AWS Cloud Financial Management
Tag: Savings Plans
Starting your Cloud Financial Management journey: Cost planning
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.
5 steps to establishing proactive cloud cost optimization
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.
Starting your Cloud Financial Management journey: Cost savings
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.
AWS Cloud Financial Management 2022 Q4 recap
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 […]
Easily save money on your compute spend with Savings Plans
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 […]
How can I use rolling Savings Plans to reduce commitment risk?
Use multiple overlapping Savings Plans to reduce commitment risk, increase discount coverage, and relieve the burden of long-range usage predictions.
Choosing the AWS pricing strategy that fits your business
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.
Launch: Savings Plans Expiration and Queued Alerts now available in AWS Cost Management
“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 […]
How to build a chargeback/showback model for Savings Plans using the CUR
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 […]
Leveraging the CFM lever to move your business world
“Give me a lever long enough and a fulcrum on which to place it, and I shall move the world” – Archimedes. 451 Research’s recent whitepaper “Cloud Financial Management, Small Changes Can Make Big Impacts” (April 2020) highlights how organizations who are able to embrace the CFM lever correctly are able to accelerate both top […]