RONIN
CLOUD COST MANAGEMENT
RONIN is known for providing clear visibility of all cloud resource costs and current expenditure within and across projects.
RONIN provides a number of cost management tools at both the user and administrator levels to help monitor and optimise cloud costs, including budget tracking, forecasting, smart scheduling, email alerts and project auto-pause.
Custom project and financial codes are automatically applied and tracked by RONIN to assist in the generation of financial reports and reconcilliation of project spend at the end of each month. We also offer a Cloud Credits Program as a pre-purchase option for cloud.
-
What is cloud cost management?
Cloud cost management is the practice of effectively managing and optimising the expenses associated with using cloud services such as AWS. This involves a combination of financial management, cost tracking, budgeting, and optimization strategies to ensure that organisations are getting the best value for their cloud investments.
-
What are the best ways to optimise cloud costs?
Optimising cloud costs involves several strategies that can help organisations reduce their expenses such as:
- - Employing cost management tools to track, monitor and forecast costs and usage
- - Right-sizing resources
- - Shutting down resources when they are not required
- - Optimising storage by leveraging different storage types and configuring archive lifecycle rules
- - Using spot instances where possible
- - Incorporating reserved instances and other savings/discounts
-
What are the benefits of cloud cost management?
Cloud cost management offers several benefits that can significantly impact an organization's financial health, operational efficiency, and overall business strategy, including:
- - Expense Reduction
- - Optimised Resource Utilisation
- - More Accurate Budgeting, Forecasting and Financial Planning
- - Improved Financial Accountability
- - Promotion of Cost-Conscious Behaviour
-
How can RONIN help?
RONIN enables the establishment of budgets for cloud spend with ability to assign these costs to specific departments, projects, or teams. RONIN also provides tools and dashboards to continuously track, monitor and forecast cloud usage and expenditure, as well as optimise cloud costs and prevent overexpenditure.