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Cost Management

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

7 Strategies to Contain Network Costs (Layer 6 Will Amaze You)

First, thanks for indulging the clickbait title joke. Serialization is the unsung hero of harmonizing network and application relations and deserves the occasional, snarky callout. Moreover, identifying how the unique mix of network clients in your environment consume your carefully manicured infrastructure is critical for managing network cost. Because today, a rapidly expanding, diverse pile of new technologies all assume the network is a magic grid, no tuning required.

Cost Challenges That Keep Execs and Admins Awake at Night

Reining in costs and ensuring your IT organization maximizes its technical ROI is a delicate balancing act of office politics and well-rooted processes. IT cost challenges tend to vary from business to business, but they have one thing in common: they’re all manageable. Taking the time to study the most common IT revenue black holes starts with developing an in-depth understanding of how each one can affect IT productivity and the business’s bottom line.

Ivanti Neurons for Spend Intelligence: SaaS Management

You’re probably familiar with the many benefits of licensing software using a SaaS (Software-as-a-Service) model. The most frequently touted benefit is that you pay only for what you use when you use it. Additionally, you don’t have to worry about upgrading, or server maintenance, or security. That’s all taken care of. However, even using a SaaS model, you still need to monitor and manage costs, which can be a challenge if you are working with several suppliers.

Six AWS Lambda Cost Optimization Strategies That Work

In 2021 it’s common practice for businesses to use a pay-as-you-go/use pricing model. It’s no different with Amazon. It’s also the primary reason why this article is such an important read for all those looking to reduce their AWS Lambda costs. In this article, we will go over six actionable strategies to optimize the cost relating to our AWS Lambda usage. One of the main reasons for choosing to move into the cloud is the ability to reduce costs.

CostOps: The Overlooked Developer Responsibility

Developers are the kingmakers. Millions of decisions made by tens of thousands of developers are ultimately responsible for the triumph or tragedy of IT. Developers for commercial vendors, open-source projects, cloud and software as a service (SaaS) solutions, managed service providers (MSPs), and internal teams make most technology decisions far upstream from IT pros. This essentially defines ops’ role as the crew who finds a way to make washing machines fly in formation.

What Is SaaS Finance? (Plus 12 Metrics You Should Be Monitoring)

One of the most important things SaaS companies need to think about in order to be successful is financial modeling. To succeed in the increasingly competitive SaaS space, finance teams need to carefully consider a wide variety of KPIs and find ways to effectively manage both present and future cash flows. Cash flows and liquidity are two of the most common challenges faced in this industry — if effectively addressed, your company can position itself for long-term success.

Outdated Calculus of Cloud Cost Containment

“Cost” would seem to underpin almost every decision IT teams make. Sure, business requirements drive overall operations budgets, but it’s always in tension with decades-old certainties about cost. It’s long been the unyielding constant of IT equations. In particular, IT pros migrating application infrastructures out of the data center have discovered the on-premises math of cost containment no longer works.

Serverless 101: What Is It, How Serverless Computing Works, Pros and Cons, and More

Serverless computing is one of the fastest-growing areas in software development, along with hybrid clouds and using multi-cloud strategies. The global serverless architecture market is expected to grow at a CAGR of 16.2% in 2021 through 2026. It will reach $10.29 billion from $4.2 billion in 2020, according to MarketWatch. The serverless approach promises to help developers beat the cons of self-managed and even virtual server infrastructure. But is serverless right for you?

AWS Reserved Instances 101: The Complete Guide

Choosing the right service plan is crucial when you are using Amazon Web Services (AWS). With 170 distinct services, ranging from compute to storage to networking and content delivery — each offered at different price points — the process requires careful consideration to make the right choice for your business. By default, AWS services are available on-demand and you pay a monthly bill for services used.