There have been scenarios in which companies struggle to understand where they spend their cloud budget. For example, distinguishing between projects, teams, and applications with infrastructure services utilising them. Starting with why cost monitoring is essential, in this session, we'll learn about some of the best practices for monitoring your Kubernetes costs to maximise efficiency and reduce spending across teams, followed by some of the approaches we have seen organisations follow. Cost allocation can be complex in Kubernetes; hence, we'll also discuss what cost allocation models should be used. Such a set of best practices can reduce cloud spend and increase awareness within one's organisation.
