AWS
Picking Spot Instance Types
Diversification Strategy for AWS Spot Instances to optimize costs and availability
AWS
Diversification Strategy for AWS Spot Instances to optimize costs and availability
Cloud
* You've followed the FinOps guidelines * You engaged key stakeholders * You implemented monthly cost reports * You established a robust tagging strategy. Yet, your cloud costs continue to rise inexplicably. The issue might lie in the frequency of your cost reporting. Problem: Traditional cost reporting is often monthly or quarterly,
Cloud
We can analyze cloud costs in three distinct ways: Unblended, Blended, and Amortized. Understanding each is crucial for effective cloud cost management. Unblended Costs: This method shows the usage cost precisely as it is charged on the day of use. It's the most straightforward approach and is widely
Cloud
Managing cloud resources can be likened to the evolution of home thermostats. Initially, thermostats were basic: set a temperature, then manually turn it on or off to maintain comfort. Similarly, early cloud management involved simple, manual controls. Next came programmable thermostats, allowing for temperature schedules based on time of day
CostSaving
Carefully consider how functions are triggered. For example, if you have a filter in your Lambda function to ignore certain events, it's a sign to reevaluate the trigger mechanism. The goal of serverless architecture is efficiency and cost-effectiveness, and unnecessary filtering can lead to increased execution times and
AWS
Allocation Tags are a cornerstone to Understanding your Cloud Cost Cost Allocation Tags are the cornerstone of effectively understanding the spending in your cloud environment. In the complexity of the clouds, where teams and projects are easily interconnected and sharing resources, implementing proper tagging practices becomes paramount. By strategically assigning
FinOps
Do you know when your users are active? If not, you are spending more on the cloud than you should. Traditionally, this information wasn't needed because on-prem systems were designed to maximize usage. However, this is a key metric you must understand with the cloud. Knowing this helps
CostSaving
If you use AWS ASG (Auto Scaling Groups), you should use SPOT instances. Cost Efficiency: Spot instances offer significant savings over On-Demand or Reserved Instances. On average, SPOT is about a third of the price of On-Demand and half the price of Reserved Instances. Optimal Resource Utilization: AWS ASG is
FinOps