Cloud Costs

Is Your Infrastructure Costing You Too Much

Article Written by Adnan Raja, Vice President of Marketing, Atlantic.Net

When you look at the statistics for information technology worldwide, you can understand why getting infrastructure costs down is such a key concern. IT spending worldwide was projected at $3.41 trillion for 2016 by industry analyst Gartner. Computers have simply become increasingly important business tools, and that is backed up by different buying patterns over time. In 1990, 15 million computers were shipped; in 2015, 65 million computers shipped per quarter.

While technology is critical to your success, your organization may still be spending too much on its backend. In this article, we look at the cost of not using cloud, why managed services make sense in 2017, and - most importantly - security as a critical factor in cost-containment.

Cost of not using cloud

 

Ensono Selects CloudCheckr for AWS Cost and Inventory Management Portal

Grazed from Ensono and CloudCheckr

Ensono, a leading hybrid IT services provider, selected CloudCheckr for the development of a new cost and inventory portal, providing Ensono clients robust cost optimization, inventory tracking and governance capabilities in the cloud.

"We are committed to bringing our clients the most trusted resources for their digital transformation journey, which is why we chose CloudCheckr for the Ensono cost and inventory portal," said Brett Moss, SVP and general manager, hyperscale cloud at Ensono. "CloudCheckr is a market leader, and their cost management portal met the requirements we were looking for in our service offering. With the additional insights, clients will gain a better understanding of what's running on their IT infrastructure, enabling them to make smarter business decisions."

RightScale Estimates Companies to Waste More Than $10 Billion in Cloud Spending Over the Next Year

Grazed from RightScale

RightScale Inc., a demonstrated leader in enterprise cloud management, today announced that, if left unchecked, wasted cloud spend over the next year will top $10 billion. For more details, read the companion RightScale blog: Where Is the $10B in Waste in Public Cloud Costs?

"Cloud providers claim they are getting better at helping companies reduce some of their cloud spending. For example, AWS recently claimed it saved AWS users $500 million by alerting customers when they were overpaying," said Kim Weins, VP of Cloud Cost Strategy at RightScale. "Unfortunately, this is just a drop in the bucket. RightScale has seen that companies waste, on average, 35 percent of their cloud spend. This equates to $6.4 billion in annualized wasted cost for AWS alone. For the top three public cloud providers (Amazon Web Services, Microsoft Azure, and Google Cloud Platform), this represents annualized waste of $10 billion."

RightScale Optima Statistics on Wasted Cloud Spend 

 

RightScale Announces Optima, A New Product for Collaborative Cloud Cost Management and Optimization

Grazed from RightScale, Inc.

RightScale Inc., a demonstrated leader in enterprise cloud management, today announced RightScale Optima, a new standalone collaborative cloud cost management and optimization solution, which leverages RightScale's decade of experience in multi-cloud management and automation. RightScale Optima streamlines collaboration across the enterprise by delivering cost-saving recommendations to the appropriate resource owners, enabling those resource owners to take automated actions, and tracking optimization progress across the entire organization.

"Because cloud use in the enterprise is decentralized, the biggest challenge in reducing cloud costs is the need for tight collaboration between cloud governance teams and the teams that own the cloud resources," said Torsten Volk, managing research director at analyst firm Enterprise Management Associates (EMA). "EMA research shows that organizations are aware of this requirement, with organizations identifying "Collaboration" as the most significant area for cost savings."

CloudPhysics Unveils Cost Calculator for Private Cloud With Public Cloud Comparison Tool

Grazed from CloudPhysics

CloudPhysics, provider of data-driven insights for smarter IT, today introduced the Cost Calculator for Private Cloud with the Public Cloud Comparison tool. This data-driven solution automates the process of determining the accurate costs of a customer's currently resourced on-premises Virtual Machines (VMs). Customers can compare those amounts to the costs for the same VMs if they were migrated to a public cloud.

The Cost Calculator for Private Cloud allows the customer to rightsize VMs by comparing a VM's current resources, such as CPU and storage, with the amount the VM actually requires to perform its functions. Because many VMs are overprovisioned with resources, rightsizing helps a customer save costs per workload, whether on-premises or in the cloud. By rightsizing workloads, customers are assured that VM provisioning fits actual usage. 

The growth trajectory of cloud, what is IT really costing you?

Grazed from WhaTech. Author: Faith Rees.

The growth trajectory of Cloud has been well documented, you’d be pretty hard pressed not to be able to find a reference to the increase in adoption worldwide. Pretty much every IT vendor is vying for a place in the race to cloud adoption. We are at a unique inflection point with a mass of opportunity ahead of us as providers, vendors, sellers and enablers of IT, as consumers continue to drive us toward innovation, as we continue to strive for faster, more efficient, more effective, cheaper ways to do, well, everything! The opportunity that the cloud presents to enable, scale and efficiencies that have been previously unavailable to many is disrupting the fabric of the way we have done business to date and literally opening up a world of opportunities.

To steal a phrase from the recent Cisco report Impact of Cloud IT Consumption models “One of the clearest expressions of this cloud-driven change is the emergence of lines of business (LOBs) — human resources, sales, R&D, and other areas that are end users of IT — both as direct consumers of cloud-based services, and as ever more prominent influencers of companies’ IT agendas...

Cloud Costs vs. Cloud Value: A Complicated Picture

Grazed from ITBusinessEdge.  Author: Arthur Cole.

The declarations came fast and furious this week following news of price increases for some key cloud services: The race to the bottom is finished, the era of cheap cloud computing is over.  But a closer look at what is really happening produces a more muddled picture, which unfortunately will make it even more difficult for the enterprise to chart the correct course through the clouds.
 
The biggest price reduction in recent weeks came from Microsoft, which has announced hikes of as much as 26 percent for such popular products as Azure, Office 365, CRM Online and the Enterprise Mobility Suite. The new rates are set to take effect August 1 and will affect customers in Europe, Canada and Australia, but only those who sign or renew their contracts – existing annual volume licensing agreements will not be affected until, of course, it’s time for renewal. The chief justification for the increases is the fluctuating currency rates...

Five ways to monitor and control AWS cloud costs

Grazed from CloudTech.  Author: Editorial Staff.

Many IT teams find that their AWS cloud costs grow less efficient as “clutter” builds up in their accounts. The good news is that both AWS and a small army of third party providers have developed tools to help engineers discover the cause(s) of these inefficiencies.

While there are several “easier” fixes, such as Reserved Instances and eliminating unused resources, the real issue is usually far more complex. Unplanned costs are frequently the result of nonstandard deployments that come from an unclear or absent development processes, poor organisation, or the absence of automated deployment and configuration tools...

Paying too much for cloud services? These five tools can help cut your cloud costs

Grazed from NetworkWorld. Author: David Strom.

As you move workloads to the cloud, you’ve probably already discovered that keeping track of your monthly cloud computing bills is not an easy task. Certainly, using a cloud provider can be cheaper than purchasing your own hardware, or instrumental in moving a capital expense into an operating one. And there are impressive multi-core hyperscale servers that are now available to anyone for a reasonable monthly fee.

But while it is great that cloud providers base their fees on what resources you actually consume, the various elements of your bill are daunting and complex, to say the least. True, many of the cloud components can be had for pennies per month, but for some resources (such as those heavily loaded multicore CPUs) the meter can run up to real money very quickly...

Read more from the source @ http://www.networkworld.com/article/2913355/cloud-computing/paying-too-much-for-cloud-services-these-five-tools-can-help-cut-your-cloud-costs.html

Cloud Computing: What's the Cost of a Cyberattack?

Grazed from CFO. Author: David M. Katz.

In a February editorial about the buildup of cyberattacks between the United States and Iran, The New York Times quoted President Obama’s observation that, compared with conventional weaponry, cyberweapons provide “no clear line between offense and defense.” Thus, getting into the enemy’s networks to exploit its weakness and disable its ability to attack you is both offense and defense.

Citing “major banks, Sony Pictures Entertainment, [and] an electrical utility,” the newspaper observed that such recent examples reveal that even corporate computer systems once considered impregnable are vulnerable to attack. In the borderless world of information technology, in fact, computer-security specialists and corporate risk managers have begun working on the assumption that it’s impossible for companies to keep their networks completely free from penetration...