Cost Optimization Best Practices

Cost Optimization Best Practices An architecture diagram generated by Archify. Cost Optimization Best Practices · EKS cluster · Architecture component Cost Optimization Best Practices EKS cluster General Best Practices · Continuous optimization · Culture · Automation · Architecture component General Best Practices Continuous optimization · Culture · Automation Workload-specific Optimization · Dev/Test · Batch · Web apps · DB · Architecture component Workload-specific Optimization Dev/Test · Batch · Web apps · DB Cost Optimization for Financial Services · Compliance · HA/security vs. cost balance · Architecture component Cost Optimization for Financial Services Compliance · HA/security vs. cost balance Measure · Current cost & usage · Continuous Cost Optimization Measure Current cost & usage Analyze · Drivers & opportunities · Continuous Cost Optimization Analyze Drivers & opportunities Optimize · Implement strategies · Continuous Cost Optimization Optimize Implement strategies Monitor · Results & adjustments · Continuous Cost Optimization Monitor Results & adjustments Iterate · Repeat the process · Continuous Cost Optimization Iterate Repeat the process Iterate Continuous Cost Optimization Legend Backend Cloud Security

General Best Practices

  • • Continuous cost optimization: measure → analyze → optimize → monitor → iterate
  • • Building a cost-aware culture: give teams cost visibility, set optimization goals, reward achievements
  • • Utilizing automation: auto-scaling, cost anomaly alerting, automatic removal of idle resources

Workload-specific Optimization

  • • Development and test environments: auto shutdown when not in use, spot instances, resource limits
  • • Batch workloads: spot instances, schedule runs during off-peak hours, release resources after job completion
  • • Web applications and database workloads are optimized for their own characteristics

Cost Optimization for Financial Services

  • • Regulatory compliance cost management
  • • High availability and cost balance
  • • Security requirements and cost balance