AWS Cloud Financial Management
Category: Best Practices
Five things you should do to create an accurate on premises vs cloud comparison model
When helping customers build TCO models for their cloud migration, we often come across customer analysts who say their financial models show that moving to the cloud is more expensive than staying on premises. What we’ve found is that customers often exclude key inputs that lead to inaccurate cost comparison models.
AWS Cloud Financial Management 2022 Q1 recap
Take a look at what AWS Cloud Financial Management team delivered in Q1, such as AWS Billing Conductor, Carbon Footprint Tool, Auto-adjusting budgets, etc. and see how these new capabilities can help solve your immediate and long-term financial needs.
Get AWS Cost Anomaly Detection alert notifications in Slack through AWS Chatbot
Get near real-time visibility into anomalous spend by receiving AWS Cost Anomaly Detection alert notifications in Slack using AWS Chatbot. With faster visibility and insights you can reduce cost surprises, enhance control, and proactively increase savings. AWS Cost Anomaly Detection uses advanced Machine Learning to help identify and evaluate the root cause of spend anomalies. […]
Key ways to start optimizing your AWS cloud costs
With AWS, you can take control of your cost and continuously optimize your cloud spend, while building modern, scalable applications to meet your needs. Sounds simple enough, right? But, there will be a learning curve to understand what tools and resources to use for specific purposes.
Top 3 things to know about getting Started with Cloud Financial Management
Do you want to transform your business with cost transparency, control, forecasting, and optimization, but don’t know where to start? You’re not alone. Here are our answers to the top 3 customer questions and the top 3 key takeaways to help you start transforming your business by managing and optimizing your spend.
Putting AWS re:Invent 2021 cost optimization announcements into practice
Following re:Invent 2021 and all the amazing announcements, there are so many new and exciting ways for customers to optimize cloud spend. This blog highlights some opportunities that customers could really benefit from, and offers guidance on how to take advantage of them, and, therefore, the savings.
How to design your AWS cost allocation strategy
As we start this cost allocation discussion with a customer they often ask: How do I allocate cloud costs to various company cost centers? Which of my lines of business, teams, or organizations drove increased spend and usage?
How can I make sure end users are accountable for their spend? How do I deal with shared cost resources?
A Detailed Overview of the Cost Intelligence Dashboard
Voiced by Amazon Polly As your business grows on AWS, so too does the need for cost and usage visibility and custom cost reporting tailored for your organization. Good Cloud Financial Management (CFM) targets for your AWS usage can include (but are not limited to) Reserved Instance and Savings Plans coverage, average hourly cost of […]
Sneak Peek of re:Invent 2021 Cloud Financial Management Sessions & Events
Each year, we share a preview of what Cloud Financial Management (CFM) themed sessions you can look for at AWS re:Invent, so you can pre-register and reserve your seats at the sessions you find interesting. This year marks the 10th anniversary of AWS re:Invent and we’re excited to celebrate with our customers back in Las […]
Cost Control Blog Series #3: How to Handle Cost Shock
Voiced by Amazon Polly One of the biggest benefits of the cloud is the ability to scale dynamically and reduce costs by paying for only what you use, when you need it. However, when development teams aren’t prepared for this newfound flexibility, cost shock and unexpected cost spikes can occur. If you are new to […]