Managing Costs and Optimizing Cloud Usage
This course helps participants understand how to track cloud usage, avoid unnecessary expenses, and implement cost-saving strategies. Topics include setting budgets, analyzing usage reports, and choosing the most cost-effective services.
Why It’s Worth It
Gain a comprehensive understanding of cloud economics and key cost drivers affecting your organization.
Learn to create budgets and forecast cloud spending to avoid unexpected expenses in your operations.
Develop skills in monitoring and tracking usage to quickly identify and address inefficiencies, saving your organization money.
Your Learning Roadmap
Cloud Economics and Cost Drivers
This module introduces the fundamental concepts of cloud economics, highlights factors that impact cloud expenditure, and explains how these factors drive overall IT budgets. Participants learn to interpret economic data and understand cost drivers to make informed decisions about cloud usage. Introduction to Cloud Economics Key Cost Drivers in Cloud Economic Impact on IT Budgets
Budgeting and Forecasting in the Cloud
This module outlines practical techniques for establishing budgets and forecasting cloud spending. It covers cost allocation, historical data analysis, and predictive modeling, leveraging concepts from Cloudonomics. Participants will learn how to proactively manage future expenses in an ever-changing cloud environment. Setting Cloud Budgets Forecasting Usage Patterns Cost Allocation Techniques
Monitoring and Tracking Cloud Expenses
In this module, learners discover various monitoring strategies and tracking tools that provide transparency into cloud spending. Emphasis is placed on leveraging vendor dashboards and analytical reports to identify trends, potential inefficiencies, and abnormal cost spikes. Real-time Monitoring Techniques Analyzing Usage Reports Alerting and Reporting Tools
Cost Optimization Strategies
This module presents cost optimization techniques including selecting cost-effective services, making use of reserved instances and spot pricing, and leveraging auto-scaling approaches. It integrates insights from popular frameworks and books, helping learners identify the best strategies for their specific cloud environments. Optimizing Service Selections Reserved and Spot Instances Auto-scaling and Rightsizing
Implementing Cost-Saving Frameworks
This module delves into established frameworks such as Cloud FinOps that help organizations manage cloud spending more effectively. It covers vendor-specific cost tools, best practices for operational governance, and strategic planning necessary to institutionalize cost-saving measures. Cloud FinOps Principles Vendor-specific Tools Governance and Best Practices
Advanced Case Studies and Best Practices
This final module examines practical examples from leading cloud adopters, including case studies from AWS and Azure environments. Participants analyze successful strategies, scrutinize usage reports, and learn how to embed a cost-conscious culture within their organizations. Case Study: AWS Optimization Case Study: Azure Cost Management Building a Cost Culture
What Users Are Saying
All You Need to Know
Enroll Now!
Real-time Q&A with an AI tutor for personalized guidance.
Self-paced learning allows you to master topics at your convenience.
Hands-on examples and practical applications for better understanding.
Comprehensive modules covering all aspects of cloud cost management.
Instant feedback on your questions to enhance learning.
Case studies from leading providers to illustrate successful strategies.