AWS Cloud Financial Management

Category: Analytics

Upgrade Amazon OpenSearch Service Domains to the Latest Instance Types to Optimize Your Costs

In this blog, we will share the benefits to upgrade your Amazon OpenSearch Service instances to the latest generations, how you can identify the instances of older generations and configure your Amazon OpenSearch Service domain changes to upgrade the instance types, and how you can receive recommendations and purchase your Amazon OpenSearch Service Reserved Instances.

Visualizing Your Eligible On-Demand Compute Expense for AWS Savings Plan

Voiced by Amazon Polly One of the most common questions we get from customers is how to manage compute costs for resources like Amazon EC2, AWS Lambda, and AWS Fargate.  Amazon Web Services (AWS) has many offerings to help you optimize spending, one of which is AWS Savings Plans. You can receive up to 72% […]

Trends Dashboard with AWS Cost and Usage Reports, Amazon Athena and Amazon QuickSight

AWS cloud usage data is a critical component in the IT Financial Management process for AWS customers. As organizations grow in cloud maturity, the cloud usage data may become complex as usage incurs from distributed teams and businesses. Financial and Technology leaders need access to trends, signals, insights, and cost deviations to quickly understand and analyze the cloud usage. The AWS Cost and Usage Reports (CUR) provide comprehensive data about your AWS costs, including information related to product, pricing, and usage. By including the Resource IDs and choosing hourly time granularity, CUR allows you to analyze your costs in greater detail and accuracy. You can download the CUR reports from the Amazon Simple Storage Service (Amazon S3) console, query the reports using Amazon Athena or load the reports into Amazon Redshift or visualize in Amazon QuickSight.

Cost Tagging and Reporting with AWS Organizations

Voiced by Amazon Polly   Organized, meaningful cost and usage data helps make informed decisions for your cloud investment. AWS provides various resources and tools to help you organize resources and accounts, such as AWS Cost Categories, AWS Control Tower, and AWS Organizations. AWS Organizations is a great service to centrally manage and govern your […]

How unit metrics help create alignment between business functions

Voiced by Amazon Polly   As the last blog in the Unit Metric series (intro, what is unit metric, selecting a unit metric to support your business, unit metrics in practice – lesson learned), we’ll share how unit metrics is instrumental in gaining alignment across business functions. High quality unit metrics create an opportunity to […]

Finding savings from 2020 re:Invent announcements

Find cost savings from 2020 re:Invent announcements. Learn how you can save with Amazon EBS gp3; monitor and save your AWS Lambda cost with CloudWatch Lambda Insights; and save cost for your Amazon Athena usage with engine version 2 and control costs for your Athena workgroups with CloudWatch Query Metrics.

How to estimate your AWS WAF and AWS Shield Advanced cost?

Protecting your web applications from common web exploits is of the essence for intellectual and information security. In this blog post, we will walk you through how you can estimate your AWS Shield Advanced monthly cost based on your current resources usage, and how much you will save when you stop paying for AWS WAF, and instead using AWS Shield Advanced.

Cost Control Blog Series #1: Good intentions don’t work, but cost control mechanisms do!

Gartner estimates a 70% overspend on cloud resources by organizations who do not have a defined plan for cloud cost management. While cloud brings lower Total Cost of Ownership (TCO), an effective billing management and cost control mechanism is required to make sure you only pay for what you need, and it also empowers your […]

AWS Well-Architected Cost Optimization Labs Updated

  AWS’s breadth of resource options and purchase models allow you to design your infrastructure in a most cost-efficient way possible.  You can start by identifying idle and underutilized resources with services such as AWS Cost Explorer Recommendations, matching your resource capacity with business demand using services such as Instance Scheduler, and taking advantage of […]