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.

Optimizing Costs as You Scale on AWS

Key Features

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.

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.

Solutions

AWS Budgets

AWS Budgets gives you the ability to set custom budgets that alert you when your costs or usage exceed (or are forecasted to exceed) your budgeted amount.

AWS Budgets »

AWS Cost Explorer

AWS Cost Explorer has an easy-to-use interface that lets you visualize, understand, and manage your AWS costs and usage over time.

AWS Cost Explorer »

AWS Cost & Usage Report

The most comprehensive set of AWS cost and usage data available, including additional metadata about AWS services, pricing, and reservations.

AWS Cost & Usage Report »

AWS Cost Optimization

AWS's breadth of services and pricing options offer the flexibility to effectively manage your costs and still keep the performance and capacity your business requires.

Cloud Cost Optimization »

 

AWS Cost Management Blog
A Quick Overview of AWS Payment Methods
 
AWS Cost Management Blog
Tips and Tricks for Exploring your Data in AWS Cost Explorer
 
AWS Online Tech Talks
Virtual Workshop: How to Optimize Your AWS Costs
 
AWS Online Tech Talks
Optimize Your Costs with AWS Compute Pricing Options
 

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Access, organize, understand, control, and optimize your costs in the AWS Billing Console.

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