What KPI you can use to monitor your cloud usage ?
Published 23 February 2023 · MyCloudRocks
Overall Cost: Monitoring your overall cloud cost is crucial to keep your cloud expenses in check. You should keep an eye on your total cloud spend on a monthly or quarterly basis.
Cost per Service: Tracking the cost per service will help you identify which services are driving up your cloud bill. It will help you to better understand where to focus your cost optimization efforts.
Cost per User: Tracking the cost per user will give you an idea of which users are consuming the most resources, and help you identify potential areas for cost savings.
Resource Usage: Monitoring your resource usage will help you ensure that you’re only paying for what you need. You should track resource usage by type and usage time and adjust resource usage accordingly.
Cost Savings Achieved: Tracking your cost savings achieved will help you measure the success of your cost optimization efforts. You should regularly evaluate the savings achieved and make adjustments to your cost optimization strategies as needed.
Monthly Budget Variance: Monitoring monthly budget variance can help you ensure that you’re staying within your budget. You should track the difference between your actual cloud costs and your budgeted costs each month and adjust your spending accordingly.