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Discovering the Impact: Unveiling Cloud Cost Optimization Savings
IBM Turbonomic
Automation August 15, 2023 By Gabriele Maccherani Vidushi Bansal
3 min read Imagine setting sl without a compass-it's akin to navigating through uncharted waters in the dark. The compass serves as your steadfast guide, providing concrete measurements and keeping you on course.
Similarly, comprehing the savings realized from cloud-cost optimization efforts offers invaluable insights into the impact of your eavors. It acts as your trusted navigator, highlighting areas of potential cost reduction and motivating you to persist forward. This metric showcases tangible benefits achieved through optimization strategies, ds in resource allocation, and reveals factors influencing overall expenses.
Inversion of 8.9.3 version, IBM Turbonomic revolutionizes the way it accumulates and calculates savings, providing a clear and accurate view into your cloud-cost optimization journey:
Leveraging cloud provider bills for precise determination of cost optimization actions' impact on your expenses guarantees greater accuracy and transparency. This new approach ensures that you can visualize the tangible benefits achieved.
The functionality has been expanded to capture savings and investments across various dimensions, including accounts, resource groups, regions, action types and more. This level of granularity empowers you to better understand influencing factors, making informed decisions for optimization efforts and strategic planning.
Inversion of 8.9.3 version introduces a streamlined approach to cost optimization within your cloud environment.
Exploring the dashboard reveals the extent to which savings have been realized across different resources, regions, and action types. It provides insights into where costs can be minimized without compromising performance or reliability.
Let's delve deeper:
Account-Level Savings: This section highlights aggregated savings for each account, giving you a high-level view of your cloud expense optimization journey. By drilling down into this data, you can identify accounts that are outperforming expectations and those needing additional attention to optimize costs effectively.
Resource Group Optimization: Dive into the specifics by examining resource groups within individual accounts. This section reveals how different resources contribute to overall expenses and identifies areas where cost reduction strategies can be implemented efficiently.
Regional Insights: Gn regional-level visibility into cloud costs, revealing patterns across various regions. This information is crucial for businesses operating in multiple locations or with diverse workloads that may have varying pricing.
Action Type Analysis: Understand the impact of specific optimization actions on your expenses over time. From migrating applications to more cost-effective services to adjusting capacity during periods of low usage, this analysis empowers you to make data-driven decisions for continuous improvement.
Savings Prediction and Recommations: Utilize algorith predict future savings based on historical data and current trs. This predictive capability enables proactive planning and helps you anticipate cost reductions in the pipeline.
Compliance and Security Insights: Ensure that optimization efforts align with regulatory requirements and security standards. IBM Turbonomic's dashboard provides visibility into compliance adherence and highlights potential risks for remediation.
Navigating through these features empowers you to optimize your cloud costs effectively, drive efficiency gns, and allocate resources more strategically. The combination of advanced analytics, user-frily interfaces, and actionable insights makes IBM Turbonomic a powerful tool in the journey towards cost-effective cloud management.
The future of cloud optimization is bright with IBM Turbonomic by your side. Embrace this journey to unlock savings, enhance performance, and make the most out of your cloud investment.
This article is reproduced from: https://www.ibm.com/blog/measuring-the-impact-unveiling-the-savings-realized-in-cloud-cost-optimization/
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