Tag: Cost Allocation

As you scale Generative AI usage with Amazon Bedrock, a common question emerges: “Which team, application, or user is driving the Bedrock spend?” Until now, answering that question required manual reconciliation correlating AWS CloudTrail logs with billing data to map API calls back to specific identities. That approach is time-consuming, error-prone, and difficult to maintain at scale. AWS has announced AWS Identity and Access Management (IAM) Principal-Based […]

In this blog, we’ll explore a straightforward, automated approach to departmental cost allocation using AWS Organizations and AWS Lambda. The solution eliminates manual tracking and gives you clear visibility into departmental spending.

In this article, we will show you how to define a chargeback mechanism that allocates Savings Plans purchased in the management account, linked accounts or both to recipient accounts of Savings Plan discounts. You can identify accounts that received Savings Plans discounts and the appropriate amount to chargeback to them based on their specific usage.

We’re excited to announce granular cost visibility for Amazon Elastic Kubernetes Service (Amazon EKS) in the AWS Cost and Usage Reports (CUR), enabling you to analyze, optimize, and chargeback cost and usage for your Kubernetes applications. With AWS Split Cost Allocation Data for Amazon EKS, customers can now allocate application costs to individual business units […]

If you’re planning to attend the AWS re:Invent 2023 and wondering what Cloud Financial Management sessions and activities you should participate, look no further! In this blog post, we’ll take a sneak peek into these programs. Hope it can help you navigate re:Invent like a true CFM pro and learn and meet with like-minded FinOps professionals.

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 “, […]

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.

Having access to real-time data is a clear perk of the cloud. To help you maximize the value of the cloud, we’ve curated three AWS resources to help you organize, allocate, and visualize this data.

AWS Cost Categories allows you to categorize your cost and usage information precisely to your organizational structure and cost allocation needs such as teams, cost centers, geography, applications, and more. Learn more!

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?