Category: AWS Cloud Financial Management

When working with an IoT solution and expertly crafted architecture, new features can be implemented in record time, giving your product a real competitive edge. IoT platform managers continually strive to update and evolve platforms, and the largest pain point is cost. Open Systems Technologies (OST) shares best practices to get your IoT solution running efficiently without sacrificing opportunities for new growth.

To help enterprise clients increase their cloud initiatives, Sourced Group has developed a Serverless Adoption Programme for enterprises. In this post, we provide an updated version of server-focused data transfer costs that others have created and shared in the past. Sourced Group also created an entirely new visual for its own training materials that is focused on the AWS data transfer costs relevant to serverless architectures.

Application modernization requires a holistic approach, and Cloudwiry enables optimization and modernization of cloud deployments by evaluating AWS services involved. Learn how the Cloudwiry Enterprise platform can help your organization make informed decisions about application modernization. This post also takes a deeper look into specific examples of how Cloudwiry has helped customers optimize their cloud usage on AWS.

Capturing, managing, and analyzing costs is an essential part of any SaaS business. Without a firm grasp on the cost profile of your SaaS environment, it will be difficult to assess the tiering and pricing models of your solution. Learn how the Cost Optimization pillar of the AWS Well-Architected SaaS Lens identifies specific best practices that can help you improve the cost profile of a SaaS application. These play a key role in shaping the operational and scaling experience of your SaaS environment.

Organizations hosting workloads on the cloud are more flexible and scalable, but this also comes with varying costs and the onus is on the organization to choose the appropriate service and cost. Cloud cost optimization should be an integral part of the transformation process and not just an operations task. Learn about Cognizant’s AWS economics service offering and how cost optimization techniques can be incorporated into AWS across the different stages of cloud transformation.

Cloud infrastructure provides more agility than traditional IT, meaning organizations must think differently about how they design, build, and manage applications. Cloud resources need a stronger integration between IT and organizational governance, as builders need to be able to operate in a cloud environment that’s agile and safe. Hear from APN Ambassador Paolo Latella, who introduces a decentralized model of cloud governance that can help you strike the right balance between agility and safety.

When moving to a SaaS model, companies need more flexible billing constructs that allow them to support a range of billing strategies and models. Learn how SaaS providers can create a billing integration experience that captures metering data and publishes it to a third-party billing system. We’ll also review common SaaS billing models and introduce a sample billing implementation that provides a working example of how you can approach building a strategy for integrating with SaaS billing providers.

Automatically identifying and upgrading existing SSD volumes to take advantage of the new gp3 general purpose volumes for Amazon EBS can help organizations reduce storage costs. Learn how to upgrade your existing gp2 volumes, without interruption, to the next generation of general purpose SSD volumes using AWS Systems Manager. This a core component of nubeGo’s Cloud Managed Service (NCMS) which helps customers automate cost savings, security guardrails, and compliance requirements with minimal effort.

Most enterprises go through the process of monthly chargeback (cost allocation) of their AWS costs to internal business units or cost centers. The AWS Cost and Usage Report can provide the flexibility needed to create detailed custom billing rules. Learn how VMware implemented an equitable chargeback model using CloudHealth’s FlexReports, a simple solution for companies that have multiple Payers or just want to implement custom billing rules quickly.

Cloud cost governance ensures customers are availing all potential services, tools, and resources to continuously track, optimize, and control their overall cloud spend. Learn how Tech Mahindra achieved one customer’s goal of cloud finance using cost management best practices along with AWS native tools and techniques. Tech Mahindra worked closely with the customer’s IT, engineering, and finance teams to understand their existing cloud governance model and issues.