Cost Evaluation
Are Your Financial Resources at Risk? The Urgent Need to Evaluate Technology Costs.
Lack of visibility into the expenses associated with their technology investments is a common challenge nowadays. This lack of knowledge leads to excessive costs, especially when it comes to cloud infrastructure management. Lack of efficient cost management practices can result in inefficient allocation of financial resources, negatively affecting performance and profitability.
To overcome this obstacle, a cost assessment service led by technology experts has emerged as a solution. This practice not only provides a clear view of the associated expenses, but also guides companies towards a more efficient use of their financial resources allocated to technology, thus allowing them to optimize their investment and achieve optimal performance.
Extensive service workloads such as databases and always-on machines could bring unnecessary financial burden to your company. Nubity has the solution to that.
When using the cloud to host your applications and systems, it is important to understand how the billing model works and how you can optimize your costs. The cloud allows you to replace fixed costs (such as data centers and physical servers) with variable costs and pay only for resources as you use them. There are several different billing dimensions, depending on the type of resource you use. These can range from the amount of time a resource is running, the amount of data being stored, transferred or processed, or the number of API invocations performed.