DATA ENGINEERING GROUPS TO DEDICATE INCREASED EFFORT ON OPTIMIZING DATA CLOUD EXPENSES
Keywords:
Cloud Cost Optimization, Cost-effective Solutions, Data Engineering, Data Migration, Performance BalancingAbstract
In the digital era, cloud technologies have become the backbone of many businesses, offering unparalleled scalability, flexibility, and operational efficiency. However, this rapid adoption has also ushered in significant challenges, particularly in managing data storage and processing expenses. As more enterprises transition to the cloud, there's increasing pressure to ensure these investments are both technologically sound and financially sustainable. This article delves deep into the evolving landscape of data cloud costs, highlighting the proactive measures data engineering teams take to optimize expenses. It also explores the root causes of escalating costs, the hurdles organizations face in their optimization journey, and the innovative solutions implemented. By examining real-world case studies and drawing on industry insights, we aim to provide a comprehensive guide for businesses seeking to strike the perfect balance between top-tier performance and cost-effectiveness in the data cloud environment.
References
Botta, A., De Donato, W., Persico, V., & Pescapé, A. (2016). Integration of cloud computing and internet of things: a survey. Future generation computer systems, 56, 684-700.
Ouf, S., Nasr, M., & Helmy, Y. (2010, December). An enhanced e-learning ecosystem based on an integration between cloud computing and Web2. 0. In The 10th IEEE International Symposium on Signal Processing and Information Technology (pp. 48-55). IEEE.
Elmasry, H. M., Khedr, A. E., & Nasr, M. M. (2019). An adaptive technique for cost reduction in cloud data centre environment. International Journal of Grid and Utility Computing, 10(5), 448-464.
Muralidhara, P. (2017). The evolution of cloud computing security: addressing emerging threats. International journal of computer science and technology, 1(4), 1-33.
Khan, T., Tian, W., Zhou, G., Ilager, S., Gong, M., & Buyya, R. (2022). Machine learning (ML)-centric resource management in cloud computing: A review and future directions. Journal of Network and Computer Applications, 204, 103405.
Marr, B. (2015). Big Data: Using SMART big data, analytics and metrics to make better decisions and improve performance. John Wiley & Sons.
Padhy, R. P., Patra, M. R., & Satapathy, S. C. (2011). Cloud computing: security issues and research challenges. International Journal of Computer Science and Information Technology & Security (IJCSITS), 1(2), 136-146.
Alkhanak, E. N., Lee, S. P., Rezaei, R., & Parizi, R. M. (2016). Cost optimization approaches for scientific workflow scheduling in cloud and grid computing: A review, classifications, and open issues. Journal of Systems and Software, 113, 1-26.
Petcu, D. (2013, April). Multi-cloud: expectations and current approaches. In Proceedings of the 2013 international workshop on Multi-cloud applications and federated clouds (pp. 1-6).
Ahmad, T., Madonski, R., Zhang, D., Huang, C., & Mujeeb, A. (2022). Data-driven probabilistic machine learning in sustainable smart energy/smart energy systems: Key developments, challenges, and future research opportunities in the context of smart grid paradigm. Renewable and Sustainable Energy Reviews, 160, 112128.
Deloitte-Available: https://www2.deloitte.com/content/dam/Deloitte/pt/Documents/ofertas-consultoria/cloud_cost_optimization_case_study_ecs.pdf
GlobalDots–Available:https://www.globaldots.com/resources/case-studies/cloud-cost-optimization-case-study-reveals-finops-massive-benefits/
Deepika, T., & Prakash, P. (2020). Power consumption prediction in cloud data center using machine learning. Int. J. Electr. Comput. Eng. (IJECE), 10(2), 1524-1532
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Alekhya Achanta (Author)

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.