AWS Cloud Financial Management

Tag: Cloud Financial Management

Cost Control Blog Series #3: How to Handle Cost Shock

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 […]

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Further Thoughts on Unit Metrics

Voiced by Amazon Polly   After the blog series on Unit Metrics, the call was put out for future topics.  There were some excellent suggestions received from the community.  Three in particular struck a chord: Building strong links between technology and other business teams Projecting AWS cost.  The role of traditional FP&A in the FinOps […]

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Introducing AWS Application Cost Profiler, offering user-based cost data of shared AWS resources

Voiced by Amazon Polly   October 6, 2021: This blog post is under construction. Please refer back to this post in a day or two for the most accurate and helpful information. It has become increasingly common for customers to deploy applications that share infrastructure resources for the purpose of cloud cost optimization. As more organizations […]

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Upgrade Amazon OpenSearch Service (successor to Amazon Elasticsearch Service) Domains to the Latest Instance Types to Optimize Your Costs

In this blog, we will share the benefits to upgrade your Amazon OpenSearch Service instances to the latest generations, how you can identify the instances of older generations and configure your Amazon OpenSearch Service domain changes to upgrade the instance types, and how you can receive recommendations and purchase your Amazon OpenSearch Service Reserved Instances.

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How unit metrics help create alignment between business functions

Voiced by Amazon Polly   As the last blog in the Unit Metric series (intro, what is unit metric, selecting a unit metric to support your business, unit metrics in practice – lesson learned), we’ll share how unit metrics is instrumental in gaining alignment across business functions. High quality unit metrics create an opportunity to […]

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Unit metrics in practice – lessons learned

Voiced by Amazon Polly We hope by now you have a good grasp of what a unit metric is and how you can create your own to evaluate the efficiency of resources usage or project your future spend. Before you jump into action, here are some of the lessons learned along the way we’ve experienced both […]

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A Conversation with Duda’s DevOps team

One of our focuses this year is to share more customer stories with you. We recently sat down with one of our customers and a valued partner – Duda to reflect upon their Cloud Financial Management (CFM) journey. In this blog post, we will give you a brief overview on how they tackled this important task.

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Echoing Andy’s AWS re:Invent 2020 Keynote for Technology Financial Management Success

Andy Jassy shared 8 core reinvention guidelines in his 2020 AWS re:Invent keynote. These guidelines are key to keep organizations stay successful and translate well into IT Financial Management. Learn from his speech and our recently published “AWS Cloud Financial Management Guide” about how you can establish effective technology financial management in order to fully realize the value of your investment.

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Leveraging the CFM lever to move your business world

“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world” – Archimedes. 451 Research’s recent whitepaper “Cloud Financial Management, Small Changes Can Make Big Impacts” (April 2020) highlights how organizations who are able to embrace the CFM lever correctly are able to accelerate both top […]

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