Cloud cost optimization needs to shift left, Listen to why/how with Flex Compute, Listen to Khursheed Hassan on #cloudnativefm: https://lnkd.in/e42HB_A2
where cost prevention is the leading strategy, and cloud cost optimization tools are only deployed in a downstream process to catch a tiny number of usage anomalies that have slipped through the tight net of preventive checks
Today there are 3 ways to provision capacity on Cloud
√ On-Demand Instances: While they provide flexibility, they are often associated with cost inefficiencies and unpredictable expenses since the billing is based on usage per hour or minute, without any long-term commitments. This can cause costs to spiral out of control if resources aren't managed properly.
√ Spot Instances: Though these offer cost savings, they come with their own set of challenges. They are less predictable, require complex orchestration, and introduce additional complexity to cloud infrastructure. There can also be latency issues, and instances may be reclaimed by the cloud provider without prior notification, leading to disruptions.
√ Capacity Reservations: This option involves long-term commitments, typically ranging from one to three years. While it guarantees resource availability, there is a risk of underutilization. If resources are not actively used, organizations may still incur high costs, making this solution potentially expensive when workloads are not running at capacity."
CloudiDR is building a solution around flex compute that effectively address non-steady state workloads, which inherently rise and fall. They’ve launched a product suite of tools around flex compute as Cyber Recovery Compute,' which can also be used for Disaster Recovery purposes. and 'Scheduled Capacity Compute.' their thesis is that and don’t want to replicate what cloud providers are already offering. Instead, focus on identifying unaddressed gaps in the market and creating innovative solutions that deliver the best value for their customers.
Their solution refer to as Cyber Recovery Compute (or Disaster Recovery Compute), allows customers to avoid paying full reservation prices and sidesteps the unreliability of on-demand options. Instead, they can access guaranteed capacity from Cloud IDR at 75% lower costs.
Their solution refer to as Schedule Capacity Compute, is specifically designed for workloads such as CI/CD pipelines or events. For instance, if a concert broadcast is scheduled or there are retail events featuring promotional coupons, we anticipate a significant increase in compute demand. Customers can schedule their compute resources with Cloud IDR in advance, ranging from as little as five minutes to several weeks ahead of time. They will then transfer the compute resources into their account at a minimum of 30% lower cost compared to on-demand pricing.
Listen to and watch the full episode: https://lnkd.in/e42HB_A2
#cloud #hyperscalers #shiftleft #cloudoptimization
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