Core principles of MDCO
Let’s look at the core principles of MDCO:
- Automated measurement: The continuous and automated measurement of cloud resource utilization, cost, and performance to identify and measure optimizations
- Data-driven decision-making: MDCO relies on data and analytics to inform decision-making and identify areas for cost reduction
- Resource optimization: Optimizing the use of cloud resources, such as reducing the use of underutilized resources or selecting more cost-effective resources, is a key component of MDCO
- Proactive cost management: MDCO enables organizations to be proactive in their cost management rather than simply reacting to cost spikes
- Budget tracking: MDCO enables organizations to track their spending against budgets and identify areas where they can reduce costs
- Cost transparency: MDCO provides organizations with greater transparency into their cloud spend, enabling them to make more informed decisions about their cloud...