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How to reduce cost of Google Cloud

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Over the past two years, the main native cloud players have launched cloud management product teams focused on improving the visibility, billing, and optimization capabilities available natively. Google Cloud has also joined this effort.

The company provides customers with cost and billing support via onboarding checklists, how-to guides, billing support specialists, and providing billing account, catalog, and budget APIs. Although Google bills customers on a monthly basis, it is also providing options for per-second, on-demand pricing additionally to varied committed or sustained-use discounts:

Sustained-use discounts. for normal virtual machines (VMs) getting used quite 25% monthly, Compute Engine will automatically discount your bill. Better yet, if an instance is run the whole month, the discount increases to 30%, another benefit that gives a reduction outside the normal path of prepaying usage time.
Committed-use discounts. almost like Amazon Web Services’ Reserved Instances, the user can receive a reduction (up to 57%) in exchange for committing to using an instance for a particular period of your time. When used optimally, users can save to 57%. No upfront payment is important, and there’s the flexibility to vary during the commitment period. The instance purchase is tied to a neighborhood, however, but is often changed to any instance configuration with few limitations.
Preemptible VMs. Like Amazon’s Spot Instances, Google Cloud Platform (GCP) offers a hard and fast 80% discount for virtual machine usage, though only a 30-second warning is provided before a preemptible instance changes price.

As is that the case with all major cloud platforms, navigating billing and price optimization gets highly complex. New users can begin their savings with Google’s free cost management tools (GCP Pricing Calculator, resource hierarchy, Cloud Identity, and Access Management, or quotas). confine mind that with its per-second billing, anyone interacting with Google resources should create a script that starts, stops, and destroys a resource for the duration of the appliance usage. Not only will this prevent unnecessary costs but it could also prevent operational and security issues

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