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What are some cost cutting strategies for controlling cloud computing costs?

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Cost cutting refers to measures implemented by a company to reduce its expenses and improve profitability. Cost cutting measures are typically implemented during times of financial distress for a company or during economic downturns.
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Online Mathematics tutor with 4 years experience(Online Classes for 10th to 12th)

Cost cutting refers to measures implemented by a company to reduce its expenses and improve profitability. Cost cutting measures are typically implemented during times of financial distress for a company or during economic downturns.
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I'm a professor with more than 6 years of experiences.

Cloud computing offers numerous benefits, but managing costs effectively is crucial. Here are some key strategies to control your cloud computing expenses: 1. Right-sizing Resources: Identify and eliminate unused or underutilized resources: Regularly monitor resource usage and identify idle instances,...
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Cloud computing offers numerous benefits, but managing costs effectively is crucial. Here are some key strategies to control your cloud computing expenses:

 

1. Right-sizing Resources:

Identify and eliminate unused or underutilized resources: Regularly monitor resource usage and identify idle instances, VMs, or storage that can be stopped or downsized.

Choose the right instance type: Select instance types that align with your workload requirements.Consider using smaller, burstable instances for tasks with fluctuating demands.

Utilize auto-scaling: Leverage auto-scaling features to automatically adjust resources based on real-time usage, optimizing resource allocation and avoiding overprovisioning. 

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