AWS Cloud Financial Management

Bowen Wang

Author: Bowen Wang

Bowen is a Principal Product Marketing Manager for AWS Billing and Cost Management services. She focuses on enabling finance and business leaders to better understand the value of the cloud and ways to optimize their cloud financial management. In her previous career, she helped a tech start up enter the Chinese market.

Time to say goodbye to the Simple Monthly Calculator

To ensure the most up-to-date pricing estimate experience available in one place, AWS is ending support for the Simple Monthly Calculator (SMC) beginning March 31, 2023 at 11:59PM Pacific Time, and recommend you take advantage of the AWS Pricing Calculator. To assist with the transition, a conversion feature will be available until December 31, 2023 11:59 PM PST.

More flexibility in grouping AWS resources and accounts with AWS Cost Categories

AWS has launched two new features for creating AWS Cost Categories rules. It has added a new dimension -“Region” to its category rule, and a new dimension operator “OR” to define cost categories rules across dimensions. You can now create cost categories rules with six types of dimensions – “Linked Account”, “Charge Type”, “Service “, […]

Changes to AWS Billing, Cost Management, and Account Consoles Permissions

AWS will be retiring AWS Identity and Access Management (IAM) actions for the Billing, Cost Management, and Account Consoles under the service prefix aws-portal and two actions under purchase order namespace, purchase-orders:ViewPurchaseOrders, and purchase-orders:ModifyPurchaseOrders. We are replacing them with new fine-grained service specific permissions that give you more control. Read this blog and understand how you can perform updates to your permissions so you can maintain intentional access control to Billing, Cost Management, and Account services.

AWS Cloud Financial Management 2022 Q4 recap

Hope you all had a memorable holiday and are ready to kickstart your Cloud Financial Management (CFM) effort for 2023. We were busy in Q4 last year and want to make sure you don’t miss anything. If you just started following our blog channel, we’ve provided reference links in this blog so you have the […]

AWS Cost Explorer’s New Look and Common Use Cases

Update: By April 19, 2023, you will no longer be able to roll back to the old Cost Explorer UI. Feel free to submit feedback in the console. We’ll continue improving the experience. The following blog was published on Nov.8, summarizing the Cost Explorer UI changes made in October this year. We’ve since incorporated your […]

AWS Compute Optimizer launches integration with application performance monitoring and observability partners

AWS Compute Optimizer launched the capability to integrate with several leading application performance management and observability partners, so you can view recommendations for your resources, regardless of your application monitoring preference. You now have multiple options for acquiring and including Amazon Elastic Compute Cloud (EC2) memory metrics in your EC2 rightsizing recommendations.

Recap of Cloud Financial Management (CFM) Customer Engagement on 2022 AWS Summits

Thank you for those who came out and chatted with us about your CFM journey during the last few AWS Summits this year.  Nothing beats a real customer conversation. The experience you shared with us allows us to reflect upon how we can better work together to solve your CFM needs.  I thought it’d be helpful to share some commonly asked questions as a recap.