Balancing Cost and Performance: Cloud Optimization in Financial Institutions

Joseph Aaron Tsapa, Mohana Murali Kishore Ch

Abstract: This paper explores cloud optimization strategies in financial institutions, emphasizing the balance between cost efficiency and performance. The study discusses methods such as resource utilization, cost driver identification, and performance monitoring systems that enable institutions to optimize their cloud infrastructure. The findings suggest that effective cloud optimization can significantly enhance operational efficiency and reduce costs, making it an essential strategy for financial institutions.

Keywords: cloud optimization, performance, financial institutions, cloud computing, infrastructure, and scalability

How to Cite?: Joseph Aaron Tsapa, Mohana Murali Kishore Ch, "Balancing Cost and Performance: Cloud Optimization in Financial Institutions", Volume 13 Issue 8, August 2024, International Journal of Science and Research (IJSR), Pages: 822-826, https://www.ijsr.net/getabstract.php?paperid=SR24812050836, DOI: https://dx.doi.org/10.21275/SR24812050836