Clever Ways to Reduce Infrastructure Costs Without Sacrificing Efficiency
Today, we are going to focus on the key points to make your business profitable. I have discussed five important points to consider in order to run a profitable business. You can follow me to get important tips and join discussions to grow your business. Cloud infrastructure costs play an important role, and you can reduce these costs by adopting the best plan without compromising the quality of service.
points to be consider to reduce the infrastructure cost.
- Adopt Cloud Services:
When you are planning to grow rapidly without investing so much cost on infrastructure, adopt cloud service. Where you can easily save your one time cost which is huge amount. You can adopt right cloud services by considering below points.
- Compare the cost estimation of your infrastructure on different cloud service provider and choose the right one. Azure, AWS, GCP.
- Compare the availability of resources provided by cloud service providers.
- Which cloud service provider helps more to grow your business.
- Mark the orphan resources:
If you have adopted cloud to host your application then it’s crucial to manage your resources in most optimized way. You have to monitor the usage of resources optimally. In most cases, it happens when you create the resources and some dependent resources are left due to misunderstanding or lack of observation after the usage if you remove the resource. In that case you must have to monitor the resources in recurrence of at least 15 days and remove the orphan resources with proper planning.
- Adopt auto scaling based on usage trends:
If you host B2B application on cloud, usage often decreased after working hours, if your customers are in same timezone, also if your customers are in different zone then it may be chances to be non-performing duration, so you can plan to scale up and scale down your resources according to usage trends.
- Adopt reservation of resources:
If you are planning to grow your business then you must have some big plans for long terms and you will require some cloud resources for long terms, in that case every cloud services provides discount in exchange of commitment to use the resources for next 1 year or 3 year. It depends upon cloud service provider which can save your cost up to 60%.
- Use spot tenancy in Dev and UAT environment:
Spot tenancy is also a cost saving plan provided by cloud service providers, it will help you to reduce your cost by 80%. You can use spot tenancy in dev or test environment where you can bear outage of some seconds. Because spot instances availability is lesser.
- Use resources in optimized manner:
Resources usage optimization is key point to avoid unnecessary expenditure in business. You need to plan effectively to use your resources. Analyze current resource usage and apply those insights to new requirements.
Ex: If you have hosted one website on one vm and again you need to host php based documentation website for your product then do analysis of current usage of your vm and use docker technology to host multiple websites of different tech stacks.
- Regular monitoring and observation:
Monitoring and alerting is unavoidable practice if you want to grow rapidly your business, either it is sales, marketing, production, inventory management. In terms of cloud resources, you should have plan to monitor your usage trends and take decision accordingly as keeping above points in mind.
If you wish to achieve your exceptional growth by minimizing your infrastructure cost up to 60% you can connect me. We would be happy to help you to boost your growth hack.
Email Id: firsttalk26@gmail.com
