Run: Optimize Your Cloud Spend
Capture, understand, and use cloud spend collected data to monitor the progress of your application’s optimization.
Now that you are using cloud-hosted infrastructure and services, it is important to start looking very early and very closely at your cloud spend. New Relic can help you:
- Make sure that your assumptions about your cloud spend are playing out as expected
- Quickly catch and correct any unexpected spikes in spending
- Start fine-tuning the usage of your cloud-based resources
Five Steps to Optimize Your Cloud Spend
Set up Alerts (optional, but also sorta not optional)
Ideally, all levels within your organization will have visibility to the actual, forecasted, and total cloud spend KPIs corresponding to your applications.
Developers: We want you to have a full understanding of what applications are currently costing. That way you can help to properly configure applications to use more efficient services. Examples: Lambda and properly sized instances.
Operators: Monitoring application costs will allow you to catch possible overruns due to misconfigured services. Example: auto scaling configuration not scaling down properly.
Executive: An overall view of both actual and forecasted cloud spend for both individual applications and total costs will allow for better business decisions.
A complete guide in our documentation including sample dashboards.
Increase polling intervals and adding filters to just poll the important stuff.
This really comes in handy for reducing your Cloudwatch bill as you target specific areas rather than your whole cloud for integrations. Enabling cloud integrations can dramatically increase your Cloudwatch bill, so taking these measures is important!
Some specific documentation on troubleshooting Cloudwatch billing issues.