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Dec 3, 2021   |  By CloudZero
A fundamental requirement for building a profitable product is finding ways to reduce costs and improve efficiency. When you’re operating in the cloud, it’s almost impossible to gain this insight without data. This is where data-driven software development comes in. Data-driven development is a software engineering approach that relies on data to guide the development process.
Dec 1, 2021   |  By CloudZero
Cloud waste has been costing companies billions of dollars for years now. In fact, in 2020, organizations wasted as much as $17 billion on unused cloud resources. Companies could waste up to $26 billion in 2021, the highest amount of cloud waste ever. Could you be wasting money trying to save money? Fortunately, cloud waste is preventable in most cases. So, what causes cloud waste, and how can you minimize it this year and in the future?
Nov 29, 2021   |  By CloudZero
Today, data is a bit of an esoteric concept. Data is contextual and you need to understand the data that’s important to you. For instance, cost data. Cost insight has given companies the ability to make informed engineering, product, and business decisions like rearchitecting software or pricing your product for higher profitability. However, to do this optimally, you’ll need to establish the right systems and practices. This is where business intelligence (BI) tools come in.
Nov 23, 2021   |  By CloudZero
If you are fine using a conventional cloud cost management tool, Apptio's Cloudability can be a helpful tool. It promises to enable DevOps, IT, and finance to optimize cloud resources for quality, speed, and cost. A large business with a high cloud spend, a team of 5-10 engineers, and a budget for expert guidance is an ideal match for Cloudability.
Nov 22, 2021   |  By CloudZero
Cloud financial management has become an increasingly sophisticated business function over the past few years, far beyond what many cloud stakeholders anticipated. As a result, many companies are unable to monitor and allocate cloud costs accurately. In 2022, Gartner estimates companies will waste as much as 30% of their cloud budgets due to this problem. A more holistic approach to cloud cost management is necessary to reduce waste and optimize cloud spending.
Nov 19, 2021   |  By CloudZero
According to Amazon, On-Demand Instances are best reserved for short-term processes with uneven workloads that cannot be interrupted. This might partly explain why such EC2 instances are exceedingly popular with AWS users. On the flip side, however, it turns out that On-Demand Instances are also getting dumped for the sake of cloud cost optimization. Our recent Spot Instances guide, for instance, advises AWS users to consider making a switch and, consequently, enjoy up to 90% cost savings.
Nov 17, 2021   |  By CloudZero
If you've heard that companies using AWS waste more than $10 billion a year, you might wonder how. That an organization might lose so much money is also easy to dismiss, especially when AWS usage can be reduced, right? Well, it's not that simple. AWS offers a staggering amount of options — over 200 different services. Among them, Amazon Elastic Compute Cloud (EC2) provides a further 300 AWS instance types spread over five unique instance families.
Nov 15, 2021   |  By CloudZero
EC2 instances come with a spider web of charges — when you take a look at your bill, you’ll see there are hundreds of unique line items connected to your usage. In addition to the instance, you’re also billed for storage, data transfer, and networking associated with that instance. It’s important to fully understand those charges so you can find ways to optimize your costs.
Nov 12, 2021   |  By Steve Ferreira
Over the past decade, businesses have flocked to the public cloud, with the promise of faster innovation, improved scalability — and of course, cost savings. Yet for many companies, the reality of cloud migration has been a different story. CFOs are blindsided by high costs and uncontrolled spending.
Nov 10, 2021   |  By CloudZero
FP&A is a strategic part of the finance organization and has the potential to drive important business outcomes. When done right, it can have a major positive impact on the future of the business. When done poorly, it can slow a company down. The role of FP&A has evolved. Today it isn’t just about taking inputs and crunching numbers — it’s about being a strategic advisor to the organization.
Oct 29, 2018   |  By CloudZero
Erik Peterson talks to the audience at DevOpsDays Boston about serverless, reliability, controlling cost, and the future.

With CloudZero you get insights about your applications and systems, helping you manage operations at a scale that you’ve never had before. Our platform provides you with insights about every piece of your system, including the real cost of resources, resource utilization, reserved capacity and cost center efficiency.

With the accurate and trusted data provided by CloudZero you can minimize or eliminate under utilized resources, visualize costs for easy comprehension and oversee the entire software lifecycle. Nothing is out of view when using CloudZero’s Observability platform. From regional views to individual resources, you have insights at every level to help you keep your systems running smoothly.

How do we do it?

  • Collect and Normalize: CloudZero’s platform starts by collecting the data from your CloudWatch, CloudTrail, VPC Flowlogs, Lambda Data Events and Billing Data from every AWS account you connect. This part of the platform is isolated in its own account for security and has read-only access to the accounts you connect.
  • Populate the Stream: All of the data collected is normalized and the events, resources, statistics and billing data are organized into data streams which allow our platform to perform real-time analytics on all the data collected.
  • Find Meaning: Our algorithms take in the normalized data and perform complex analytics sifting through all the data to filter noise and enhance signal. We use Machine Learning on a large scale to learn what is valuable to surface.
  • Visualize Everything: The application provides opinionated visualizations of the insights determined by the platform’s AI. From regional system maps to single resources to cost of service broken down by team, CloudZero’s platform provides true observability to everyone in your organization.

Observability for Everyone. Add cost as a first-class metric and understand the financial effect of operational decisions.