Cloud Cost Optimization Strategies for 2023: Enhancing Business KPIs through Cloud Cost Management

Join our latest #XgridTalks session where Abdullah and Saad delve into the world of Cloud cost optimization strategies. Discover how you can align your business KPIs with Cloud costs and develop a robust cost model tailored to your organization. This Talk is specifically designed for CTOs seeking to strike the perfect balance between Cloud cost and business objectives. Our experts at Xgrid will share invaluable best practices to optimize costs for both the Cloud and Kubernetes, enabling you to orient your organization towards cost-optimal development. Don't miss out on this opportunity to learn and implement effective Cloud cost optimization strategies.

Speakers

Abdullah Shah
(CTO Cloud Business Group, Xgrid)

Saad Arshed (COO, Xgrid)

Our Services

Key Questions

00:00 Highlight
00:36 What does today’s cloud cost landscape look like?
01:41 Why should DevOps care about cloud costs? Any challenges monitoring cloud costs?
03:19 What challenges do people face in monitoring cloud cost right?
04:29 How can you predict what your cloud cost footprint will look like once you deploy your app? Do different cloud providers have different cost models? How to choose one?
05:41 How do you model cloud cost usage and build KPIs around your running applications? How do cost KPIs map to business goals?
07:41 Can you name some of these KPIs that are frequently used?
08:25 If you need to build an app with observability in it. What strategies do you use to actually have observability in there?
10:14 Are there any inherent ways of building applications like a monolith versus a microservices-based architecture better in terms of cost?
10:55 What are the cost implications for over-provisioning or unused cloud resources? Will correct costs affect my application performance?
13:04 In terms of this over-provisioning and unused resources, how do we get the visibility if that is the case, if 30% or 40% of my resources are being utilized or not, how do I see all of this?
14:02 Is there a difference between modeling cloud costs and K8s costs? What are some additional things to consider for k8s cloud environments?
16:56 How would you compare the cloud cost of kubernetes versus a serverless architecture?
18:19 Do Cloud Service Providers discount the already purchased services? Or is there a pay-as-you-go payment model? Or a structure of payment where variable cost is higher?
19:13 Tell us about tools and best practices for implementing cost optimization for the cloud.
20:46 What are some of the tools or best practices to implement Kubernetes cost optimization?
22:23 Tools and components you would like to have in cost optimization for Kubernetes.
25:10 As a startup founder building an MVP, where do I start the cost optimization process?
26:18 How to embed collected data and actionable insights from observability in an organization?

Hashtags
#CloudCostOptimization #Xgrid