How Cost Optimization can help me reduce my Cloud bill by upto 75%
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The document outlines six steps for optimizing cloud costs, potentially reducing bills by up to 75%. It includes recommendations for switching to reserved instances, rightsizing resources, optimizing reserved instance utilization, scheduling instances, terminating orphaned resources, and identifying under-utilized resources. Each step provides specific strategies to achieve varying levels of cost savings.
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How Cost Optimization can help me reduce my Cloud bill by upto 75%
- 1. How Cost Optimization can help me reduce my Cloud bill by upto 75%?
- 2. Instance Reservation Step - 1 Save an average of 30% on your Cloud costs by switching from on- demand to reserved instances 30% Cost Optimized
- 3. Resource Rightsizing Step - 2 Get upgrade or downgrade recommendations based on a combination of your CPU, Memory, Disk and Network utilization. 45% Cost Optimized
- 4. Reserved Instance Utilization Step - 3 Centilytics helps you identify under-utilized RIs to get cross- account and cross-instance views. 55% Cost Optimized
- 5. Instance Scheduling Step - 4 Shutdown your non- production workloads to avoid incurring cost for idle instances. 65% Cost Optimized
- 6. Orphaned Resource Termination Step - 5 Eliminate cost leaks incurred from orphaned resources lying unnecessarily in your infrastructure. 70% Cost Optimized
- 7. Under-utilized Resource Identification Step - 6 Get actionable insights to identify and remediate resources with consistently low utilization. 75% Cost Optimized