How do Cloud Engineers optimize Cloud costs for businesses?

Answer:

Cloud Engineers provide rightsizing of the resources so that the business pays for only what it needs. They install cost-monitoring tools to track usage and waste. Engineers apply auto-scaling, where automated scaling adjusts resources based on demand. In addition, reserved instances and spot instances bring in cost-efficient resources.

Reviewing and refining of cloud configurations helps eliminate inefficiencies in them, which reduces the expenses of a business without compromising the performance of its activities.

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