AWS Cloud Financial Management

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Launch: Reservation Expiration Alerts

September 7, 2021: Amazon Elasticsearch Service has been renamed to Amazon OpenSearch Service. See details. Reservations, sometimes referred to as Reserved Instances, allow you to achieve significant savings (sometimes up to 75%) as compared to On-Demand Instance usage costs. The savings is in exchange for committing to a 1- or 3-year term of usage. Reservation […]

A Beginner’s Guide to AWS Cost Management

Moving to the Cloud has changed the way that organizations relate to, and account for, their costs. With the advent of pay-as-you-go pricing, decentralized resource procurement, and a wider breadth of product functionality than ever before, organizations had to change the way they approached their IT-based financial processes. The AWS Cost Management product suite gives […]

Hello, World! Welcome to the AWS Cost Management Blog.

Over the past few years, it has become clear that cost is the common language used across Finance, IT, and Engineering groups at organizations worldwide. As such, cloud cost management is rapidly becoming an important aspect of everyone’s job. At AWS, we are passionate about building cost management products that help you access, organize, understand, […]