Category: AWS Cloud Financial Management

Dr. Adam Link, Engineering Manager, Coinbase Cloud Center of Excellence and Schalk Theron, Director of Engineering, Coinbase Cloud Foundations contributed to this blog. Introduction and Challenges Coinbase is a secure online platform for buying, selling, transferring, and storing cryptocurrency. Their mission is to create an open financial system for the world and to be the […]

Thanks to our product and engineering teams’ tireless efforts in building new capabilities for AWS Cloud Financial Management portfolio, I get to talk about these amazing features. Let’s take a look at what we’ve made available for you in the last quarter.

If you’re planning to attend the AWS re:Invent 2023 and wondering what Cloud Financial Management sessions and activities you should participate, look no further! In this blog post, we’ll take a sneak peek into these programs. Hope it can help you navigate re:Invent like a true CFM pro and learn and meet with like-minded FinOps professionals.

Customers have always been interested in understanding their cloud costs, and in today’s economic times, cost efficiency is a top priority for most organizations. The demand for cost management competency has resulted in the growth of FinOps teams across every major industry segment. AWS provides AWS Cloud Financial Management (CFM) Services, a set of industry-leading solutions […]

To provide the ability for end users of our resellers and large organizations to understand and analyze cost at their negotiated rates, we enabled proforma cost support in Cost Explorer.

Read this blog and learn how you can establish effective cloud financial management (CFM) practices to continuously improve cost transparency, control, forecasting, and optimization.

Cost transparencies and insights will help drive data-driven and informed decisions. This blog describes a flywheel approach that an enterprise can utilize to optimize their AWS spend and leverage those saving towards driving continuous innovation.

In this blog, we’ll walk you through an example of setting up a multilevel hierarchy in Cost Categories. We’ll use Amazon Athena to consolidate cost and usage data across all AWS services, accounts, tags, cost categories, and other fields from the AWS Cost and Usage Reports (CUR). 

In case you missed the launch announcement from AWS Cloud Financial Management solution category in Q2, this blog presents you a quick summary.

When it comes to cost optimization, you often focus on the top spenders, but the cost of the services that typically fall under the “Others” category can be just as high as the top cost drivers. It’s worth looking into the sources of these costs and identifying opportunities for cost and performance optimization. In this blog, I’ll use a few examples to demonstrate how you can dive deeper and understand the cost elements of these “other” services and what you can do to optimize the spend.