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Cost Management

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

What Is Profitable Innovation and How Can Your Business Achieve It?

In the context of businesses, the ultimate goal of innovation for technology companies is to drive a profit. This means that even though many software engineering problems can be solved with enough time and budget — just because a business can solve a problem doesn’t mean that they should. Sometimes, even once a team has figured out how to solve an engineering problem, it doesn’t make sense to deploy the solution — because it costs so much to operate.

2020 State of DevOps Report: The Newest Metric To Make It Into the DevOps Evolution

Every year, I look forward to the release of the annual State of DevOps report (that’s the kind of exciting life I lead!). The evolution and adoption of DevOps in the past decade has been incredible — and this report always helps show what’s the next big thing that high-performing teams are adopting. The 2020 State of DevOps report was just released a couple weeks ago and as usual, it was filled with all kinds of insights.

AWS Well Architected Framework in Serverless: Cost Optimization

This is part four of the “Well-Architected Serverless” series. In this post, we’ll talk about the Cost Optimization (COST) pillar of the Well-Architected Framework (WAF). Part 1: Security Part 2: Operational Excellence Part 3: Reliability The COST pillar concerns itself with the money you spend on your cloud infrastructure. It’s important to think about your system’s cost because, in reality, the perfect system won’t be used simply because it’s too expensive.

Effective utilization of AWS Savings Plans and EC2 spot instances

Cloud cost-efficiency is a crucial ingredient for ensuring business success. However, uncoordinated attempts at reducing costs can create even greater inefficiencies and outright cloud waste. In this post we’ll focus on one example of this – using EC2 spot instances when AWS Savings Plans have already been purchased – and how Spot by NetApp intelligently utilizes all available cloud compute pricing models to eliminate cloud waste and achieve dramatic cost reduction.

What Is Cloud Cost Intelligence and Is It Right for Your Business?

If your business is growing, your AWS bill is probably growing with it. Yet, in conference rooms all over the world (or Zoom calls, these days), CFOs are asking “we’re spending how much?!” — while engineering leaders try to explain that the platform is twice as fast and they’ve added some machine learning that is going to absolutely change the game.

Cloud Cost Management with HashiCorp Terraform & Densify

Watch and learn how automated infrastructure management withink HashiCorp Terraform and machine-learning-based cost optimization analytics can be combined as part of DevOps and provisioning processes to continuously make FinOps a part of everyday cloud infrastructure management.

4 Ways Cloud Costs Should Influence Your SaaS Pricing and Product Roadmap Strategy

On a day-to-day basis, both engineering and product management in software companies involves constant trade-offs. Everyone has a long backlog of tasks and needs to make decisions about what to prioritize on a daily, weekly, and monthly basis. Figuring out what to tackle first, what to put off for later, and what to say no to is critical both to managing daily workloads as well as to creating product roadmaps that reflect what customers want.

How to Manage AWS Cost Outliers

A few years ago, we realized that spending in our AWS product test environment had jumped significantly from one month to the next. We drilled down into the issue and traced it to some RDS database instances that had been spun up to test new product features. No one realized that these expensive instances were left running after the tests were complete, and subsequently racking up charges for several months.

New CloudZero CRO Steve Lewis Shares Why Cloud Cost Management Is Ripe for Disruption

This month, I made the decision to join CloudZero as their new chief revenue officer — a choice I’m incredibly excited about. In the past week, a number of colleagues have asked me to share why I joined the company. After answering the question a few times, I decided to take a minute to collect my thoughts and explain why this incredible company is the next step in my career.

How Our Roots in Observability Set Us up To Calculate Cost per Tenant on AWS

It’s safe to say that cost per tenant (also known as cost per customer) on AWS has been a challenging metric to obtain. Until now, your best bet has usually been to either make a best guess or build some sort of homegrown system. As of November 4, 2020, when you google “cost per tenant,” you get a few things at the top of the page. The first is a couple of blogs by AWS, where they describe an extraordinarily complex system, which you can build yourself.