| | November 20219to malfunction, anomaly, malware or other reasons, which may add up a decent cost in your overall cloud spending. For whatever services or microservices are being subscribed on cloud, organizations should implement integrated or third-party monitoring and analysis platforms to ensure resources are being utilized the way those were supposed to.Resources monitoring, Microservices usage reports, alerts and notifications, data and trend analysis can help in reducing the cost by improving the efficiency.Use Automation tools Apart from the resources utilization cost in cloud environment, there is always significate cost involved when it comes to the associated management services such as migration, administration or maintenance support services. For cloud providers such as Azure or AWS, it requires specialized skills and high-end skills or sometimes whole team of specialists, to manage the workload and associated services. There is various automation tools available in the industry which can perform the mundane maintenance related tasks automatically, can perform migration activities, increase the performance and reduce resource utilization to lower your utilization bills.Managed services cost analysis of various platforms and use of automation tools can help in reducing at least 25-30 percent management cost.Get Down To Your Cost BreakupWhen any workload or service moves into cloud it requires associated mi-croservices such as security, net-work, connectivity, load balancing, integration etc. while these services can be chosen based on business re-quirement, it is important to have the detailed utilization and incurred cost breakup from cloud service provided to ensure the all services are being utilized as expected and to do the ROI analysis on each microservice. At many cases customers subscribes the microservices at initial phase of the projects and remains unused for a longer period.There are multiple third-party mi-croservices are available from other service providers which can be inte-grated with your cloud services and can provide significant cost savings.Explore Multi-Service PlatformsIt is obvious that organizations look for a cloud service platform which is reliable, provides higher uptime, higher security, higher performance and meets the maximum requirement around associated microservices, hence organizations are ready to pay the premium amount or higher cost to such cloud providers.It is advisable to do the segregation of multiple business requirement on various parameters such security, availability, performance, criticality and microservices requirements. Further organizations can choose to engage 2-3 different cloud providers to cater the different business requirements.
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