Cloud Cost Optimization
Cloud cost optimization reduces cloud spend through right-sizing, reservations, elasticity, and other levers without sacrificing performance.
Purpose
Reduce cloud resource costs and improve utilization efficiency.
Mechanism
Right-sizing: match instance specs to actual demand. Reserved instances/committed discounts: prepay for stable workloads. Elasticity: scale on demand. Spot/preemptible: cheap instances for fault-tolerant batch jobs. Storage lifecycle: move cold data to infrequent-access storage.
Use cases
- Cost control
- Resource optimization
- FinOps