1. Right-Sizing: Right-sizing is a strategy for managing cloud computing costs by using the most cost-effective type of cloud computing resources for the job. For example, if you need to run a web application, you might choose to use a small instance type instead of a large instance type to save money.
2. Reserved Instances: Reserved Instances are a strategy for managing cloud computing costs by pre-purchasing a certain amount of cloud computing resources for a discounted price. For example, if you know that you will need a certain amount of compute resources for a year, you can purchase a Reserved Instance to save money.
3. Automation: Automation is a strategy for managing cloud computing costs by using automation tools to automate repetitive tasks. For example, you can use automation tools to automatically spin up new cloud computing resources when demand increases, or shut down resources when demand decreases.
4. Cost Optimization: Cost optimization is a strategy for managing cloud computing costs by optimizing the use of cloud computing resources. For example, you can use cost optimization tools to identify and eliminate unused or underutilized resources, or to identify and reduce costs associated with data storage.