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Cost Management

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

cloudzero

Top Cloud Cost News From November 2024

Dec 9, 2024 By Cody Slingerland In CloudZero
Happy holidays! It’s that time of year when people brainstorm their New Year’s resolutions, and companies are laying out plans to hit the new year with a fresh cost management strategy in place. If you’re in the latter boat, check out these end-of-year wrap-ups that will help you start 2025 on the right foot, financially speaking. Enjoy!
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cloudzero

You Need To Know These 15 AIOps Tools To Save Your Developers' Time

Dec 9, 2024 By Cody Slingerland In CloudZero
Managing modern, complex IT systems manually is like navigating a vast, ever-changing city without a map, GPS, or road signs. Imagine driving blindfolded, relying solely on occasional radio updates (logs) about traffic jams (issues) and detours (system changes). Not only does this method slow you down, but by the time you react to a traffic jam, it’s already caused gridlock across the city. Worse, competitors zipping through the city with autonomous cars (AIOps) are faster and more efficient.
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manageengine

Chargeback: A vital practice that often goes untapped in cloud cost management

Dec 5, 2024 By CloudSpend In ManageEngine
Enhances cloud cost management with CloudSpend Chargeback Businesses are empowered to scale at unprecedented levels. However, with this growth comes the challenge of controlling cloud costs. Among the various financial considerations, one practice often slips through the cracks: chargeback. While this might sound like just another accounting term, having a chargeback model is a cornerstone of efficient cloud cost management—yet it often remains untracked or underutilized.
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cloudzero

Product Release Notes November 2024

Dec 5, 2024 By Anand Sundaram In CloudZero
Happy AWS re:Invent week, everyone! While we have some larger announcements coming out this week (keep an eye out), we’d be remiss if we didn’t take the time to also look back at what our teams have been working on over the past few weeks. While we didn’t have a stated theme for November, you will see that two of our updates revolve around building templates or examples to help make achieving your goals easier with CloudZero.
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cloudzero

AWS Lambda Demystified: How It Works, Pros And Cons, And Pricing

Dec 3, 2024 By CloudZero In CloudZero
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 suits your computing needs. We’ll cover AWS Lambda, 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.
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State of Cloud Costs

Dec 3, 2024 By Datadog In Datadog
Cloud spending continues to grow, but managing costs effectively remains a challenge for many organizations. In this video, Datadog Senior Product Manager Kayla Taylor dives into our recent State of Cloud Costs report—which analyzed AWS cloud cost data from hundreds of organizations—to understand the key factors driving cloud expenses. We explore the impact of adopting emerging compute technologies like Arm-based processors, GPUs, and AI capabilities, how usage patterns and previous-generation technologies affect cloud costs, and the role of AWS discount programs in cost management.
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datadog

Monitor your OpenAI LLM spend with cost insights from Datadog

Dec 2, 2024 By Thomas Sobolik In Datadog
Managing LLM provider costs has become a chief concern for organizations building and deploying custom applications that consume services like OpenAI. These applications often rely on multiple backend LLM calls to handle a single initial prompt, leading to rapid token consumption—and consequently, rising costs. But shortening prompts or chunking documents to reduce token consumption can be difficult and introduce performance trade-offs, including an increased risk of hallucinations.
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cloudzero

ECS Vs. Kubernetes: A Detailed Guide To Container Solutions

Dec 2, 2024 By Cody Slingerland In CloudZero
Containers improve application development with portability, efficiency, and scalability while accelerating deployments. Amazon ECS and Kubernetes are two of the top choices for container orchestration, but how do they stack up against each other? In this guide, we’ll break down the key differences, helping you choose the right solution for your containerization needs.
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cloudzero

A Simple Guide To AWS Lambda Pricing And Cost Management

Nov 29, 2024 By CloudZero In CloudZero
AWS Lambda is an event-driven compute service, which means it executes tasks automatically when triggered by a compute event. This automation also means that your Lambda costs can quickly exceed your budget. That is especially true when you’re not familiar with AWS Lambda pricing. In this guide, we’ll discuss the AWS Lambda pricing model, including how billing works and how to optimize Lambda costs.
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