores these three areas of AWS optimization in the below blog series:
- How Do I Reduce My AWS Costs? Optimizing Architecture
- How Do I Reduce My AWS Costs? Utilizing Savings Plans
- How Do I Reduce My AWS Costs? Implementing Governance Controls
InterVision is proud to offer a Cloud Cost Optimization Service, which aims to help midsize, enterprise, and public sector organizations create the most ideal AWS environment for their goals. With an SLA-backed guarantee to identify 30% or more savings on monthly AWS costs (restrictions apply, contact us), this service delivers more savings for clients than any other offering in the market.
Delivered as part of our Cloud Migration Lifecycle Assurance (CMLA) program or as a stand-alone offering, InterVision’s Cloud Cost Optimization Service delivers immediate savings for clients while helping them establish a long-term cost savings culture within their organization.