Definition
Cloud cost management is an ongoing process of monitoring, allocating, and optimizing spending on cloud services. It covers correct resource tagging, budgets, alerts, utilization analysis, removal of unnecessary resources, and selection of suitable service parameters. The objective is not the lowest possible cost at any price, but spending that reflects availability, security, and performance requirements. Every environment needs a designated business or technical owner and rules for creating new resources. Cost should be analyzed together with changes in architecture and load, not only after an invoice arrives. Explore Astrafox Cloud & Infrastructure services.