Why Your Cloud Spend Is Too Damn High
Blog post from New Relic
Organizations across various industries, such as finance, government, and hospitality, face the dual challenge of enhancing customer experience while reducing public cloud operating costs, particularly in light of unexpected traffic spikes that require scalable solutions. For example, a restaurant chain aims to ensure customers can place orders within two minutes, requiring over-provisioning of cloud resources, which incurs significant costs. Although technologies like autoscaling, PaaS, and Kubernetes can mitigate over-provisioning, they cannot eliminate it entirely. New Relic offers solutions to optimize cloud costs by providing insights into user experience and resource usage, enabling performance-based cost optimization without compromising customer service. Recent enhancements, including Kubernetes and Lambda integrations, allow for a comprehensive analysis of application performance and resource utilization, helping organizations right-size services and control expenses.