Tag: Manage and Control

The uncertainty of the world economy has once again emphasized the importance of resource efficiency. Take a look at the latest enhancements of the AWS Cloud Financial Management suite of products and learn how you can incorporate these in your daily CFM process.

Today, we are excited to update everyone on the new pricing model for AWS Billing Conductor (ABC). The new pricing applies an account-based, volume tiering for all accounts assigned to ABC billing groups. The new pricing is effective starting June 1, 2023. To ensure existing ABC customers have sufficient time to experiment with this new pricing model, ABC will be free of charge to existing ABC users for 2 months (April and May, 2023). For new ABC customers, there will be a free trial of 2 months. The free tier begins when you assign an account to any billing group.

In some cases, users can be hindered with access to all available cost data for an organization. With Row Level Security (RLS), you can restrict the data a user can see to a subset of the business most relevant to them. In this blog, we’re going to walk you through how Telenor implemented RLS on its Multi-Payer Cost Dashboards, and how you can, too.

Starting today, AWS Cost Anomaly Detection will be automatically enabled for all new AWS Cost Explorer customers by default to help save time and increase cost control. This means that if you own a standalone account or management account and enable AWS Cost Explorer, on or after March 27, 2023, you will automatically have a default configuration of AWS Cost Anomaly Detection that monitors your spend by AWS service and emails you a daily summary when a cost anomaly above a certain threshold is detected.

How can you build a “team” that understands, executes, and optimizes CFM strategies that maximize business value from the cloud? We share ways you can accelerate your stakeholders’ optimization efforts, and establish and encourage cross-team communication to learn from each other, share what’s worked well, and accelerate best practice adoption. 

When starting your CFM practice, it’s easy to feel overwhelmed, or like you’re already behind the curve. You’re not alone.  To help, we’ve answered the top 4 questions we hear from customers when they’re first getting started so you can kickstart your Cloud Financial Management journey with confidence. Is there a particular order that you […]

To operationalize your CFM strategy, you need to identify what tools are available to help you allocate, visualize, and control your AWS cost and usage. In this blog, we’ll share our latest CFM Talk session, where we walk you through an example optimization (using AWS Graviton) to shed light on the framework for how you should think about each CFM pillar and layer tooling into your strategy.

In the final blog of our 4-part Starting your Cloud Financial Management journey series, we’ll look at how CFM fits into the structure of your business via processes, polices, and people that are key in your cloud journey.

Dive into the functional capabilities of AWS Cost Explorer to identify specific opportunities for cost savings. We’ll run through live demos to equip you with the knowledge you need to replicate these findings in your own portfolio.

Here’s a sneak peek of the ways you can engage with the AWS Cloud Financial Management (CFM) team. Hope you find this cheat sheet helpful as you build your re:Invent catalog.  We’ll keep updating this blog as it approaches re:Invent to make sure we include all CFM activities, so you don’t miss out.