"A small leak will sink a great ship." Managing cloud storage costs requires vigilance and strategic action. Here’s how I keep expenses in check: 🔍 Audit storage usage: Regularly review stored data, removing duplicates or obsolete files to avoid paying for unused space. 📂 Tiered storage solutions: Place frequently accessed data in high-performance tiers and archive rarely accessed data in cost-effective cold storage. ⚙️ Data lifecycle policies: Automate data movement or deletion using lifecycle rules to prevent storage from ballooning unnecessarily. 📊 Monitoring tools: Use cloud provider dashboards to analyze usage patterns and optimize storage configurations. #cloudstorage #costoptimization #datacenters

One approach we use is to implement automated data categorization and compression to ensure that only essential, frequently accessed data stays in higher-cost storage tiers. For instance, files that aren’t accessed in 30 days are automatically moved to archive storage, and certain logs or backups might be compressed or deduplicated to save space. We also employ detailed tagging and cost-tracking tools to understand which projects or departments generate the most storage expenses. These insights help guide discussions on data retention policies and can highlight opportunities for consolidation. Additionally, we periodically review and adjust retention policies to align with compliance requirements but avoid over-saving unnecessary data.

Use Highly compressable data formats like Parquet or Avro to store high volumes of data and to allow pulling partial data instead of pulling entire datasets and filtering in your apps. This will reduce storage and storage API costs