DEVICES, SYSTEMS, APPARATUS, AND METHODS FOR TRANSPARENT AND AUTOMATED OPTIMIZATION OF STORAGE RESOURCE ALLOCATION IN A CLOUD SERVICES SYSTEM

A device or system includes a plurality of storage resources each associated with a respective performance class, each being associated with selected performance characteristics such as IOPS, bandwidth, etc. The device or system includes a compute instance having access to allocated storage resources, the allocated storage devices including one or more storage resources. The device or system also includes an optimization component adapted to obtain information relating to utilization by the compute instance component of the allocated storage resources, determine that a change to the allocated storage resources is necessary, based on the information, cause data to be migrated from a first storage resource associated with a first performance class to a second storage resource associated with a second storage class, and cause a removal from the allocated storage resources of the first storage resource and an addition to the allocated storage resources of the second storage resource.