In today's rapidly evolving digital landscape, organisations are increasingly turning to cloud technology to drive innovation, agility, and scalability. However, with the myriad of cloud services and resources available, optimising costs while maximizing ROI presents a significant challenge. This panel will explore strategies and best practices for achieving cost efficiency in the cloud, ensuring organisations derive the maximum value from their cloud investments. Delve into the key principles of cost optimisation, including rightsizing resources, implementing effective cost allocation policies, and optimizing performance and availability.
 
Key Discussion Points:

• Rightsizing and Resource Optimisation: Discussing strategies for rightsizing cloud resources to match workload requirements, including leveraging cloud-native tools and services for monitoring resource utilization and identifying opportunities for optimisation.
• Cost Allocation and Tagging Policies: Exploring the importance of implementing robust cost allocation and tagging policies to track and manage cloud spend effectively. Emphasizing the value of transparency and accountability in managing cloud costs and optimising resource usage to maximise ROI.
• Optimising Performance and Availability: Examining strategies for optimising performance and availability in the cloud while minimising costs. Discussing techniques for implementing cost-effective high availability and disaster recovery solutions and considering the trade-offs between performance, availability, and cost.