Optimizing Cloud Costs: Maximize Value + Minimize Overheads

As cloud adoption skyrockets, businesses are reaping the benefits of unmatched flexibility and scalability. Yet, behind the allure of on-demand resources lies a common struggle: managing cloud costs effectively. What starts as a cost-saving solution can quickly turn into an unexpected drain on budgets, with hidden inefficiencies and surprise expenses lurking around every corner.  

Let’s uncover the most frequent cloud cost challenges, explore ways to tackle them, and share actionable strategies that can help your business turn cloud complexity into a streamlined, cost-efficient powerhouse. 

The Costly Consequences of Neglecting Cloud Management 

Recent data highlights the growing need for cloud cost optimization. Despite the cost-saving potential of cloud services, many organizations are still struggling to manage their resources efficiently, leading to high wastage and missed opportunities for savings.

According to Gartner, by 2026, organizations performing real-time cost or performance optimization of cloud-based workloads will rise from less than 20% in 2022, to 50%.

Improper cloud cost monitoring and management practices lead to significant financial inefficiencies. Without monitoring or alert systems, businesses fail to detect unexpected spikes in spending until it’s too late, preventing timely responses to unusual usage patterns. 

Poor tagging practices and lack of visibility into resource usage make it difficult to track costs accurately across departments or projects. Missing cloud usage audits can result in missed opportunities for cost savings and optimizations. 

Lastly, without budget controls or spending limits, companies have no mechanisms to manage or cap spending, increasing the risk of cost overruns. 

Shifting Gears from Reactive to Proactive 

Health & Risk Assessments, coupled with cost optimization, can enable you to maintain a secure, efficient, and financially sound cloud environment. Conduct this assessment to identify security vulnerabilities, compliance gaps, and inefficiencies that may lead to costly risks or performance issues. Alongside this assessment, cost optimization provides actionable recommendations for rightsizing resources, adopting cost-effective pricing models, and unnecessary expenses, ensuring that the organization only pays for the resources it truly needs.

Compugen offers consulting-based technical services to help businesses gain immediate insights. Instead of waiting for end-of-month billing to understand cloud usage, we help you identify and reduce unnecessary spending before it escalates. 

Compugen’s Azure Health & Risk Assessment offers a comprehensive review of your Azure setup to help you get the most out of your cloud resources. Our certified Azure specialists provide expert advice on best practices for continuous improvement, cost management, governance, workload optimization, infrastructure health, security, and risk reduction. 

Our assessment results in a detailed Health and Risk Status Report with tailored recommendations for improvement, all aligned with industry best practices like Microsoft's Cloud Adoption Framework (CAF). Regular health checks provide actionable insights that allow organizations to proactively improve their cloud infrastructure, maintain regulatory compliance, and make informed decisions that align with their broader cloud strategy. In short, it’s a proactive way to keep an Azure environment secure, compliant, and cost-effective while minimizing risks. 

We are your Azure Ally 

We are doing our best to help customers who are struggling with unexpected cloud costs, trying to gain high availability, securing data and backups, centralized systems to manage updates and operations across both on-premises and cloud environments, and ensuring efficient governance and smooth operations. 

One of Canada’s largest automotive and travel service providers recently partnered with Compugen to tackle their cloud challenges. As a member-based organization, they sought ways to streamline their operations and cut down on cloud costs. 

Our engagement commenced with a comprehensive environmental health and risk assessment. We performed a Cloud Adoption Framework drift analysis and dove into their technical requirements, business strategy, challenges, and day-to-day operations through workshops. Our analysis revealed a cost-saving potential of a significant amount. 

Impressed with the findings and a remediation plan, they’ve gained invaluable insights to transform their cloud operations while realizing substantial savings!  

We help organizations to dream, design and deliver the best cloud optimization strategies. As we know, a successful cloud strategy involves thorough planning, expert execution, and operational know-how. 

Stop overspending on the cloud — start maximizing its potential. Book a Discovery Call with Compugen’s Azure specialists to uncover actionable strategies for reducing costs, enhancing security, and aligning your cloud infrastructure with your goals. Together, we’ll turn complexity into clarity and help you realize new possibilities.