Everyone wants to make wise investments, save money, and reduce expenditures. One strategy that many businesses are using to do this is to go to the cloud. However, migrating everything to the cloud at once may not be the best course of action, especially if you don't have a comprehensive understanding of your pre-cloud spending.
Instead, optimization through a combination of workload migration to the cloud
, rightsizing, and having a plan in place to handle future demands is crucial.
Here are some critical considerations for your quest for cost savings:
Syncing Software Licenses
Making a summary of your entitlements, using situations, and comparing the two is an excellent place to start. However, it can be challenging to keep track of what licenses you possess, what you require, and how to optimize some software packages because they have been in use for years. Additionally, some licenses might have been bought for a specific project that is no longer active.
Upscale, Not Downsize
Examine all of the contract documentation first. Read the terms and conditions contained in your agreements, and be aware of how they may affect your present circumstances. Terminate any licenses not being utilized right now and won't be in the future (shelfware). Even though you won't receive your money back, you will save money by forgoing the associated maintenance and support expenses.
Find an Independent Consultant
With the complexity surrounding licenses and cloud spending, finding an independent advisor could prove to be a helpful investment that will save costs in the long run as your organization needs change. Microsoft contracts, for instance, are typically three years long. Therefore, those who signed a contract in 2019 would have experienced significant changes throughout 2020 as remote work became commonplace virtually overnight.
For instance, when considering a switch from on-premise to cloud computing
, firms will go through a financial transition in addition to a digital one. An elastic approach necessitates constant management since they aren't simply changing environments; they are also changing mindsets.