No matter what tool you use, a major key to managing your cloud spending is to tag your resources. If you can look at a billing line item and see immediately that it’s for development and test related to the Fizzpop product, you’re in far better shape than if all you know is the serial number of the VM. If that tagging carries into your reporting and management tools, so that you can zoom in on a “zombie” in a graph and see its intended purpose and group affiliation, you’re in a position to close the loop and actually do something about the unutilized server VM.
Cloud cost management isn’t easy, and it can’t really be done with the ITIL processes and tools that most IT organizations have in place for their data centers. To manage your cloud estate effectively, you need to monitor your costs on a daily basis and intervene as necessary by shutting down resources, downsizing them, or putting them on a schedule instead of running them all the time.
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