Aligning Costs With Expectations On Your Multi-Cloud

June 19, 2019 in Cloud Computing



Aligning Costs With Expectations On Your Multi-Cloud

With the level of complexity (in terms of expanse, scope, operations and data requirements) in the cloud exhibiting a constant increase, Multi-cloud and hybrid infrastructures in organisations are becoming a commonplace phenomena. Cloud management in the case of multi-cloud environment becomes all the more essential for they are complex. When taken from different service providers – each with a set of different service contracts, organisations have a flawed setup on their hands, and executives may waste a lot of money without even realizing it. A recent report by Gartner approximates that about 80 percent of organisations will overshoot their cloud budgets by 2020 due to lack of optimisation

Aligning costs with expectations is possible only with a thorough analysis of the cloud management system, utility, requirement, effectiveness and efficiency for the organisation as a whole. There are so many options and providers available which makes the task of developing, running, storing and managing the most critical applications and data all the more frustrating. A few reasons for the shift to multi-cloud include:

  • Organisations often opt for a multi-cloud setup to avoid limitations they’d face with a single cloud provider or a single cloud setup.
  • Different applications in an organisation require different functions, for which a single cloud setup is unlikely to suffice.
  • A basketful of clouds helps the organisations in mitigating risk and protect the overall business. 

Strategic planning and decision making are essential to ensuring effectiveness and efficiency of a multi-cloud setup. A user could go in for a single cloud setup if their sole aim is to reduce costs and the scale of their business substantiates less requirement. Organisations often focus on the total cost of the public or private cloud services without analysing their present and future capacity requirements. Competition and complexity, combined with the will to leverage automation in order to avoid obsolescence, make it a compulsion. But strict budgetary procedures may not be a feasible solution to align costs as that may hamper management, monitoring and security. 

“The global public-cloud market will jump from $146 billion in 2017 to $178 billion in 2018. Beyond this year it will continue to grow at a 22% compound annual growth rate.” 

~Forrester’s cloud predictions

Public-cloud platforms represent the fastest growing segment of the public-cloud computing market. Another report by Mckinsey, claims 80% of companies will have of their 10% of workloads in public-cloud platforms by 2020. This highlights a greater need for cost alignments and to resolve the optimum ratio of cloud allocation between different providers. Giants like AWS, Google, Microsoft are already on the scene. 

Indiqus, a 360° cloud solutions company, not only offers public-private hybrid cloud platforms, but also services such as auditing, consulting design, deployment and management services for enterprises and businesses running on the cloud relieving the customers of the unnecessary hassles. IT industries can often lack the resources to comprehensively analyse what infrastructure resources are required and how to forecast their costs. Let us delve into a few steps that organisations can take to better align their costs to expectations:

 

  • Charting out a strategy: Careful planning is essential for optimum and effective multi-cloud planning. All options should be evaluated before the one best for the firm’s structure is selected and adopted. Here, Indiqus delivers the optimal marriage between public and private clouds to deliver an enterprise-grade multi-cloud architecture.
  • Terminate and do away: All unused aka zombie assets should be discarded after their purpose has been served. Idle assets like idle EC2 and RDS, empty Elastic Load Balancers, and unattached EBS volumes add dead costs to businesses.
  • Investigate all possible options: A thorough research is necessary to choose the best multi-private-public plan for an organisation. Understanding the workload demand patterns is important to allocate costs across providers and leverage on-demand services effectively. The other necessary consideration to be noted is what capabilities are needed to accommodate workloads such as third-party services or tools.
  • Resource optimization: After the termination of unused assets, reviewing of the existing capacity is the foremost step. Developers launch configurations that may have worked well in the past but as the requirements change the chances are that they may have more/less CPU memory or storage than they need. Rightsizing becomes essential in such cases. Rather than manually going in for individual checks one can rely upon a cloud management platform like Indiqus to get comprehensive cloud and automation solutions for enterprises.
  • Scheduling start-stop times for NPIs: A typical schedule of starting Non Production Instances (NPIs) at 8 in the morning and shutting them down at 8 in the evening throughout a week can save about 65% of the deployment cost, testing and staging instances as well. Scheduling software is more convenient than scheduling individual scripts.
  • Analyzing requirements and monitoring infrastructure use is a great way to ensure aligning of costs as per requirements. Application components when deployed to multiple cloud environments without considering the real world implications can lead to wastage of resources and money. Cloud management platforms like IndiQus give the opportunity to firms to cut down or add as per the demand. If utilization is managed effectively, this translates into a visible cost benefit.
  • Allocation of data in its right place after it has been tiered and sorted can avoid expensive data transfers that require the movement of one platform to another. Cost savvy organisations make the effort to align cloud costs to business key performance indicators. An example of this can be the Amazon’s S3 that offers instant access, high scalability and guaranteed uptime to its users.
  • Plan sagaciously: Multi-cloud cost management is a continuous, and not a one-time activity. Managing multi-cloud effectively requires patience and planning to secure buy-in across business units and teams.
  • Management of multi-cloud environment is another issue, that if not tackled well can lead to unfavorable consequences. Costs can go out of control and certain costs may never be recognized due to unnecessary cloud migrations and the complexity of a multi-cloud platform.
  • Security above all: Security should frankly overpower all cost considerations when it comes to cloud management. Often, when data breaches strike, organisations fail to understand that the cloud provider isn’t responsible for their data. 

 

Indiqus grants customers scale, security and reliability service integration and automation, auditing and advisory as a complete package solution to all their cloud management worries. It’s services like ‘rack’: comprehensive cloud solutions for cloud- first businesses and apiculus – a monetisation platform for cloud service providers are 360° solutions that can be customised with regard to providers and customers accordingly. Taking time out for properly managing and monitoring cloud platforms is certain to pay off in the long run, shooting up efficiency and delivering an all-round advantage to businesses.