1. Introduction
In today’s cloud computing landscape, companies increasingly rely on multiple platforms for their daily operations. This flexibility and scalability in using Google Cloud Platform (GCP), Microsoft Azure, and Amazon Web Services (AWS) bring with them a significant challenge: cost control.
FinOps emerges as a crucial discipline for efficiently managing these costs, allowing organizations to get the maximum value from their cloud investments. This article explores in detail how to control costs in GCP, Azure, and AWS, highlighting the specific tools each platform offers and providing advanced technical recommendations.
2. How to Control Costs in GCP
Google Cloud Platform (GCP) has developed a comprehensive ecosystem of tools designed to facilitate cost monitoring and optimization. Below, we delve into some of these tools and recommended practices:
- Google Cloud Billing: Google Cloud Billing not only allows the setting of budgets and alerts but also offers advanced cost analysis functionality. It is possible to break down costs by individual projects, making it easier to allocate expenses in shared environments. Additionally, this tool integrates data with BigQuery, allowing SQL queries on billing data for more detailed and customized analysis.
- Cost Management Reports: Cost management reports in GCP are highly customizable. Users can generate automatic, scheduled reports that segment costs by custom tags, products, regions, or service accounts. This segmentation ability enables companies to quickly identify areas consuming more resources and take corrective actions.
- BigQuery and Data Studio: BigQuery, as a large-scale data analysis engine, is ideal for storing and analyzing vast volumes of billing data. Organizations can create custom queries to gain specific insights into resource consumption, identifying usage patterns that may be influencing costs. Data Studio, in turn, allows for visualizing these data in interactive dashboards that are easy to share and understand, facilitating data-driven decision-making.
- Optimization Recommendations: GCP employs artificial intelligence and machine learning to provide automatic resource optimization recommendations. These suggestions include resizing instances or switching to more economical pricing models, such as committed use discounts. Specific recommendations can also be activated to adjust network, storage, and processing configurations to improve efficiency and reduce costs.
3. How to Control Costs in Azure
Microsoft Azure, with its focus on interoperability and deep integration with business tools, offers a powerful set of solutions for cost management. Below, we detail some of the key tools and techniques for controlling costs in Azure:
- Azure Cost Management + Billing: This tool not only enables comprehensive cost tracking but also integrates predictive analytics to help forecast future costs based on current trends. Azure Cost Management allows users to set rules for automating report creation and alert configuration when spending patterns deviate.
- Azure Advisor: Azure Advisor provides detailed recommendations based on Microsoft’s best practices. In addition to suggesting the adoption of reserved instances, Azure Advisor can recommend resource consolidation or configuration changes to optimize performance and reduce costs. Its ability to integrate these recommendations directly into automated workflows makes it a valuable tool for FinOps teams.
- Tags and Policies: Azure allows tagging of all resources, making cost tracking more precise. Azure Policy, on the other hand, is a powerful tool for defining and enforcing rules that control resource deployment and usage on the platform. For example, policies can be set to restrict the creation of expensive resources or those that don’t meet certain organizational standards, reducing the risk of unnecessary costs.
- Azure Reservations and Spot VMs: Azure Reservations allow businesses to reserve cloud capacity long-term, achieving significant savings compared to on-demand prices. Spot VMs, meanwhile, offer an economical alternative for fault-tolerant workloads, as they use unused Azure capacity at a significantly reduced price. Organizations can leverage these instances to run tasks such as testing, simulations, and massive data processing, thus optimizing their cloud budget usage.
4. How to Control Costs in AWS
Amazon Web Services (AWS) is known for its wide range of services and tools, many of which are specifically designed to help organizations efficiently manage their costs. Below are some of the most notable tools for cost control in AWS:
- AWS Cost Explorer: AWS Cost Explorer is essential for any FinOps strategy. It allows deep cost analysis through a graphical interface that makes identifying trends and patterns in service consumption easy. Users can create custom views to analyze costs by account, region, service, or tag, allowing for detailed segmentation. Additionally, AWS Cost Explorer includes forecasting features that help estimate future costs and plan accordingly.
- AWS Budgets: AWS Budgets offers an advanced way to control costs by allowing the creation of specific budgets for various aspects of AWS usage. In addition to traditional alerts, when certain spending thresholds are reached, AWS Budgets can integrate with other AWS tools to automate actions, such as stopping instances or modifying configurations when limits are exceeded, thus providing proactive cost control.
- Savings Plans and Reserved Instances: AWS offers Savings Plans as a flexible solution to gain significant discounts by committing to constant resource usage for one or three years. These options allow businesses to optimize the cost of their instances without sacrificing operational flexibility. Reserved Instances, although more specific, offer even greater discounts for workloads that require fixed configurations over an extended period.
- AWS Trusted Advisor: AWS Trusted Advisor is a comprehensive tool that provides recommendations not only for cost optimization but also for improving security, fault tolerance, and operational efficiency. Trusted Advisor continuously reviews the AWS account configuration and suggests adjustments to maximize performance and minimize costs. These recommendations can include removing underused resources, resizing instances, or adopting new services that offer better performance at lower costs.
5. Conclusions
Controlling costs in GCP, Azure, and AWS requires a proactive approach and the use of the right tools provided by each platform.
Organizations that implement effective FinOps practices can not only significantly reduce their cloud expenditures but also improve operational efficiency and business agility.
With a well-defined strategy based on the recommendations and tools mentioned, it is possible to maximize return on investment and ensure that cloud resources are used optimally, aligned with the company’s strategic goals.
The key, ultimately, lies in adopting a continuous approach to monitoring, optimization, and adapting to the changing needs of the business and the technological environment.
At Novis, we not only have the knowledge and expertise to implement and optimize cost control solutions in GCP, Azure, and AWS, but we also have our own tool, Novis Cloud Controller. With Novis Cloud Controller, we offer businesses a comprehensive solution that integrates with the three major cloud platforms, facilitating centralized cost management. Through this tool, we can monitor resource usage in real-time, generate custom reports, and apply automated optimization strategies that reduce costs and improve operational efficiency. At Novis, we help our clients implement advanced FinOps practices using both our internal solutions and the native tools of each cloud platform, ensuring total control over their investments. With our approach, companies not only save costs but also achieve greater agility and efficiency in their cloud operations, aligned with their business goals.
If you would like to learn how Novis can help, we invite you to contact us.
Note by Jorge Porro Borjabad, Novis Architecture Leader, and Gilda Valderrama Martínez, Novis Newsletter Editor.
Related notes: