AWS Cost Management
Cloud Cost Management tools to help you access, organize, understand, control, and optimize your AWS costs and usage.
Cloud technology has transformed the way that organizations are structured. Nowhere is this more apparent than in the cloud cost management space. Here are some of the key transformations that we’ve seen in the ways that organizations think about and account for their costs:
- Only paying for resources that are used, often at granular units of usage (for example, running hours or bytes)
- The ability for anyone in an organization to initiate resources at any time, often as quickly as a few minutes
- An ever-growing portfolio of cloud services and products from which to choose
AWS Cost Management tools give you visibility into your AWS costs and usage. There are a range of AWS Cost Management tools to help you access, organize, understand, control, and optimize your costs.
Access detailed information about your AWS costs and usage
The AWS Billing Console gives you access to the most comprehensive information about your AWS costs and usage. To see how your costs are tracking month-to-date, and which AWS services are the main cost drivers, check out the AWS Billing Dashboard. To access to the most comprehensive information about your AWS costs and usage, you can download the AWS Cost & Usage Report.
To view your bill for any previous month, you can access the Bills page.
Organize your AWS costs across business lines
You can use cost allocation tags to allocate your costs along your organizational structure (e.g., apply a specific tag to indicate whether a resource belongs to your production, test, or development environments). Using the AWS Billing Console, you can activate your resource tags for cost allocation to help you better understand your cost drivers.
Once a resource tag is activated for cost allocation, it will appear in Cost Explorer as an available filtering or grouping dimension, and as a column in the AWS Cost & Usage Report.
Understand your underlying cost drivers and usage trends
The AWS Bills Page lists the costs that you incurred over the past month for each AWS service, with a further breakdown by AWS region and linked account. From there, you can dive deeper into your costs and usage trends using AWS Cost Explorer, which allows you to filter and group your data for adhoc analysis. You can track your Amazon EC2 Reserved Instances (RIs) using the out-of-the-box RI Utilization & Coverage Reports in AWS Cost Explorer.
For the most detailed information regarding your AWS costs and usage, download the AWS Cost & Usage Report.
Control your AWS costs and usage with AWS Budgets
AWS Budgets lets you set custom cost and usage budgets that alert you when those thresholds are exceeded. Each budget can have up to five associated alerts that can be sent to up to ten email subscribers and/or published to an Amazon Simple Notification Service (SNS) topic.
Optimize your AWS costs and usage with AWS Cost Explorer
Using AWS Cost Explorer, you can cross-reference your costs and usage to determine which usage types accrue the most cost, and take corrective action. The Reserved Instance Reports give you deep insight into your RI utilization and coverage, enabling you to identify opportunities for converting, modifying, and expanding your RI fleet.
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Access, organize, understand, control, and optimize your costs in the AWS Billing Console.