AWS Cloud Financial Management

Category: AWS Cost Explorer

Enforce and Validate AWS Resource Tags

Cost Allocation Blog Series #3: Enforce and Validate AWS Resource Tags

Tagging is one of the most foundational steps that you need to take in order to establish a meaningful cost allocation model. Customers asked us how you can ensure teams consistently create and apply the resources tags based on the tagging strategy. In this blog, we will share recommendations on how your team, especially your AWS administrators, can enforce and validate your resource tags.

Cost 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 […]

Update: Elastic Load Balancing Code Change

Update: 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 […]

Cost Explorer Forecasting API Improvement

Cost Explorer Forecasting API Improvement

We have further enhanced our forecasting algorithm to allow a same day start date so customers can always access and view their historical and predicted costs in their Cost Management console and via Cost Explorer API without any gaps. Prior to this change, the current date was an invalid start date for calls to GetCostForecast […]

Cloud Financial Management services available in China

Launch: 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 […]

Leveraging the CFM lever to move your business world

“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world” – Archimedes. 451 Research’s recent whitepaper “Cloud Financial Management, Small Changes Can Make Big Impacts” (April 2020) highlights how organizations who are able to embrace the CFM lever correctly are able to accelerate both top […]

AWS Cost Explorer Rightsizing Recommendations Integrates with AWS Compute Optimizer

AWS Cost Explorer now delivers rightsizing recommendations across EC2 instance families through an integration with AWS Compute Optimizer, adding to existing support for rightsizing recommendations within the same instance family. To access Cost Explorer Rightsizing Recommendations, click on “Recommendations” in the left navigation pane, followed by “View All” in the “Resource optimization recommendations” section of the […]

Launch: Compute Savings Plans now cover AWS Lambda Usage

We are excited to announce that AWS Compute Savings Plans now cover your Lambda usage! Customers have been excited about Savings Plans since their introduction in November. The reason is that Savings Plans provide additional flexibility, while retaining the savings potential that Reserved Instances are known for. With the inclusion of AWS Lambda to Compute […]

Public Beta: AWS Cost Categories

Since re:Invent, one of the hot topics in my queue has been identifying ways to better allocate and manage cloud costs. Today I wanted to quickly dive into how you can get started using Cost Categories, a new feature set that allows you to create custom groups on top of your cost and usage information. […]