Cost Optimization of Cloud Services through
Automated Analytics and Resource Allocation
Journal:
GRENZE International Journal of Engineering and Technology
Authors:
Mukesh Sevak Shende, Manoj B. Chandak
Volume:
10
Issue:
2
Grenze ID:
01.GIJET.10.2.625_1
Pages:
1727-1732
Abstract
Cloud computing offers scalable and cost-effective access to computing resources,
necessitating meticulous cost optimization. This project introduces an automated system for
cloud cost optimization, amalgamating pricing analysis, service metrics, and resource utilization
assessment. It encompasses an administrative portal for provider analysis and resource
monitoring, alongside analytics modules tracking availability, latency, scalability, and pricing
competitiveness. Leveraging REST APIs, machine learning, and tools like Terraform and
Ansible, the system proposes cost-effective provider and instance allocations based on real-time
and forecasted needs. Administrators can define allocation policies and scaling thresholds for
automated adjustments. The system culminates in an intelligent software agent adept at
efficiently administering cloud resources, minimizing costs while meeting application demands.
It exemplifies the application of analytics, automation, and AI to continually optimize dynamic
cloud infrastructure, surpassing manual or reactive approaches.