Explore Ways to Reduce Your Azure Cloud Cost
To get started assessing and controlling your cloud estate spend – contact SoftwareONE today or access our additional resources.
Learn MoreAccording to Flexera's 2020 State of the Cloud Report, the top cloud initiative for organizations is to "Optimize existing use of cloud (cost savings)." Yet, less than one-fourth of respondents say they're efficient in identifying wasted IT spend. Now more than ever, organizations need to maximize their value in license assignments, and this can only be accomplished by a formal license compliance process. Meanwhile, most organizations are planning to increase their cloud spend, and Gartner shows that in 2021 this is expected to rise by 18% to $304.9 billion - up from $257.5 billion in 2020 - with no signs of slowing down through 2024. To help you preemptively address concerns with your cloud budget, we have outlined six ways that you can optimize wasted cloud spend./p>
Cloud waste refers to unused and idle computer resources that a company is paying for – but not consuming. As more companies opt to move their IT infrastructure and applications to the cloud at alarming rates, the phenomenon is exploding. According to DevOps.com, in 2020, companies wasted over $17 billion in cloud spend on idle and excess resources (which we will touch on below). By engaging in an assessment of your cloud estate, we can uncover machines that are sitting idle and are unused so that you can have a plan in place to retire the resources.
When it comes to matters of the cloud, it is especially critical to have flexibility with your licensing options. There are a variety of ways to reduce cloud spend by leveraging license benefits. Some of these benefits include the option to Bring Your Own License (BYOL) or License Mobility, use Azure Reserve Instances, and utilize Azure Hybrid Benefits.
- Azure Hybrid Benefit is a cost-savings benefit that lets you bring your existing on-premises Windows Server and SQL Server licenses with active Software Assurance or subscriptions to Azure.
While all of these suggestions will help you identify opportunities to save on spend, it is important to recognize that each adjustment does not act independently. When one action is manipulated, it can have an adverse reaction on another. Remember to take a step back and look at your entire cloud estate and understand your dependencies. SoftwareONE has built this knowledge and can reduce the trial and error by providing an end to end assessment and action plan. We take a holistic approach when addressing your cloud environment and consider both licensing and technology enhancements, which has historically saved organizations 10-25% of their cloud costs on average. Once we've uncovered, rightsized, and applied appropriate governance and policies, we will then look to manage with a monitoring strategy that can reduce the uncertainty and complication billing. SoftwareONE's proprietary PyraCloud service allows you to easily grow with the business demand, both with SaaS and IaaS offerings while giving you control to distribute the consumption costs to the departments driving its use.
To get started assessing and controlling your cloud estate spend – contact SoftwareONE today or access our additional resources.
Learn MoreLeave a comment to let us know what you think about this topic!
Leave a comment