EBS Cost Optimization.
EBS cost optimization is the practice of minimizing the cost of Elastic Block storage volumes in AWS (Amazon Web Services) by identifying and eliminating wasteful spending.
But why do you have those costs in the first place? Well, if you’re using an AWS or other web-based service, you’re likely storing business information in the cloud or across other integrated software systems.
Why would you want an EBS cost optimization plan?
An optimized EBS cuts down on a significant amount of AWS and other related platform spending by simply organizing your data correctly. So, if you’re planning to grow your web-based service, you’ll likely want an EBS to help you deduce how best to structure your new system, to save on costs.
How does EBS cost optimization work?
Think of your EBS as a library or card indexing system. The better you can record what’s in your system, the less time you spend searching for what you need. Plus, you avoid overspending or duplicating your system by having easy access to important information, which you’ll know because it’s indexed/shelved correctly.
To begin utilizing your EBS, you should look to:
- Choose the right volume type that best meets your performance and capacity requirements whilst also remaining cost-effective.
- Optimize your digital volume size to ensure you are not paying for unused capacity.
- Monitor volume usage and adjust as needed to optimize performance and cost.
- Use EBS snapshots wisely. Delete unused EBS snapshots and use incremental snapshots to minimize the amount of data stored. Keep in mind EBS snapshots are not for DR (Disaster Recovery), and you’ll need another system in mind for that eventuality.
- Use a lifecycle policy to automate the deletion of unneeded volumes and snapshots.
What’s the value of using an EBS?
If you’re planning to update your AWS platform, you should talk to your software design team or manager about an EBS optimization, as it could help tell you to decide:
- Whether you are meeting your performance and capacity requirements while remaining cost-effective. When we mention performance and capacity, we’re talking about your digital ability to meet client needs based on the current platforms you use. How well you can do this will depend on the scale of your operations and cloud files.
- Whether you can optimize the volume size so you’re not paying for unused storage capacity. Volume in this context refers to how large a file system you have. A FinOps system should allow you to monitor your usage and adjust your EBS accordingly to align with actual best practices.
- How to take the best snapshots. Snapshots are glimpses of your digital performance. They tell the story of your product, but they also add to your overall storage capacity. Keep snapshots minimal and use incremental snapshots to reduce data storage size.
- Your lifecycle policy. If you’re continually adding to your EBS, you’re not making the most of running an efficient FinOps program. Automate the deletion of unneeded volumes and snapshots to increase performance.
Main advantages of a cost-optimized EBS
- Helps minimize unnecessary EBS costs and waste
- Keeps a compliant record of current operations
- Allocates resources more efficiently
- Allows you to plan strategically
- Enables identification of cost optimization opportunities for Amazon EBS volumes
- Helps optimize EBS volume utilization and performance
- Facilitates effective volume sizing and capacity planning
- Provides visibility into EBS volume usage and spending
- Enables cost predictability and better cost control.
Integrations.
- GP2
- GP3
- IOPS
- Snapshots
- Amazon
A common user story
“EBS cost optimization is a valuable practice that can help organizations save money, improve efficiency, and achieve their business objectives while using AWS effectively and efficiently.”
Any questions?
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