Tag: Cloud Financial Management

Our product teams have spared no effort in the past few months developing new capabilities, so that we can bring the latest advancements to FinOps X. Let’s take a moment to recap the product announcements made at FinOps X and how they can help accomplish your FinOps goals.

Today, AWS launched a unified Billing and Cost Management console to help you manage your AWS cloud finances more easily and efficiently. The unified console includes a new home page with insights and recommendations to help you make faster, better-informed decisions, more intuitive navigation to streamline your workflows, and improved resources to help you learn and implement Cloud Financial Management best practices. This post explains how you can use the unified Billing and Cost Management console to manage your AWS cloud finances and answers frequently asked questions.

Life sciences organizations are grappling with increased competition and the need to maintain profitability, while navigating a complex regulatory environment. To tackle these challenges, many are migrating to the cloud to accelerate innovation and enhance productivity. The Hackett Group evaluated the business benefits and trends of cloud adoption for life sciences organizations. 

AWS has launched two new features for creating AWS Cost Categories rules. It has added a new dimension -“Region” to its category rule, and a new dimension operator “OR” to define cost categories rules across dimensions. You can now create cost categories rules with six types of dimensions – “Linked Account”, “Charge Type”, “Service “, […]

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.

Update: By April 19, 2023, you will no longer be able to roll back to the old Cost Explorer UI. Feel free to submit feedback in the console. We’ll continue improving the experience. The following blog was published on Nov.8, summarizing the Cost Explorer UI changes made in October this year. We’ve since incorporated your […]

How should we look at Cloud Financial Management in these uncertain economic times? In his re:Invent 2022 keynote speech, AWS CEO Adam Selipsky opened with the idea that in times of uncertainty, it’s tempting to cut back and slow down. He counters, however, that when it comes to the cloud, customers should be leaning in […]

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.

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 […]