Cloud Cost Factors and AWS Cost Optimization Techniques

Cost has been a key benefit in migrating the application and data to cloud in addition to the built-in capabilities available. Eventually this key factor which attracts the migration to cloud, has taken a sharp turn and made the enterprises think whether to stay on the cloud or switch back to on-premise or a hybrid setup. This article attempts to identify the external and internal factors and common pitfalls during cloud migration that drive up the cloud cost. Also, various techniques and best practices that are potentially available today to help optimize the higher cost on compute, storage, and data transfer specific to AWS Cloud is being discussed, but similar approach can be implemented with other cloud providers as well.