AWS Cloud Financial Management

In this blog, we’ll explore how you can establish a cost forecasting culture to facilitate more productive conversations, a sense of ownership among all parties, and ultimately increase overall cloud business value.

It’s that time of year again, when companies are starting their 2023 planning. Since technology usage is often an organization’s highest expenditure after personnel costs, effectively forecasting cloud spend is vital to planning, negotiating, and achieving sustainable economies of scale as you grow and mature your business on the cloud. So, what can you can […]

In order to take advantage of the cloud’s agility, scalability, and speed-to-innovation, it’s essential to establish cost visibility and accountability. Transparent and accurate cost attribution helps you: Reduce waste and increase cost efficiency Measure ROI and align spend with business objectives, and Provide meaningful and actionable cost insights to help make more informed decisions about […]

When we talk about the Plan and Evaluate use case in the context of Cloud Financial Management, we refer to several use cases that all contribute to understanding and evaluating the economic performance of your IT investment, in alignment with your specific business priorities. We focus on the tools, resources, and best practices you can use […]

With the AWS Free Tier,  you can use and explore more than 100 AWS services free of charge up to specified limits for each service. Watch this episode of the Keys to AWS Optimization to hear all about the Free Tier, how you can use it, and where you can get started. 

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.

Here’s a sneak peek of the ways you can engage with the AWS Cloud Financial Management (CFM) team. Hope you find this cheat sheet helpful as you build your re:Invent catalog.  We’ll keep updating this blog as it approaches re:Invent to make sure we include all CFM activities, so you don’t miss out.

It was a busy quarter for AWS Cloud Financial Management team.  The tooling side of the organization has been delivering several new product features, including AWS Budgets, AWS Cost Anomaly Detection, AWS Cost Categories, AWS Billing Conductor, and AWS Compute Optimizer.

By continually cost optimizing, you can maximize the value of the cloud for your business. You can build modern, scalable applications that maintain the performance and capacity you require, while avoiding any over spending associated with over provisioned or idle resources. There are a variety of ways you can take control of your cloud spend […]

Savings Plans is a flexible pricing model offering lower prices compared to On-Demand pricing, in exchange for a specific usage commitment (measured in $/hour) for a one or three-year period. AWS offers three types of Savings Plans – Compute Savings Plans, EC2 Instance Savings Plans, and Amazon SageMaker Savings Plans. Compute Savings Plans apply to […]