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For those of you who don’t want to miss any news from AWS Cloud Financial Management (CFM) space in 2021, this blog post will provide a quick recap of this year’s updates: from category name updates, to CFM training for builders, to all the service and feature enhancement across CFM solution areas.

Voiced by Amazon Polly   After the blog series on Unit Metrics, the call was put out for future topics.  There were some excellent suggestions received from the community.  Three in particular struck a chord: Building strong links between technology and other business teams Projecting AWS cost.  The role of traditional FP&A in the FinOps […]

AWS cloud usage data is a critical component in the IT Financial Management process for AWS customers. As organizations grow in cloud maturity, the cloud usage data may become complex as usage incurs from distributed teams and businesses. Financial and Technology leaders need access to trends, signals, insights, and cost deviations to quickly understand and analyze the cloud usage. The AWS Cost and Usage Reports (CUR) provide comprehensive data about your AWS costs, including information related to product, pricing, and usage. By including the Resource IDs and choosing hourly time granularity, CUR allows you to analyze your costs in greater detail and accuracy. You can download the CUR reports from the Amazon Simple Storage Service (Amazon S3) console, query the reports using Amazon Athena or load the reports into Amazon Redshift or visualize in Amazon QuickSight.

Voiced by Amazon Polly   October 6, 2021: This blog post is under construction. Please refer back to this post in a day or two for the most accurate and helpful information. It has become increasingly common for customers to deploy applications that share infrastructure resources for the purpose of cloud cost optimization. As more organizations […]

Voiced by Amazon Polly   Organized, meaningful cost and usage data helps make informed decisions for your cloud investment. AWS provides various resources and tools to help you organize resources and accounts, such as AWS Cost Categories, AWS Control Tower, and AWS Organizations. AWS Organizations is a great service to centrally manage and govern your […]

Voiced by Amazon Polly   As the last blog in the Unit Metric series (intro, what is unit metric, selecting a unit metric to support your business, unit metrics in practice – lesson learned), we’ll share how unit metrics is instrumental in gaining alignment across business functions. High quality unit metrics create an opportunity to […]

Voiced by Amazon Polly We hope by now you have a good grasp of what a unit metric is and how you can create your own to evaluate the efficiency of resources usage or project your future spend. Before you jump into action, here are some of the lessons learned along the way we’ve experienced both […]

Voiced by Amazon Polly September 8, 2021: Amazon Elasticsearch Service has been renamed to Amazon OpenSearch Service. See details. Having discussed what unit metrics are, real-life use cases, and the benefits they offer, we’ll share how you can create a good unit metric. So, how do you pick a good denominator for our unit metric formula? […]

Voiced by Amazon Polly   If you are currently using Amazon ECS and have set up your cost reporting with specific service filters to track your Amazon ECS cost and usage, please read this blog post. February 16, 2021, the product name of Amazon Elastic Container Service (Amazon ECS) was changed from “EC2 Container Service” to […]

This blog post shares how you can build cost reports based on AWS Organizations Account tags.  Learn how you can retrieve your account information, including tags from AWS Organizations, get your cost details from the AWS Cost Explorer API, and store this information in a CSV file in Amazon S3.