Organizations that underuse or overprovision resources frequently end up overspending in the cloud. In fact, a recent survey of IT decision-makers revealed that more than 90% of respondents’ organizations had significant, avoidable expenses in the cloud.
To avoid being one of the organizations that excessively overspend in the cloud, it’s important to optimize your cloud infrastructure and strategy. Learn how to shift your approach to reduce costs while maximizing the return on your cloud investment.
Why is an Optimized Cloud Strategy Important?
The right cloud strategy is important as it can enable your organization to realize multiple benefits including:
- Infrastructure and administration cost savings (OpEx and CapEx expenditures)
- A roadmap for migrating to a more cost-effective elastic cloud architecture
- Increased security of your data
- Progress toward your ESG goals and targets
- Increased scalability and flexibility
Considerations to Optimize Return on Your Cloud Investment
It is important to carefully plan and consider several factors before migrating to ensure a successful transition to the cloud. Some key considerations to ensure that short-term monetary gains don’t lead to long-term issues are:
- Optimizing cloud strategy
- Optimizing application architecture
- Optimizing cloud operations
- Optimizing disaster recovery
- Optimizing cloud development
- Optimizing cloud pricing
Optimizing cloud strategy
We advise organizations to start from the top with the future in mind. Optimize your service architecture to align current and future cloud capabilities to projected business needs and create a framework to maximize the efficiency of the cloud (or clouds) deployed.
Optimizing application architecture
Organizations can benefit significantly from reducing the technical footprint needed to deliver a particular service.
They can achieve this by leveraging modern microservices to enable automation and efficient use of cloud resources to optimize the cloud spend for a given business capability.
Optimizing cloud operations
Optimize the implementation of your cloud resources and operational processes to ensure it is fit for purpose. You want the appropriate investment for scale and resiliency.
With this in mind, you want to avoid overspending while still evaluating your current and future needs to ensure that the cloud services can support the expected growth and demands of your business.
Optimizing disaster recovery
Right-sizing your disaster recovery capability is essential. Your organization needs to achieve the necessary risk reduction at the lowest possible cost.
Learn more about building your enterprise disaster recovery plan here.
Optimizing cloud development
Leveraging DevOps CI/CD automation can greatly reduce the amount of cloud required for a particular development chain and improve reliability and time to market.
It does so by leveraging modern publishing capability to configure and deploy needed capabilities for the particular development activity and decommission them when the item is complete, improving overall quality and agility while lowering cloud cost.
Optimizing cloud pricing
Leveraging tools and processes to maximize discounts and lower prices for the resources that are deployed. This can be a one-time tactical price reduction or an ongoing audit function providing feedback to the overall cloud strategy.
3 Benefits of Migrating to the Cloud
Reduced Infrastructure Costs
Instead of having to invest in and maintain expensive on-premise hardware and software, businesses can now rely on the cloud for these services. This eliminates the need for businesses to spend money on hardware upgrades, software licenses, and other associated costs.
Furthermore, businesses only pay for the resources they use, allowing them to save money by avoiding overprovisioning.
Scalability and Flexibility
With the cloud, businesses can scale their resources up or down as needed, eliminating the need for overprovisioning. This allows businesses to respond quickly to changing business needs, making them more agile and flexible.
Additionally, businesses can access their data and applications from anywhere with an internet connection, improving collaboration and productivity.
Improved Security and Reliability
With the cloud, businesses can benefit from the expertise and resources of the cloud provider, ensuring that their data and applications are secure and reliable. Cloud providers typically invest in the latest security technologies and practices, making them more secure than traditional on-premise solutions.
Additionally, the cloud offers automatic backups and disaster recovery, ensuring that businesses can quickly recover from data loss or other unexpected events.
Assess and Optimize Your Cloud Platform with AIM’s Cloud Experts
Are you looking to optimize your cloud investment and save on costs? Request a cloud ecosystem consultation from our technology experts at AIM Consulting to help you take your cloud infrastructure to the next level.
Our cloud experts can identify areas for improvement and provide you with a customized plan to save money and optimize your cloud platforms.
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