AWS Cloud Financial Management

Category: Technical How-to

ICYMI: Re-architect for cost optimization, automate optimization, and cost saving opportunities during migrations

Organizations are adding expenses again while chasing post-pandemic development prospects, but they still need to minimize costs as they face fresh economic challenges including inflation and a lack of inputs. In these circumstances, it’s even more crucial to choose which expenses to cut or safeguard, so you can promote efficiency and development even during inflation. […]

Read More

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. […]

Read More

Upgrade Amazon OpenSearch Service Domains to the Latest Instance Types to Optimize Your Costs

In this blog, we will share the benefits to upgrade your Amazon OpenSearch Service instances to the latest generations, how you can identify the instances of older generations and configure your Amazon OpenSearch Service domain changes to upgrade the instance types, and how you can receive recommendations and purchase your Amazon OpenSearch Service Reserved Instances.

Read More

Visualizing Your Eligible On-Demand Compute Expense for AWS Savings Plan

Voiced by Amazon Polly One of the most common questions we get from customers is how to manage compute costs for resources like Amazon EC2, AWS Lambda, and AWS Fargate.  Amazon Web Services (AWS) has many offerings to help you optimize spending, one of which is AWS Savings Plans. You can receive up to 72% […]

Read More

Trends Dashboard with AWS Cost and Usage Reports, Amazon Athena and Amazon QuickSight

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.

Read More

Introducing AWS Application Cost Profiler, offering user-based cost data of shared AWS resources

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 […]

Read More

Cost Tagging and Reporting with AWS 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 […]

Read More

Cost Reporting Based on AWS Organizations Account ID Tags

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.

Read More