Cloud Cost Optimization Strategy

Cloud cost optimization is a critical task that helps reduce unnecessary costs and effectively utilize necessary resources.

What are some effective strategies for optimizing cloud costs?

Cloud professionals typically leverage the following four strategies to effectively optimize costs:

1. Delete unused resources

2. Rightsizing

3. Power Schedule Management

4. Pre-order

CloudXper, a cloud optimization solution, develops each of the four strategies presented above into individual services and provides them to users. The AI Optimization Diagnostic Service integrates the individual strategies presented above into one, providing an even easier and simpler optimization service.

Now, let’s take a quick look at the services for the four optimization strategies through the guide provided below.

Let's proceed with cost optimization through an actual CloudXper service example.

Step 01. Check for additional savings opportunities

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The AI Optimization home screen provides comprehensive information about cost optimization.

"Maximum possible savings" is a cost-saving item for this month. Maximum monthly savings that can be secured by taking all measuresYou can check it.

Additionally, below "Additional savings opportunity cost" is the cost that can be reduced as presented above. Amount of savings possible by strategyYou can find out.

Step 02. Check details

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Click the icon on the right to see detailed items that correspond to additional savings possible. Please select .

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Selecting the button will take you to the "Optimization Diagnosis Details" screen, where you can check the action items corresponding to cost optimization / reliability / security / performance / operational efficiency.

[Image 1]

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At this time, if you use the "Cost Optimization Recommendation Ranking" sorting of (3) in the figure above, you can provide action items in the order suggested on the main screen (see [Image 1]) and take action on cost optimization items in the optimal order.

Additionally, the current screen displays information related to cost optimization classification.

1. Diagnostic items (including importance and status - Critical / Important / Recommended / Completed)

2. Cost Optimization Category/Item-by-Item Cost Savings

3. Sortable (Importance / Penalty / Opportunity Cost)

Please note that only the Cost Optimization section is active in the "Category" section of the screen accessed based on the link to view detailed information about Cost Optimization.

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If you select the "Unused Volume" item from the list, which will save you $18.25 per month when you take action, you will see the following information:

Item Description

1. Description of the "Unused Volume" action item

2. Recommendations for action

3. References → Links to relevant documents related to the action item

4. Related Menu → CloudXper internal service that detected the action item

Resource Mapping Table for Action Items

1. Resource identification information ( AccountNo , Region , Volume ID ... )

2. Monthly savings when taking action on an item ( Savings )

Through Steps 1 and 2, we identified potential monthly cost savings through optimization, action items, and corresponding resource information.

Now let's learn how to take action on specific items.

Step 03. Check the action method for each item.

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To the right of each item Selecting a button will immediately show you how to take action on the detected item.

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Above are the steps for the "Unused Volume" action item.

You can check everything from a description of the service to the information you need to actually take action.

Our AI Diagnostic Optimization service provides a comprehensive dashboard of costs, actual items, resource mapping, and action plans for quick and convenient cost optimization.

Let's use this to create a low-cost, high-quality cloud environment together~