Cloud Cost Optimization Plan Please read the instructions and let me know if you can do it

Unit 4 Assignment: Cloud Cost Optimization Plan

Purpose:

To evaluate your ability to develop a cost optimization plan for a cloud environment that includes analysis of current resource utilization, recommended optimization strategies, implementation planning, and performance monitoring frameworks.

Associated Skills

• Describe cost optimization techniques for cloud environments.

• Implement performance monitoring mechanisms for cloud services.

• Evaluate resource utilization to optimize cloud deployments.

• Construct balanced designs that address both current and future needs.

Instructions

For this assignment, you will develop a cost optimization plan for a provided cloud environment scenario. The scenario includes resource utilization metrics, current costs, and business requirements.

Your plan should include:

• Analysis of current resource utilization and identification of inefficiencies

• Recommended cost optimization strategies with projected savings

• Implementation plan for recommended optimizations

• Performance monitoring framework to ensure optimizations do not negatively impact performance

• ROI analysis for your recommendations

Business Scenario: A mid-sized e-commerce company is experiencing rapidly increasing cloud costs as their business grows. Their current monthly cloud spending has increased 150% over the past year, but revenue has only increased 75%. They need to optimize costs while maintaining performance during peak shopping periods.

Current Environment

• 50 web servers running continuously

• Database servers with 40% average utilization

• 500 TB of storage with mixed access patterns

• Global content delivery network

• Backup and disaster recovery systems

Requirements

1. Analyze the provided resource utilization data and identify cost optimization opportunities

2. Research and select appropriate cloud cost optimization tools from major providers

3. Develop specific recommendations for right-sizing, reserved instances, auto-scaling, and storage optimization

4. Create an implementation timeline with risk assessment

5. Design a monitoring framework to track optimization results

6. Calculate projected cost savings and return on investment

Deliverables

• Submit a 4–6 page cost optimization plan with appropriate diagrams, tables, and calculations.

Tool Requirements: Encourage students to use planning tools (CAF, TCO Calculators, etc.) offered by one of the top cloud service providers of their choice and add screenshots of the output in a way that aligns to their writeup.

Reference Tools:

• AWS Calculator

• Azure Calculator

• GCP Calculator

Submission Guidelines / Criteria for Success

• Demonstrate understanding of cloud cost optimization principles

• Apply cost management tools in a practical and relevant context

• Develop a realistic implementation plan for cost control

• Include comprehensive monitoring strategies for ongoing efficiency

• Support recommendations with specific metrics, timelines, and financial projections