LAB 16 (OCI Cost Calculator) - arunsinghchauhan38-arch/CLOUDARCHITECTDOC GitHub Wiki
OCI Cost Calculator
The OCI Cost Estimator is a free online tool provided by Oracle that helps us to calculate and forecast our expenses when using Oracle Cloud Infrastructure (OCI). It works by letting us input details like compute instances, memory, storage, and bandwidth, then generating an estimated monthly or yearly cost so we can plan our cloud budget effectively.
What the OCI Cost Estimator Does
- Forecast Costs: Lets you estimate how much you’ll spend on OCI services before deploying them.
- Custom Configurations: You can select compute shapes (Flex, GPU, HPC), number of OCPUs, memory, storage, and bandwidth.
- Compare Options: Helps you evaluate different configurations (e.g., AMD vs Intel vs Ampere processors) to find the best price-performance ratio.
- Budget Planning: Useful for IT teams, startups, and enterprises to avoid unexpected bills.
- Transparency: OCI pricing is simpler than some competitors—no charge for data ingress, and OCPU pricing includes both hardware threads (equivalent to 2 vCPUs)
To Access or use the OCI Estimator go to the this link
https://www.oracle.com/cloud/costestimator.html
Now we Create a Virtual Machin and know its estimate as per our requirement
Step 1
Go to Virual machin opetion and click on Load Button
Step 2
Now we select following point
- Processor :- we select AMD
- Shape :- VM.Standard.E5.Flex
- Number of OCPU :- 2
- Memory [GB] :- 16
- OS Image :- Autonomous Linux
- Capacity Type :- On Demand
Step 3
Now we set our Boot Volume (Storage - Block Volumes)
Step 4
We now costomize it as per our requirment.
For Costomization we goto Utilization tab and click on edit option
Hear we costomize is as
- In Instance - fill 1
- In Hours per Day and Days per Month - Hrs/day - 2hrs and Days/month - 1 day
- After it click on Save Button
Now its show us estimate cost of our required virtual machine
if we want this virtual machine for 24 hrs so its cost will change.
Step 5
Now we add Block Volume
Clck on Add configuration Button and search for Block volume and click on load button to load
Now we fill 100 gb storage capacity see the cost of it.
Here its show us the overall cost of virtual machine and block volume for the period of 2 hrs in a day for 1 instance.
if we want to know the estimated cost for the month for virtual machine and block volume. we can costomize it by edit option.