Reduce IT costs, With Abhinav Mittal
Hi I am Abhinav Mittal,
IT Productivity Coach and published author of the book
Reduce IT Cost, 101 questions for business and technology leaders to save millions in IT Spending.
With over a decade of experience in IT financial management, I am here today to talk to you
about some ideas which can help you get more value from your IT investments.
So Let's begin with our topic of today.Public cloud has helped companies respond to customer
needs faster than ever.I have no doubt, that cloud computing will remain the preferred
way for companies, to quickly provision IT resources.However, simplicity in an on demand
computing environment, has its own cost.A leading industry analyst recently predicted
that more than 30% of cloud spend in an enterprise is wasted.30% is a lot of free money going
in pockets of Amazon, Microsoft, Google and few other cloud providers.But how do you stop
such a menace.Here are my 2 suggestions.Number one Review and remove, unused, temporary,
test and development instances.
which need not run, 24x7.
If possible, ask your team to move test and development instances to low cost regions, to save IT costs.
Number two Review resource utilizations of all provisioned Instances. Whereever
CPU or memory utilization is low, downsize VM's to reduce IT costs. Remember, good Governance
of cloud spending is a must,to avoid money wastage.Share your feedback or comments about this idea with me.
And If you are still stuck with the same IT cost or want to know how
to further reduce it, then feel free to contact me at abhinav@abhinavmittal.com
Subscribe to my channel for more such ideas.Remember, cut your IT costs, cut your expenses and smile
more.See you in next video.Tata
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