The key to proactive multicloud cost management

Posted on 11-07-2018 , by: admin , in , 0 Comments

Enterprises are moving to multicloud in droves. Why? The key drivers most often cited by cloud adopters are speed, agility, platform flexibility, and reduced costs—or at least more predictable costs. It’s ironic then that more than half of these companies say that runaway cloud costs are their biggest postmigration pain point. 

How can we get cloud budgets under control? First we need to understand what we’re working with. But when costs are accruing from multiple teams, using multiple accounts, involving multiple products across multiple geographies on multiple cloud platforms, getting a clear picture can be a nearly impossible task. For that reason, infrastructure and operations teams often turn to cloud and cost management solutions to gain better visibility.  

Resource tagging: An incomplete answer

One common way teams and cost management solutions have tried to increase visibility is through the use of tags. Tagging is essentially the process of assigning names to infrastructure (servers, databases, storage volumes, etc.) and in some cases applications or projects. Tags might include useful information like geographic region, department, environment, the purpose of the server, or even the name of the person who provisioned the server. For example, I might provision a database in the Northern Virginia region of AWS and tag it like this:

evan-mysql-us-east-1