AWS Cloud Financial Management
Category: Best Practices
Better Together – Graviton 2 and GP3 with Amazon OpenSearch Service
There are many benefits to running your Amazon OpenSearch Service workloads on Graviton2 based instances coupled with the gp3 EBS volume type. If you’re currently maintaining an Amazon OpenSearch Service workload, these changes are easy to make and can provide ~10% in savings with minimal effort.
Optimize and save on “other” services
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.
Optimize your x86-based Amazon EC2 Workloads
This post will show how you can optimize your x86 Amazon Elastic Cloud Compute workloads with no architectural changes. We will focus on improving price-to-performance without introducing engineering overhead, large planning cycles and significant time investment. The optimizations mentioned today require no application engineering and can be done quickly. The focal point of this post is showing the benefits of running your x86 EC2 workloads on AMD based EC2 instances to achieve at least 10% cost savings.
Understand your AWS bill with the right cost allocation strategy
Effective cost tracking and allocation is crucial to operating in the cloud. With the right strategies and AWS tools, you can access and provide cost and usage data that aligns with your business objectives, helping you manage and optimize your cloud spend with increased understanding and accountability across your AWS bill. Learn about and see cost allocation strategies in action to help you understand your AWS bill.
The benefits of cloud adoption in the life sciences industry
Life sciences organizations are grappling with increased competition and the need to maintain profitability, while navigating a complex regulatory environment. To tackle these challenges, many are migrating to the cloud to accelerate innovation and enhance productivity. The Hackett Group evaluated the business benefits and trends of cloud adoption for life sciences organizations.
ICYMI: Increase cost visibility, optimization, and overall CFM maturity
Check out these resources to learn how you can optimize cloud costs, increase cost visibility, establish your organizational CFM framework, implement automation, and understand what strategies contribute to the success of cloud-mature enterprises.
Kickstart your cost optimization efforts with confidence
How can you build a “team” that understands, executes, and optimizes CFM strategies that maximize business value from the cloud? We share ways you can accelerate your stakeholders’ optimization efforts, and establish and encourage cross-team communication to learn from each other, share what’s worked well, and accelerate best practice adoption.
Talk about cloud with a non-cloud audience
No matter where your company is in its cloud journey, moving to the cloud impacts employees on every level, even if they don’t work with cloud every day. Here are some tips and tricks to help you educate non-technical audiences on cloud costs essentials. Establishing this knowledge throughout your organization can support more informed decision-making and efficient resource allocation, increase understanding of overall cloud benefits, and ultimately drive business success.
How can I use AWS Budgets to track my spending and usage?
Monitoring your service costs and usage while scaling on AWS is often cited as a top customer concern. Learn how AWS Budgets can help make sure you don’t exceed your desired usage thresholds and overall budget, and keep your spend and usage in check.
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.