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Cost Management

The latest News and Information on Cost Management and related technologies.

8 Cost Optimization Tactics to Boost Your Business's Efficiency

Are you looking for ways to ramp up your business efficiency? One of the best ways to attain this is through cost optimization. Yes, you want to manage expenses to not only increase profitability but also gain an edge over your competition. Let us explore some practical cost optimization tactics that can help boost your business's efficiency without compromising on quality.

Why Multicloud Cost Optimization Is Harder Than It Looks, and How to Do It Right

If your business is like most businesses that use the cloud today, you've gone multicloud. Nine out of ten large companies have already adopted multiple clouds, and IT analysts expect that even more businesses will embrace multicloud architectures over the next several years.

How to Implement Cloud Cost Optimization in Observability

Although microservices and cloud architectures are the new norm for modern applications, cloud cost optimization could run high in observability. High costs are largely due to the number of components involved in cloud architectures. According to Cloud Data Insights in a recent report, around 71% of IT companies say that cloud observability logs are growing at an alarming rate— a driving factor for rising observability costs.

How To Reduce Software License Cost through Usage-Based Application Optimization using Nexthink

There has been an exponential increase in the adoption of Enterprise software for digital transformation. Enterprises are looking at Software as the key differentiator to render faster services to their customers. Remote and hybrid working has accelerated this trend, but tracking and managing these software licenses has become difficult. Check out how we reduce the software license cost through usage based application Optimization using Nexthink.

4 Ways SaaS Brands Evolved Their Pricing Strategy Using Cost Intelligence

One powerful way SaaS companies can balance their own costs while still providing plenty of value to their customers is to be strategic about pricing tiers and payment plans. When customers can choose the service levels they want at prices they can afford, and your company is compensated for its associated cloud expenses while achieving a healthy profit, you know you’ve done it right.

Achieving cost-effective scalability: Optimize AWS ELB pricing using CloudSpend

ELB cost optimization- CloudSpend Amazon Elastic Load Balancing (ELB) is a load balancing service that automatically and evenly distributes incoming traffic from client-side applications across multiple virtual server instances, like Amazon EC2 instances, containers, or IP addresses, in different availability zones. It smoothly handles server instance failover and unavailability, thus increasing the application’s fault tolerance.

What Is AWS Lambda? A Straightforward, No BS Guide

Amazon Web Services (AWS) offers over 200 services. But AWS Lambda continues to stand out for several reasons. This AWS Lambda tutorial will help explain Lambda in simple terms so you can decide if the service is suitable for your computing needs. We’ll cover what exactly AWS Lambda is, how it works, how it compares to EC2, use cases, benefits, limitations, and more. Additionally, we’ll cover how you can monitor and manage your Lambda costs without the burden of cost management.

55 Fascinating DevOps Statistics You NEED To Know In 2023

Today's development and operations teams are intertwined like the strands of a rope. The two heavily depend on each other to form a stronger, more solid unit. Unlike traditional teams that worked in silos, today's developers and operations’ workflows should work like a well-oiled machine. Each component needs to work together to create an efficient system that is greater than the sum of its parts.

How CloudZero Provides Unit Cost Better Than Anyone Else

At CloudZero, we’re pretty proud of the fact that our platform allows you to maximize your profitability by understanding your unit costs. In fact, our platform’s ability to help you easily track and analyze unit costs is one of the things that sets us apart the most from our competitors. Here is a brief breakdown of why our method of determining your company’s unit economics is so valuable and what our competitors offer — or don’t offer — in comparison.

The No BS Guide To Understanding S3 Storage Costs

Curious how Amazon calculates your S3 Storage Costs? Or maybe you’re wondering how you can track, control , and optimize your Amazon S3 Storage bill. This guide provides an in-depth look at Amazon S3 pricing and how to calculate your S3 Storage costs. We’ll cover all the billable elements, and the specific factors that affect S3 Storage pricing. Then, we’ll provide some simple Amazon S3 cost optimization tips that you can use to minimize your storage costs.