Save money...
…through accurate budgeting and forecasting.
When you’re on-prem, costs count as capex so there are never any issues with budgeting. With cloud, you’re in an opex world, which means you have to get to grips with a new approach to budgeting and forecasting. Tools like Nordcloud Klarity help here because you get that accurate, real-time view of consumption.
But it’s also important to remember that current and past usage don’t necessarily reflect future requirements. For instance, your carefully calculated forecast won’t take into account the big project your operations team has planned for the next quarter (but hasn’t told you about yet).
Budget alerts help you stay in control
Setting spend limits and getting alerts when they’re breached is your first step. Because once there are limits in place, engineers have a reason act on optimisation opportunities.
Remember that budget breaches can be both positive and negative, so alerts should be a springboard for discussion. For example, did things go over because it was Black Friday and web traffic went through the roof? Or did someone leave an expensive server on at the weekend?
And alerts aren’t just for overspend. You can also see where you undershoot, highlighting money that can be reallocated to other projects.
