Tag: Cost Management

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.

The democratization of cloud technology brings autonomy and agility to end users, who can access and spin up resources quickly.  Builders get to experiment ideas, develop applications, and deploy products globally to meet local customers’ needs.  Organization leaders want to unleash the team’s creativity and accelerate the time-to-market, while keeping the cloud cost within limits. […]

As part of the procure-to-pay process, many AWS customers use Purchase Orders (“POs”) to procure AWS services and approve invoices for payment. Customers have told us that they want to use separate POs for different types of purchases and need the ability to track their PO information to ensure that valid POs are used for their invoices.

We have further enhanced our forecasting algorithm to allow a same day start date so customers can always access and view their historical and predicted costs in their Cost Management console and via Cost Explorer API without any gaps. Prior to this change, the current date was an invalid start date for calls to GetCostForecast […]

We are pleased to announce the AWS Cost Management suite of products is now available in AWS China (Ningxia) Region, operated by NWCD, and in AWS China (Beijing) Region, operated by Sinnet.  The services and features include AWS Cost Explorer, AWS Budgets, AWS Cost and Usage Report (CUR), Reserved Instances Recommendation and Reporting, and EC2 […]

We recently released an updated version of the Cost Optimization pillar of the AWS Well-Architected Framework with a heavy focus on Cloud Financial Management. Since releasing the AWS Well-Architected Tool at re:Invent 2018, we’ve continued to work with customers, partners, and other AWS subject matter experts to understand how we can improve the tool and […]

This blog is contributed by Shankar Ramachandran, Solutions Architect, Optimization Enterprise customers who leverage consolidated billing on AWS often have the need to do internal cost allocation. This can be challenging, particularly when using pricing models such as Savings Plans. In this blog post, we will provide prescriptive guidance on how to build an equitable […]

We are pleased to announce that AWS Cost Management Console is now available on the AWS Console Mobile Application. This means you can now check your cost and usage information anywhere anytime on the go. Getting started If you haven’t done so, you can download the AWS Console application from your Apple App Store, Google […]

Collecting and analyzing data is critical to gaining valuable insights into your business and evaluating the effectiveness of your processes. Similar to how you measure your organizational activities, it is important to measure your AWS cost and usage efficiency metrics. This blog post introduces 5 key cost management metrics that you can use to help […]

Customers have let us know they want to better map their cost and usage data based on their needs, for example, organizations want to track business units that have consumed cloud resources to better manage those investments.  However, often times, they find cloud spend that cannot be traced back to the actual owners, and therefore […]