Tag: Cloud Financial Management

Do you know how to accurately plan and evaluate your cloud costs to meet business objectives without sacrificing the ability to innovate and scale? To help answer this frequently asked question, we’re sharing this month’s top 3 AWS resources related to planning and evaluating your IT spend.

Thank you for those who came out and chatted with us about your CFM journey during the last few AWS Summits this year.  Nothing beats a real customer conversation. The experience you shared with us allows us to reflect upon how we can better work together to solve your CFM needs.  I thought it’d be helpful to share some commonly asked questions as a recap.  

DPG Media Group is an international media company operating in Belgium, the Netherlands, and Denmark. With strong, well-known brands in publishing, broadcasting, and online services, DPG Media serves customers 24/7, and employs 6,000 people. It began using AWS services in 2016 to support and accelerate its digital transformation by increasing agility, while decreasing time-to-market.

As Medibank continued to migrate its workloads to AWS and onboard new applications in the cloud, it became increasingly important to establish both visibility and accountability of AWS cost and usage to each business unit and project, which would also help reduce the risk of costs exceeding the allocated budget. Teams also found it hard to optimize their usage due to lack of clear metrics and feedback loops.

Learn more AWS 2022 Q2 launches, such as additional resource coverage for AWS Compute Optimizer, user interface updates for AWS Budgets and Bills, etc.

In order to meet the new demands for their software, including customers from new segments, PandaDoc quickly deployed more infrastructure and iterated on feature development, which created architectural artifacts that were not optimized for cost efficiency or performance.

Take a look at what AWS Cloud Financial Management team delivered in Q1, such as AWS Billing Conductor, Carbon Footprint Tool, Auto-adjusting budgets, etc. and see how these new capabilities can help solve your immediate and long-term financial needs.

Starting today, you can access AWS Billing Conductor (hereinafter referred to as “ABC”), a new service that enables AWS customers and reseller partners to customize billing data and reporting in a way that aligns with your unique business logic.

Do you want to transform your business with cost transparency, control, forecasting, and optimization, but don’t know where to start? You’re not alone. Here are our answers to the top 3 customer questions and the top 3 key takeaways to help you start transforming your business by managing and optimizing your spend.

As we start this cost allocation discussion with a customer they often ask: How do I allocate cloud costs to various company cost centers? Which of my lines of business, teams, or organizations drove increased spend and usage?
How can I make sure end users are accountable for their spend? How do I deal with shared cost resources?