Cost Optimizer Overview

Overview

Cost Optimizer is a comprehensive cloud cost management and optimization solution that analyzes cloud-deployed workloads and consumption patterns and identifies cost-optimization strategies. The Cost Optimizer solution helps you to rightsize your cloud workload instances, minimize overprovisioning, and avoid paying for resources that do not deliver business value.

Terminology

Throughout this document, you will refer to the following terms:

TermDescription

Cost Group Type

Maps to the various functions in an organization, for example, Development, HR, IT, and so on.

Cost Groups

Hierarchical structure to define your organization and distribute billing units.

Cloud Account

Credentials for logging in to a cloud provider.

Billing Units

Refers to different entities depending on the cloud. These entities are account IDs in Amazon cloud, Project IDs in Google cloud, Subscription ID in AzureRM cloud, Datacenter name (prefixed with the cloud group) in vCenter clouds, Project ID in OpenStack cloud, and Namespace UID in Kubernetes cloud.

Budgets

Ability to allocate or reserve amounts per cloud or cost group type.

Tags

Key-value pairs associated with resources in a cloud.

Features

The new features in Cost Optimizer 5.1.0 are:

  • Cost report at the resource level using tags

  • Alert notifications sent to recipients when threshold limits are crossed

  • Specify budget allocations and view spending against allocated budget

  • Enhanced rightsizing optimizations through unused volumes

  • Suspension Policies

  • Save commonly used filters for future use and send reports to intended recipients at scheduled intervals

Infrastructure

For setting up the Cost Optimizer infrastructure, see Suite Install 5.1.0 Home > Installation ApproachPrepare Infrastructure.

Port Requirements

Without Cloud Remote

The following image identifies the ports that must be open for Cost Optimizer.

With Cloud Remote

The following image identifies the ports that must be open for Cost Optimizer when using the Cloud Remote component.

* Footnote

  • Is CloudCenter Suite directly accessible from your Cloud Remote? = YES, the arrow from Cloud Remote to CloudCenter Suite is applicable

  • Is CloudCenter Suite directly accessible from your Cloud Remote? = NO, the arrow from CloudCenter Suite to Cloud Remote applicable

Type NodePort: If you set the type field to NodePort, the Kubernetes control plane allocates a port from a range specified by – service-node-port-range flag (default: 30000-32767). Refer to https://kubernetes.io/docs/concepts/services-networking/service/ for additional context.

Module Update Considerations

When updating the Cost Optimizer module, be aware that the update occurs for several minutes. During that time there may be a loss of connectivity between the CloudCenter Suite and individual cloud regions even after the Suite Admin UI indicates that the update has completed. Therefore, it is encouraged to keep this potential loss of connectivity in mind before applying updates.

Logging In to Cost Optimizer

In Suite Admin Dashboard, click the Cost Optimizer card to open Cost Optimizer.

  1. Enter the following:

    • Email 

    • Password

    • Tenant ID of your organization

  2. Click Login.

Cost Optimizer opens in the Cost Optimizer Dashboard page. 

To log out, click the Welcome <username> text in the top-right corner and choose Log Out.

Related Information

See the following sections for detailed information about the Cost Optimizer features:


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