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Metric-Driven Cost Optimization
Metric-Driven Cost Optimization (MDCO) is a cost-management strategy for cloud computing environments. It involves using data and analytics to continuously monitor, measure, and optimize cloud costs. By using metrics, organizations can gain a deep understanding of their cloud spend and identify areas where they can reduce costs.
This approach involves collecting and analyzing data on cloud resource utilization, cost, and performance. The data is used to understand the organization’s cloud spending patterns and to identify areas for optimization. Based on this information, organizations can make informed decisions about their cloud infrastructure investments, such as reducing the use of underutilized resources ...
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