Tag: Savings Plans

Starting today, you can easily model your next Savings Plans purchases and evaluate the impact on cost, coverage, and utilization in the AWS Billing and Cost Management Console. You can input your own commitment amount or generate a recommended commitment that is designed to maximize your cost savings. Furthermore, you can customize your analysis by selecting a specific lookback period and/or excluding expiring Savings Plans to plan for upcoming renewals.

In the 3rd part of our 4-part Starting your Cloud Financial Management Journey series, we’ll cover the things you should consider and the tools you can use to forecast and plan for your existing or net-new workloads.

Cloud cost optimization is often implemented as a reactive activity, despite being intrinsically proactive by nature. By implementing these 5 cloud cost optimization best practices, you can ensure proactivity as you maximize realized business value and take advantage of the flexibility, agility, and scalability of cloud technologies and services.

In this blog, we’ll share tools you can setup, pricing models you can take advantage of, and services you can use that will help you identify cost optimization opportunities in your workloads.

Hope you all had a memorable holiday and are ready to kickstart your Cloud Financial Management (CFM) effort for 2023. We were busy in Q4 last year and want to make sure you don’t miss anything. If you just started following our blog channel, we’ve provided reference links in this blog so you have the […]

Savings Plans is a flexible pricing model offering lower prices compared to On-Demand pricing, in exchange for a specific usage commitment (measured in $/hour) for a one or three-year period. AWS offers three types of Savings Plans – Compute Savings Plans, EC2 Instance Savings Plans, and Amazon SageMaker Savings Plans. Compute Savings Plans apply to […]

Use multiple overlapping Savings Plans to reduce commitment risk, increase discount coverage, and relieve the burden of long-range usage predictions.

AWS pricing strategies offer you the flexibility to choose the most effective way to manage your costs and still keep the performance and capacity you require. Learn about Savings Plans and Reserved Instances and how you can decide what is right for your business.

“The faintest ink is better than the best memory”, as the idiom goes. This is so true in my life.  My credit scores and the longevity of my relationships rely heavily on these reminders for payments, anniversaries, and meetings. Our Cloud Financial Management solution team is constantly looking for ways to give you peace of […]

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 […]