Cloud cost optimization refers to the process of analyzing resources to identify areas where unused or wasted resources can be optimized to reduce expenses. This involves a variety of tasks, including resource analysis, identification, monitoring, and management of instances. However, the process of optimizing cloud costs doesn’t end with resource monitoring and management. It’s important to take a holistic view of cloud costs for every phase of the software development lifecycle (SDLC). Achieving cost optimization at each stage requires careful monitoring and visualization of data.
Cloud cost optimization process is dynamic and requires continuous assessment of cloud resources, pricing, and changing business requirements. Here is how developers can apply cloud cost optimization to different phases of SDLC.