Cloud Waste Is Not a Myth: It is a horrifying reality
In the cloud technology world, cloud waste is a less discussed topic; many people may have never heard about it. Undoubtedly cloud technology is booming, but so is cloud waste. Cloud waste is killing the core purpose of migrating to the cloud, Saving Costs.
What is cloud waste?
Cloud waste refers to idle and unused resources that a company is paying for but not consuming. Cloud waste usually happens when a company acquires more clouds than require and keeps the resources idle while the cloud bill piles up.
The gravity of this situation is explained in numbers in one of the researches done by Parkmycloud. According to this report, $14.1 Billion in Cloud Spending would have been wasted in 2019. The same study explored that 40% of all cloud development environments are “oversized.” It means they have acquired more computing resources than what they required for the usage, resulting in cloud waste.
What are the reasons for cloud waste?
What triggers the cloud waste in cloud technology? There are some significant causes behind the cloud waste that we need to understand.
Idle resources are the biggest problems for companies. Actual computing vs. maximum computing load option, most companies choose the latter because they want to keep the operations running smoothly when they need resources at its full capacity (100%). However, mostly the consumption requirement is much lower; thus, purchased resources remain idle most of the time.
Development companies are the best examples to explain how resources remain unutilized. Once the DevOps team completes the app development task, they keep the test and development environment running (Cloud Waste). These are the idle resources that resulted in cloud waste.
If you are using too big servers for your organization, you are wasting money. You need to understand that to utilize the cloud fully; you need to grow gradually instead of picking the oversized infrastructure. You can easily predict the average consumption with the help of a cloud expert, thus choose the right sized infrastructure for your company. Oversized infrastructure is one of the reasons for cloud waste.
When it comes to cloud computing, companies tend to put all their eggs in a single basket. It is not a good idea. They usually put all their IT resources in one private or public cloud data center. It leads to concentrating all resources in one place in bulk, which overestimates the instance size that they actually need.
How To Avoid Cloud Waste
Below are some actionable ways to reduce cloud waste and optimize cloud performance:
Estimating Actual Required capacity – Start with estimating cloud computing’s required capacity instead of bulk buying the cloud resources. Cloud experts can help you with understanding the actual requirement.
Track Idle and Unused Resources – Most cloud providers provide a dynamic dashboard where you can check which resource is idle and unused. Further, you can end the idle or unissued resources, saving many costs and reducing the cloud waste.
Implement Auto-scaling – Most of the cloud providers offer auto-scaling services. It ensures that resources are automatically allocated during peak hours and reduced when there is no need for resources. Thus, idle resources will be released immediately.
“Reducing Cloud Waste is saving Cloud Cost.”