According to industry research from RightScale, companies worldwide are wasting, on average, a staggering 35% of their cloud spend. Or, to put it in monetary terms, globally over $10 billion is being misspent in the provisioning of cloud resources each year!
One of the benefits of the cloud is that you pay for what you need, when you need it — unlike traditional on-premises infrastructure, where hardware and software are commonly over-provisioned to allow for potential growth.
To put it succinctly, accurate, granular monitoring and management across your entire environment are crucial in assessing your cloud infrastructure needs. Your cloud strategy is only as good as the data management strategy that underpins it. This sounds reasonable in principle, but how can you achieve it in practice? To help gain the necessary business insights, you need to find an open, vendor-agnostic platform for on-premises and hybrid-cloud–based data-center management. NetApp OnCommand Insight Data Center Infrastructure Analytics is such a platform.
Here are some of the areas where Insight can help you identify and monitor costs in your hybrid cloud or multicloud environment:
- Reduce time to address potential cloud-infrastructure issues by proactively correlating performance and capacity metrics.
- Avoid surprises through predictive infrastructure analytics based on machine learning.
- Plan for data and application placement across a hybrid cloud by understanding the resources they are consuming.
- Leverage simple, consolidated views and trends across public-cloud providers and your private cloud.
- Provide granular show-back to align costs with service levels.
- Optimize costs by easily identifying misused or abandoned resources.
With the cloud, having a clear understanding of your workloads and business requirements helps to minimize overall costs and maximize benefits. To arrive at that optimal point, you first need to understand your current on-premises environment, because it’s likely that not all of your applications or workloads are well suited for the cloud.
Basically, the objective is to rationalize and pare down your existing on-premises environment where necessary, as opposed to simply moving everything wholesale to the cloud whether or not that strategy has value. (Check out this short video on NetApp integrated data services.)
In traditional environments, the hardware has already been paid for, so there’s less incentive to be frugal with the available resources. With the cloud, the cost savings and returns can be immediate, based on how much and how efficiently you use it.
Cost savings can also be realized in a variety of other ways, such as:
- Freeing up orphaned storage from applications or virtual machines that are no longer in use
- Making sure that the correct cloud storage tiers are being used
- Blending the use of multiple cloud providers to get the best deal
- Automating the tiering of data based on its value to the business over time
To bring all this information to life, this short video to learn how Insight can help you be more efficient in the cloud. And, for the more technical among you, why not participate in this hands-on demo. You’ll build dashboards and reports to visualize hybrid cloud IT infrastructures.