Category: Thought Leadership

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.

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.

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 […]

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 […]

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 […]

In the month of August, AWS Cloud Financial Management (CFM) team has made several feature enhancements that can make your CFM journey a bit easier. AWS celebrated the 15 year anniversary of Amazon EC2. Another successful CFM peer connect event was concluded. New customer story and CFM content have been published. Learn more about these updates.

One of the reasons Cloud Financial Management exists is to manage the changes to the process of procuring and consuming IT resources and the impact those changes have to accounting.  If you keep this perspective in mind, I think the job gets easier.

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 […]

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 […]