Optimize Public Cloud Costs and Maximize Your Investment

In a constantly evolving digital world, the public cloud has become an essential tool for companies. It allows us to keep up to date technologically and provides a flexibility for our businesses that, until a few years ago, seemed unimaginable. Today, the cloud is an indispensable part of business for many reasons: it is flexible, scalable and, most importantly, it is cost-effective. The public cloud has changed the rules of the game in terms of how companies consume and use computing resources.

Challenge: Cost Control in the Public Cloud

The public cloud offers countless advantages, especially when it comes to complex environments such as SAP, as it represents a great opportunity for companies to save costs and improve operational efficiency.

Many companies face the challenge of optimizing their investment, the key is to understand how it works and use the right tools to manage spending strategically and efficiently. 

6 Tips for Optimizing Costs in the Cloud

1. FinOps: a strategic approach to cost management. This approach enables companies to optimize cloud usage through effective financial management. Its implementation facilitates expense control, efficient resource allocation, data-driven decision making and ROI maximization, achieving agile, cost-effective financial management aligned with company objectives.
2. Monitoring and cost control. The use of tools such as AWS Cost Explorer and Azure Cost Management, are very useful to identify areas of unnecessary spending and take corrective action.
3. Exchange rate impact analysis. Cloud billing from major hyperscalers is usually done in dollars, so it is important to consider local currency conversion and its impact on monthly costs.
4. Choosing the right payment model. There are different cloud billing options, such as pay-per-use, instance reservation and more. Analyze the characteristics of each model and consider the specific demands of your organization to make the best financial and operational decision.
5. Resource optimization. The public cloud is a powerful tool that saves money and optimizes the use of resources. By understanding how it works and taking advantage of the tools and features available, you can take control of your public cloud costs.
6. Comparison of providers and rates. Each cloud provider offers different prices and plans. Comparing options can help you choose the right one for your business.
   
   

The Advantage of a Specialized Partner

Having a partner who specializes in cost optimization can make all the difference. This type of collaboration will not only help you apply best practices but also increase your return on investment and ensure efficient use of cloud resources.

Outsourcing cost management to the public cloud is especially necessary for complex and knowledge-intensive systems such as SAP systems. There is no doubt that the technological wave represented by the SAP S/4HANA solution and all its possible satellites can offer a very interesting ROI for companies. However, it is also essential to control its deployment costs, especially recurring infrastructure costs.

Optimizing SAP deployment costs in the public cloud can serve as a precursor for the rest of the enterprise solutions. Given the robustness of this German software, if the associated IaaS cost can be controlled, it is very likely that the same concepts can be applied to the rest of the enterprise IT solutions deployed in the company.

• Identify discounts and savings programs from cloud providers.
• Continuously manage cloud usage to reduce unnecessary costs.
• Negotiate with providers to obtain better rates.
• Advise on workload optimization to avoid overspending.

In short, counting on a specialized partner will allow you to reduce costs in the public cloud and make the most of your optimization tools. With efficient and continuous management, you will be able to optimize workloads and keep control of your investment. 

Conclusion: take control of your investment in the cloud

As your business grows, public cloud costs can spiral out of control if not managed correctly. Working with a cost optimization specialist will allow you to maximize your investment, reduce expenses and improve operational efficiency.

If you are looking for an effective strategy to optimize your public cloud costs, partnering with a specialized partner is a smart and cost-effective decision - start saving and empowering your business with efficient cloud management today!

At Avvale we drive business transformation with a focus on sustainability and circular economy, turning ideas into fast and effective solutions.
Contact us to learn more about how we can help you reduce your cloud costs and learn more about our public cloud FinOps service.