Tag: Cost Control

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.

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 […]

Customers let us know that they want native, automated spend management capability at the point of self-service resource provisioning. AWS Service Catalog allows you to pre-approve services for your users. With its integration with AWS Budgets, you can create and associate budgets with portfolios and products, and keep your developers informed the resource costs for them to run cost-aware workloads. In this blog post, we will walk you through how you can set up a serverless automated workflow to govern the cost for your AWS Service Catalog portfolio.

Gartner estimates a 70% overspend on cloud resources by organizations who do not have a defined plan for cloud cost management. While cloud brings lower Total Cost of Ownership (TCO), an effective billing management and cost control mechanism is required to make sure you only pay for what you need, and it also empowers your […]

AWS Budgets allows you to stay informed of your cost and usage based on the custom budget limits.  You will receive alerts if your cost and usage exceed or are forecasted to exceed these monthly, quarterly, and/or annual budget thresholds you set yourselves.  The best way to leverage AWS Budgets is to set your expected […]