AWS Cloud Financial Management

Category: Security, Identity, & Compliance

Starting your Cloud Financial Management journey: Cost visibility

As your company starts to innovate faster, develop new solutions, and take advantage of the flexible model of the cloud, you need to ensure your CFM setup can handle it all. To help you get started, this blog series is going to take you through each of the four AWS CFM principles: See, Save, Plan, and Run. We’ll give you practical recommendations you can implement to set your business up for success.

Changes to AWS Billing, Cost Management, and Account Consoles Permissions

Launch update: The cutover date for new accounts or organizations to use the new IAM actions has been extended to March 6, 2023, from the original January 20, 2023. AWS will be retiring AWS Identity and Access Management (IAM) actions for the Billing, Cost Management, and Account Consoles under the service prefix aws-portal and two actions […]

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 […]

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.

How to estimate your AWS WAF and AWS Shield Advanced cost?

Protecting your web applications from common web exploits is of the essence for intellectual and information security. In this blog post, we will walk you through how you can estimate your AWS Shield Advanced monthly cost based on your current resources usage, and how much you will save when you stop paying for AWS WAF, and instead using AWS Shield Advanced.

Cost Control Blog Series #2: Automate Cost Control using AWS Service Catalog and AWS Budgets

Customers let us know that they want native, automated spend management capability at the point of self-service resource provisioning. AWS Service Catalog allows you to pre-approve services for your users. With its integration with AWS Budgets, you can create and associate budgets with portfolios and products, and keep your developers informed the resource costs for them to run cost-aware workloads. In this blog post, we will walk you through how you can set up a serverless automated workflow to govern the cost for your AWS Service Catalog portfolio.

Take a sneak peek at AWS re:Invent 2020 Cloud Financial Management Sessions

What do you miss most about re:Invent? For those of you who haven’t been to one yet, re:Invent is a conference hosted by AWS for the global cloud computing community. Each year tens of thousands of customers and partners from around the globe gather in Las Vegas for a week of “jam packed” launch announcement, education, networking, and most importantly fun activities.

Cost Control Blog Series #1: Good intentions don’t work, but cost control mechanisms do!

Gartner estimates a 70% overspend on cloud resources by organizations who do not have a defined plan for cloud cost management. While cloud brings lower Total Cost of Ownership (TCO), an effective billing management and cost control mechanism is required to make sure you only pay for what you need, and it also empowers your […]

AWS Well-Architected Cost Optimization Labs Updated

  AWS’s breadth of resource options and purchase models allow you to design your infrastructure in a most cost-efficient way possible.  You can start by identifying idle and underutilized resources with services such as AWS Cost Explorer Recommendations, matching your resource capacity with business demand using services such as Instance Scheduler, and taking advantage of […]