Posted On: Mar 27, 2023
We are pleased to announce that as of today, new Cost Explorer users will automatically receive the benefit of Cost Anomaly Detection. Cost Anomaly Detection uses machine learning to continuously monitor, detect, and alert customers of unexpected cost increases. The default configuration allows new Cost Explorer users to quickly improve cost controls with zero effort.
Up until today, any user who wanted to use Cost Anomaly Detection had to first enable Cost Explorer and then set up cost monitors and alerting preferences to start using the service. The new automatic configuration removes the manual process. With this launch, an AWS service monitor and a daily email subscription will be created for new Cost Explorer users (enabled on and after March 27, 2023) with a regular standalone account or a management account. If the actual spend is over $100 and exceeds 40% of expected spend, a daily summary will be sent to the primary email address associated with the account. Users are encouraged to create/modify additional cost monitors and alerting preferences for their specific needs. Users who are not interested in Cost Anomaly Detection can opt-out via the console or API.
The automatic configuration for new Cost Explorer customers is available in all AWS commercial regions, excluding GovCloud. To enable Cost Explorer, please go to the AWS Cost Management console or read more at Enabling Cost Explorer. You can get started with Cost Anomaly Detection at no additional cost. To learn more, visit the Cost Anomaly Detection documentation.