Nowadays, the acceleration of digital transformation and the increasing popularity of cloud technology enables companies to develop and provide more diverse and unique digital services to their users and customers. As a result, many businesses are starting to engage in technology development and become technology companies. Therefore, the technology budget is increasing in proportion to this new reality. IT spending is expected to reach $4.6 trillion in 2023, an increase of 5.5% from 2022 – according to IBM.
With these reasons, technology expense management, budget management, and forecasting are increasingly important for CIOs and IT departments. In fact, cost control is now the top priority for all organizations in all industries. Because in the current economic context, businesses’ ability to optimize costs will determine their ability to cope.
Anh Dũng – owner of an online retail company shares that: “It is necessary to identify inefficient costs, optimize them and come up with practical cost strategies for the business. For example, businesses invest in modern physical server systems but then realize that costs will be halved when they switch all work to the cloud. However, there are also cases where businesses use cloud services and find that they have not fully utilized the capacity while still having to pay for the entire resources. Or in other cases, the business only has a fixed budget when deploying the project and needs to ensure the ability to control to stay within this limit.”
Doing these things is also a quite difficult task because in every technology system, there are often many components, and it is not easy to calculate the number of servers with the correct configuration to ensure the budget specified from the beginning. When looking for options to meet their cost control needs, Anh Dũng evaluates the new cost solution offered by Bizfly Cloud an ideal solution for many difficult problems.
Unlike the conventional method of renting individual servers with specific configurations for each machine, Bizfly Cloud’s Pool Resource solution provides a package of resources (including CPU, RAM, memory…) according to specific limits. With this option, businesses can purchase resources according to the limited budget, whatever the budget is, they will buy the corresponding amount of resources.
The cost of pool resources is cheaper than buying individual servers. With each retail server, the cost will vary depending on the specific configuration (larger server configurations will have higher prices due to their characteristics). However, with the pool resource, the cost will be calculated based on the unit of resources and the number of resources the user buys.
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