AWS Cloud Financial Management

Category: Uncategorized

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Optimize and save on “other” services

When it comes to cost optimization, you often focus on the top spenders, but the cost of the services that typically fall under the “Others” category can be just as high as the top cost drivers. It’s worth looking into the sources of these costs and identifying opportunities for cost and performance optimization. In this blog, I’ll use a few examples to demonstrate how you can dive deeper and understand the cost elements of these “other” services and what you can do to optimize the spend.

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How Cvent saved over $3M in less than two years by creating a cost-aware culture

By using CUDOS and the CID Framework, Cvent provides its centralized governance teams with greater visibility across all organizational spend in a simple, cost-effective manner. More importantly, that same visibility is available to budget managers and engineers, which decentralizes the ownership of the budget details. Cvent’s mindset and processes are shifting from reactive spend investigation to proactive cost optimization during planning and deployment, which fosters a high degree of financial predictability expected from investors and shareholders.

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Optimize your x86-based Amazon EC2 Workloads

This post will show how you can optimize your x86 Amazon Elastic Cloud Compute workloads with no architectural changes. We will focus on improving price-to-performance without introducing engineering overhead, large planning cycles and significant time investment. The optimizations mentioned today require no application engineering and can be done quickly. The focal point of this post is showing the benefits of running your x86 EC2 workloads on AMD based EC2 instances to achieve at least 10% cost savings.

How-to chargeback shared services: An AWS Transit Gateway example

In this blog, we will review how to define a chargeback and cost allocation strategy, and then walk you through a reference architecture to build and automate the chargeback process. The example will provide prescriptive guidance to chargeback AWS Transit Gateway costs.

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

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 under purchase order namespace, purchase-orders:ViewPurchaseOrders, and purchase-orders:ModifyPurchaseOrders. We are replacing them with new fine-grained service specific permissions that give you more control. Read this blog and understand how you can perform updates to your permissions so you can maintain intentional access control to Billing, Cost Management, and Account services.

AWS Cloud Financial Management 2022 Q4 recap

Hope you all had a memorable holiday and are ready to kickstart your Cloud Financial Management (CFM) effort for 2023. We were busy in Q4 last year and want to make sure you don’t miss anything. If you just started following our blog channel, we’ve provided reference links in this blog so you have the […]

How can I get insights into my portfolio with AWS Cost Explorer?

Dive into the functional capabilities of AWS Cost Explorer to identify specific opportunities for cost savings. We’ll run through live demos to equip you with the knowledge you need to replicate these findings in your own portfolio.