AWS Cost Management

Adapting procurement to payment (P2P) with AWS Purchase Order Management

Procurement and Account Payable (AP) teams are critical players in the IT Financial Management process.  They ensure the accurate and punctual purchase and payment of technology resources that organizations need. From the “traditional technology consumption” era, when organizations had a more structured approval and procurement cycle to acquire and stand up physical infrastructures, to the […]

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Good intentions don’t work, but cost control mechanisms do!

Gartner estimates a 70% overspend on cloud resources by organizations who do not have a defined plan for cloud cost management. While cloud brings lower Total Cost of Ownership (TCO), an effective billing management and cost control mechanism is required to make sure you only pay for what you need, and it also empowers your […]

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AWS Well-Architected Cost Optimization Labs Updated

AWS’s breadth of resource options and purchase models allow you to design your infrastructure in a most cost-efficient way possible.  You can start by identifying idle and underutilized resources with services such as AWS Cost Explorer Recommendations, matching your resource capacity with business demand using services such as Instance Scheduler, and taking advantage of discounted […]

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Launch: AWS Budgets Actions

Imagine you can put some real teeth to your AWS Budgets.  Rather than warning you of a forecasted or actual cost overage, AWS can act on your behalf and stop the activities that caused the overage. We are pleased to announce that this came to a reality with the launch of AWS Budget Actions. Our […]

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Cost Allocation Blog Series #5: Building an AWS cost allocation strategy with Apptio Cloudability

This blog post is contributed by Scott Kellish, Partner Solutions Architect at AWS, and Andrew Midgley, Senior Technical Product Marketing Manager at Apptio As you establish and implement your cost allocation model, AWS equips you with tools and resources to organize accounts and resources (e.g. AWS Organizations), improve visibility into detailed cost and usage data […]

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Preview: Anomaly Detection and alerting now available in AWS Cost Management

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. […]

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Cost Allocation Blog Series #4: Visualize Data Transfer Costs with Cost and Usage Reports, Athena, and QuickSight

The blog post is contributed by Daniel Yu, Senior Technical Account Manager of AWS Enterprise Support, and Vishal Srivastava, Associate Technical Account Manager Organizations tend to overlook shared costs, such as, data transfer costs, as it can be difficult to identify owners and enforce necessary actions.  However, as we recommended in the blog “Cost Allocation […]

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Launch: Daily Cost and Usage Budgets

AWS Budgets allows you to stay informed of your cost and usage based on the custom budget limits.  You will receive alerts if your cost and usage exceed or are forecasted to exceed these monthly, quarterly, and/or annual budget thresholds you set yourselves.  The best way to leverage AWS Budgets is to set your expected […]

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Enforce and Validate AWS Resource Tags

Cost Allocation Blog Series #3: Enforce and Validate AWS Resource Tags

This blog post is contributed by Roberto Meda, Senior Consultant of High Performance Computing, AWS As I shared in the blog “Cost Allocation Basics That You Need to Know”, tagging is one of the most foundational steps that you need to take in order to establish a meaningful cost allocation model.  Tags can also control […]

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Cost Allocation Blog Series #2: AWS-Generated vs. User-Defined Cost Allocation Tag

This blog post is contributed by Harsh Patel, Associate Cloud Developer In my last blog “Cost Allocation Basics That You Need to Know”, I shared three foundational elements 1) account structure, 2) tagging, and 3) reporting on shared costs, you need to establish before you can implement a successful cost allocation model that meets your […]

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