Category: Thought Leadership

Learn more AWS 2022 Q2 launches, such as additional resource coverage for AWS Compute Optimizer, user interface updates for AWS Budgets and Bills, etc.

Cloud Financial Management (CFM) is a fundamental part of every customer’s cloud journey. Whether you are building applications natively in the cloud, migrating your workloads to the cloud, or expanding your adoption of cloud services, CFM can help you achieve the full business value associated with cloud adoption.

In this blog post, we’ll cover the elements of a good metrics strategy and how you can create one, and we’ll share some KPI examples to help you get started.

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.