Over 60% of cloud costs are spent on wastage. Schedule with CloudCanny to save costs.
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The majority of the IT budget spent in the cloud goes into Infrastructure as a Service (IAAS), where cloud waste constitutes more than 60% of the money spent. Cloud waste can happen in different ways,
Idle Resources: Letting resources run full-time (24hrs), even they remain idle on non working hours i.e ( 6 pm to 8 am ).The cost of idle resources form a significant part of cloud waste being generated globally; they stand at $8.8 billion every year
Oversized Resources:Developers, while forecasting how much of a cloud instance is required, often choose an instance that is larger than needed. It ensures that there is no-huddle to prevent smooth operation. The cost of oversized resources is around $5.3 billion every year.
Read MoreAccording to Gartner, the global market for cloud is 266.4b which is 17% higher than in the previous year 2019.Among that Infrastructure as Service (IaaS) alone constitutes more than 50m. Cloud waste happens when the resources paid for are not utilized properly. Cloud waste can happen in different forms.
Idle Resources:
Letting resources run full-time (24hrs), even though they remain idle on nonworking hours i.e (6 pm to 8 am). These can be for development, demo, testing, or training environments that forget to switch the cloud off after their work is complete. e.g Teams running both the test and development environment even after the release of the application. The cost of idle resources form a significant part of cloud waste being generated globally; they stand at $8.8 billion every year.
Oversized Resources:
Developers, while forecasting how much of a cloud instance is required, often choose an instance that is larger than needed. It ensures that there is no-huddle to prevent smooth operation. Once the infrastructure is over-provisioned, it rarely gets downsized. As per reports, around 40 percent of these are up to two sizes bigger than required. The cost of oversized resources is around $5.3 billion every year.
Orphaned Resources:
It mostly occurs when you have turned off your computing machine but forgets to switch off the storage or Networking. The storage will have no other work to do, and it will keep on piling the cost. It will lead to you ending up paying significantly more than what you should have. It also happens when a developer left the company but still, the machine is running left unnoticed.
No Centralized View of Resources:
According to Gartner, more than 70% of enterprises will be implementing a multi-cloud strategy by the end of this year. Having no centralized view of resources across the company and cloud providers results in redundant resources.
Cloud waste is not only significant in terms of resources that go unused but also the expenditure on these resources goes unchecked. Monitoring usage and optimization are very important for both small and large enterprises to carry out their day to day tasks in a cost-effective manner.
CloudCanny
CloudCanny tackles the above problems effectively and enables the DevOps and Infra team to save cloud costs smartly. CloudCanny’s app provides easy of managing, scheduling and monitoring the cloud servers to save costs by optimizing the cloud usage.
BACKCloudCanny is a fully automated platform that enables DevOps and Infra team to save cloud costs smartly. CloudCanny’s app provides easy managing, scheduling, and monitoring the cloud servers to save costs by optimizing cloud usage.
The traditional way of doing involves writing cron jobs, making sure it runs properly and taking care of different time zones and different work timings of the developers .etc.
Single click cloud account configuration and onboarding
Easy scheduling of servers based on idle hours (24/7 * 365 days)
Centralized view of insights, turning utilization data into a cost-effective solution
Fully automated, save time from scripting, adding cron jobs, monitoring ...
Save over 60% of monthly cloud costs by switching off the server in idle time
Notification and Reporting of server status, action, events, insights
Pricing is calcualted based on number of instances at the start of the month, Standard pricing great for small companies and large organizations. No worry of subscriptions, No commitment. Pay only for what you use
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