• Rajesh Agrawal
• Shlok Sabarwal

Cost Effective Resource Provisioning Approach is the processes of reducing your overall cloud spend by identifying mismanaged resources, eliminating waste, reserving capacity for higher discounts, and Right Sizing computing services to scale. The main aim of this paper is to implement a tool that can able to monitor and analyse cost patterns on cloud accounts( like Amazon Web Services) and capable of giving suggestions about cost optimization and cost containment. It can guide the businesses to understand how much they are spending on cloud computing services by providing regular emails; alerts and a dashboard showing monthly spend to date, and a monthly estimate. This helps companies to manage all their cloud spend and understand when cost overages are happening (not after the fact). It also offers an optimizer service to identify other ways to save money on the cloud and evaluate the performance of workloads on EC2 instances.

Cloud Computing, Cloud Resource Optimizer, Cost Advantages, Private Clouds, Performance Evaluation, Price Reduction, EC2 instances.

"Cost Effective Resource Provisioning Approach for Cloud Environments", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 10, page no.1298-1304, October-2020, Available :http://www.jetir.org/papers/JETIR2010167.pdf

"Cost Effective Resource Provisioning Approach for Cloud Environments", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 10, page no. pp1298-1304, October-2020, Available at : http://www.jetir.org/papers/JETIR2010167.pdf