AWS Cloud Financial Management
Author: Syed Muhammad Tawha
Syed Muhammad Tawha is a Principal Technical Account Manager at AWS based in Dublin, Ireland. Tawha specializes in Storage, Resilience and Cloud Cost Optimization. He is passionate about helping AWS customers. Tawha also loves spending time with his friends and family.
How to Set Up Automated Alerts for Newly Purchased AWS Savings Plans
As organizations expand, FinOps teams require a comprehensive overview of AWS Savings Plans commitments to maximize utilization efficiency. This solution involves implementing monitoring systems and automated alerts to identify underutilized Savings Plans within the eligible return period. In this blog post, we provide AWS CloudFormation templates that create AWS Step Functions state machine, Amazon Simple Notification Service (SNS) topic, Amazon EventBridge scheduler, and necessary AWS Identity and Access Management (IAM) roles to automate the monitoring of newly purchased Savings Plans and highlight those that are underutilized.