Cost Optimization

intermediate
business
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Definition

Strategies and practices for reducing cloud spending while maintaining performance and reliability, maximizing resource efficiency.

Real-World Example

A company reduces their monthly AWS bill by 40% by switching to Reserved Instances for predictable workloads, using Spot Instances for batch processing, and identifying idle resources with Cost Explorer.

Cloud Provider Equivalencies

All major clouds provide cost visibility (reports/analysis), governance (budgets/alerts), and optimization recommendations (advisor/recommender). AWS and Azure also offer broad, integrated recommendation engines (Trusted Advisor/Azure Advisor), while GCP uses Recommender and billing reports, and OCI provides Cost Analysis plus Advisor and Budgets.

AWS
AWS Cost Explorer; AWS Trusted Advisor; AWS Budgets; AWS Compute Optimizer
AZ
Microsoft Cost Management + Billing; Azure Advisor
GCP
Google Cloud Billing reports; Cost table & reports; Budgets and alerts; Recommender
OCI
OCI Cost Analysis; OCI Budgets; OCI Advisor

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