How do you implement cloud governance and policies to control cloud spending?
Cloud computing offers many benefits, such as scalability, flexibility, and efficiency, but it also comes with a challenge: how to manage and optimize cloud spending. Cloud costs can quickly spiral out of control if you don't have a clear strategy and a set of best practices to monitor and optimize your cloud resources. In this article, we will explore some of the key aspects of cloud cost optimization, and how you can implement cloud governance and policies to control your cloud spending.
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Holistic governance approach:Consider all aspects of cloud use, including financial, operational, and security management. This broad view helps ensure each area supports the others, optimizing spending and performance.
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Cloud FinOps practices:Start by scrutinizing spending patterns and resource use. By comparing costs against actual usage, you can spot wasted resources and adjust to save money without sacrificing service quality.