AWS Cloud Financial Management
Category: AWS Cost and Usage Report
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 […]
Read MoreCost Allocation Blog Series #5: Building an AWS cost allocation strategy with Apptio Cloudability
As you establish and implement your cost allocation model, AWS equips you with tools and resources to organize accounts and resources (e.g. AWS Organizations), improve visibility into detailed cost and usage data (e.g. AWS Cost and Usage Reports), and group cost and usage information into meaningful groups by your own rule (e.g. AWS Cost Categories). For customers who want to understand what premium 3rd party solutions are available to help you better organize and report your cost in preparation for chargeback or showback in your organizations, AWS Partner Network has verified partners that can offer cloud management solutions to help customers manage and optimize AWS environments. In this blog post, we will share how you can leverage Apptio Cloudability to build your cost allocation strategy.
Read MoreCost Allocation Blog Series #4: Visualize Data Transfer Costs with Cost and Usage Reports, Athena, and QuickSight
The right level of visibility into the shared costs allows organizations to understand the main drivers for these costs and provides insights into cost optimization opportunities. In this blog post, we will share tips on how you can visualize data transfer cost details available in AWS Cost and Usage Reports (AWS CUR) for analysis using Amazon Athena and Amazon QuickSight.
Read MoreCost Allocation Blog Series #1: Cost Allocation Basics That You Need to Know
If it’s Everyone’s job, it’s No One’s job. On our team, we take this lesson to heart and always make sure there is a clear owner for everything we do. This helps ensure everyone is responsible for specific tasks or goals, and will not be bystanders, assuming someone else will pick up the work. The […]
Read MoreUpdate: Elastic Load Balancing Code Change
Elastic Load Balancing is a service that automatically distributes incoming application traffic across multiple targets, such as Amazon EC2 instances, containers, IP addresses, and Lambda functions. It helps customers achieve fault tolerance for any application by ensuring scalability, performance, and security. Starting August 1, Elastic Load Balancing cost and usage information will start showing up […]
Read MoreLaunch: Cloud Financial Management services available in China
We are pleased to announce the AWS Cost Management suite of products is now available in AWS China (Ningxia) Region, operated by NWCD, and in AWS China (Beijing) Region, operated by Sinnet. The services and features include AWS Cost Explorer, AWS Budgets, AWS Cost and Usage Report (CUR), Reserved Instances Recommendation and Reporting, and EC2 […]
Read MoreHow to build a chargeback/showback model for Savings Plans using the CUR
This blog is contributed by Shankar Ramachandran, Solutions Architect, Optimization Enterprise customers who leverage consolidated billing on AWS often have the need to do internal cost allocation. This can be challenging, particularly when using pricing models such as Savings Plans. In this blog post, we will provide prescriptive guidance on how to build an equitable […]
Read MoreCustomer Obsession: AWS Cost & Usage Report Technical Documentation
AWS is unlike any other place I’ve ever worked. I’m not just saying this just because my 10-month-old Samoyed puppy is snoozing at my feet as I write this from my daily 20th floor downtown Seattle perch or because an engineer just stopped by with a spare General Porpoise donut for me that survived standup […]
Read MoreCost Management at re:Invent: Savings Plans, Cost Categories, and more!
Hey there, everyone! As you all know, it’s re:Invent time, which means that there are a whole lot of exciting launches and ideas. I’m hanging out for most of the week at the AWS Cost Management kiosk in the AWS Village with a group of cost management and optimization experts (including Alee Whitman) — and […]
Read MoreStudent Focus: Keeping an Eye on Your AWS Costs and Usage
A chill is in the air, the holiday season is approaching, and some of you are using AWS for the first time. Whether you’re a student or a researcher or even a newly-minted software engineer, here are some helpful tips for keeping tabs on your costs as you build out your next big idea (or […]
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