AWS Cloud Financial Management

Category: AWS Cost Explorer

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. […]

Getting Started with AWS Savings Plans

Some of you have reached out asking to learn more about purchasing and managing Savings Plans. The inimitable Jeff Barr already covered most of the need-to-know content in this post (which you should absolutely read right now if you haven’t), but here’s how the brave new world of Savings Plans fits into the AWS Cost […]

Cost 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 […]

Student 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 […]

Understanding your AWS Cost Datasets: A Cheat Sheet

Over the course of my time here at AWS, I have yet to meet two companies who structure their financial processes in the same way. For this reason, AWS provides several cost datasets tailored to help you better understand your AWS usage, allowing you to account for the unique way that you run your business. […]

Cloud Economics Sessions at AWS re:Invent 2019

  AWS helps customers drive business value and optimize cloud spend. Yet, understanding these drivers and how to maximize the benefits of AWS requires education and practices. AWS Cloud Economics helps customers build business cases beyond pure cost savings and helps customers on the platform optimize financial practices & costs. AWS Cloud Economics team works […]