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Driving cloud value through cost optimization & efficiency
- Capital One experts presented on cloud cost optimization at AWS re:Invent 2024, emphasizing the importance of maximizing value in the cloud by optimizing costs and ensuring efficiency.
- A multilayered approach to cloud optimization includes focusing on both the cloud infrastructure and software layers for maximum cost efficiency.
- At the infrastructure layer, rightsizing and optimization for cloud resources are critical to matching workloads with the best-fit instance.
- Lessons from Capital One include scaling efficiently, leveraging newer instance generations, and accurate instance selection for enhanced performance and cost savings.
- Efficiency through software optimization is key, with examples showing the impact of software decisions on cloud spend and performance.
- Optimizing GPU costs for AI and ML applications requires deep insights into GPU workload efficiency and collaboration with data scientists for performance improvements.
- Establishing a culture of cloud efficiency with a focus on accountability, clarity, and incentives is crucial for driving optimization beyond just tools and technology.
- Capital One's strategic approach to cloud cost efficiency involves understanding user needs, developing a strategy supported by tools, and measuring key performance metrics.
- The ongoing cloud optimization journey at Capital One emphasizes continuous learning, innovation, and principles like understanding user needs and using supporting tools effectively.
- Authors Jerzy Grzywinski and Brent Segner from Capital One provide insights into cloud cost optimization strategies and the importance of culture in driving cloud efficiency.
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