Cost Considerations
In the previous chapter, you learned about operational excellence and the use of automation to optimize post-production operations, resulting in reduced human error, increased efficiency, and, ultimately, cost savings. Optimizing the cost of your architecture is a vital aspect of maintaining an efficient and sustainable IT environment. This involves understanding and managing the resources that your applications consume and ensuring that you’re only paying for what you need. In this chapter, we’ll explore various strategies for cost optimization, including right-sizing resources, selecting appropriate pricing models, and utilizing budgeting and cost management tools.
One of the primary goals of any business is to increase profitability while serving customers. Cost is a crucial topic of discussion when a project is initiated. Application upgrades and the addition of new product features heavily depend on the funding available. The product’...