Tag: Manage and Control

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.

Check out this month’s top 3 resources to help you manage billing and control your costs, including how to manage storage costs, and increasing control and visibility over your cloud architecture patterns and resource configurations.

You want to balance business agility with the right level of cost control to avoid surprises. You want your team to innovate at scale and align efforts with the goals of your business. To help you with centralized billing, payment, cost control, and cost governance, we’ve selected the top 3 resources around cost management and […]

There are a multitude of reasons why customers look to migrate or modernize on the cloud. Aside from cutting operational costs, they can move faster and transform customer experiences, drive new innovations and business models, or deliver on a digital transformation or business modernization. A recent study conducted by The Hackett Group revealed that organizations […]