AWS Cloud Financial Management
Category: AWS Cost Explorer
New Cost Explorer users now get Cost Anomaly Detection by default
Starting today, AWS Cost Anomaly Detection will be automatically enabled for all new AWS Cost Explorer customers by default to help save time and increase cost control. This means that if you own a standalone account or management account and enable AWS Cost Explorer, on or after March 27, 2023, you will automatically have a default configuration of AWS Cost Anomaly Detection that monitors your spend by AWS service and emails you a daily summary when a cost anomaly above a certain threshold is detected.
How to create and enforce your tagging strategy for more granular cost visibility
In this post, we’ll show you what tools you can use, and how you can use them to define, implement, and enforce a tagging strategy that improves your organization’s cost awareness using AWS Cost Explorer, AWS Organizations, AWS Tag Editor, and AWS Config.
4 questions to consider when starting your CFM journey
When starting your CFM practice, it’s easy to feel overwhelmed, or like you’re already behind the curve. You’re not alone. To help, we’ve answered the top 4 questions we hear from customers when they’re first getting started so you can kickstart your Cloud Financial Management journey with confidence. Is there a particular order that you […]
ICYMI: Optimize your EBS volumes, networks, and overall costs
In this first ICYMI blog of 2023, we’re sharing articles from across the AWS blogosphere and AWS Cloud Financial Management, to help you start the year off right. Explore these resources to understand and start implementing important optimizations from varying perspectives. Whether you’re in a technical, financial, or business role, these optimizations can help you […]
Starting your Cloud Financial Management journey: Cost planning
In the 3rd part of our 4-part Starting your Cloud Financial Management Journey series, we’ll cover the things you should consider and the tools you can use to forecast and plan for your existing or net-new workloads.
Starting your Cloud Financial Management journey: Cost visibility
As your company starts to innovate faster, develop new solutions, and take advantage of the flexible model of the cloud, you need to ensure your CFM setup can handle it all. To help you get started, this blog series is going to take you through each of the four AWS CFM principles: See, Save, Plan, and Run. We’ll give you practical recommendations you can implement to set your business up for success.
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
The following blog was published on Nov.8, summarizing the Cost Explorer UI changes made in October this year. We’ve since incorporated your feedback in our recent updates and have called out these in the blog below with rationale and instructions. AWS Cost Explorer has recently updated its user interface on October 11, 2022 and from […]
AWS re:Invent 2022 CEO Keynote through the Cloud Financial Management lens
How should we look at Cloud Financial Management in these uncertain economic times? In his re:Invent 2022 keynote speech, AWS CEO Adam Selipsky opened with the idea that in times of uncertainty, it’s tempting to cut back and slow down. He counters, however, that when it comes to the cloud, customers should be leaning in […]
Using the right tools for your cloud cost forecasting
We’re at the final blog of our forecasting series! If you’ve been following along the past few weeks, you have explored creating a process for more effective forecasting, establishing a forecasting culture, and building driver-based forecasting. It is now time to put pen to paper and create your forecast. But where do you start? How […]