Tech Tools

Google Cloud (GCP)

Costtrail summarizes the month-to-date usage highlights and optimization opportunities, providing actionable insights for cost savings and resource optimization.

Google Cloud (GCP)

Cost Optimization with Google Cloud (GCP)

GCP offers a range of features and best practices to help you manage and optimize your database costs. By leveraging these tools, you can ensure efficient use of resources and maintain control over your spending.

GCP Pricing Models:

Consolidation

Google Cloud Platform Consolidation Strategies

Benefit from Consolidated

Insights with Comprehensive Dashboards
Access a unified view of your GCP spending through comprehensive dashboards. Review key cost metrics, including month-to-date expenses, month-end forecasted costs, and saved reports, to stay on top of your cloud expenses.

Automated Trend Analysis

GCP’s automated trend
GCP’s automated trend analysis helps you spot anomalous cost and usage events by analyzing historical data patterns. This enables you to identify unusual spending and optimize resource allocation efficiently.

Optimized User Experience

Enjoy a streamlined
Enjoy a streamlined user experience designed to accommodate all levels of expertise within your organization. Quickly onboard and effectively use Google Cloud’s cost management tools to handle a wide range of cost control requirements.
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Committed Use Discount (CUD) Utilization
CUD Coverage Report – Comparison of Compute Engine Hours Covered by Committed Use, Preemptible, and On-Demand Instances

  • Analyze the utilization of existing Committed Use Discounts (CUDs) and the resulting savings achieved.
  • Determine the percentage of hours utilized by CUDs and the corresponding cost savings (calculated as the difference between On-Demand and CUD costs).
  • Generate reports including CUD amortization.
  • Applicable for Google Compute Engine, Cloud SQL, BigQuery, and other GCP services that support committed use contracts.
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  • Receive personalized Committed Use Recommendations to optimize savings, utilization, and cost commitment.

  • Available for GCP services such as Compute Engine, Cloud SQL, BigQuery, and more.

  • Tailor recommendation parameters to align with your preferences, including payment options and term duration.

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  • Minimize Data Transfer: Reduce data transfer costs by minimizing the amount of data sent over the network. Use efficient data serialization formats and batch operations to optimize network usage.
  • Locality of Instances: Deploy Redis instances closer to your application servers to reduce network latency and costs associated with data transfer between regions.

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GCP Success Metrics

- Average Daily Spend ($)
- Monthly Forecast vs Actual ($)
- Untagged Resources ($)
- Turned Off Instances (%)
- CUD Coverage and Utilization (%)
- Saved Costs ($)
- Underutilized Resources (#)
- Cost per User or Transaction ($)
- Cost per Impression or Click ($)
- Cost per Request ($)
- Cost per Application Unit ($)
- Cost per Revenue ($)
- Cost per Developer ($)
- Hours per Dollar Invested (#)

GCP Compute Engine CUD Range for savings

- payment Option - No Upfront, Partial Upfront, All Upfront
- Duration - 1 year or 3 year
- Operating System - Linux, Non- Linux
- Instance Type - Old Generation, New Generation
- Type - Convertible, Standard

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