AWS Cost Management

Bowen Wang

Author: Bowen Wang

Bowen is a Principal Product Marketing Manager for AWS Billing and Cost Management services. She focuses on enabling finance and business leaders to better understand the value of the cloud and ways to optimize their cloud financial management. In her previous career, she helped a tech start up launch their business automation product into the China market and set up a local customer service call center.

Update: Amazon ECS Product Name Change in the AWS Billing and Cost Management

Voiced by Amazon Polly   If you are currently using Amazon ECS and have set up your cost reporting with specific service filters to track your Amazon ECS cost and usage, please read this blog post. February 16, 2021, the product name of Amazon Elastic Container Service (Amazon ECS) was changed from “EC2 Container Service” to […]

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Cost Reporting Based on AWS Organizations Account ID Tags

This blog post shares how you can build cost reports based on AWS Organizations Account tags.  Learn how you can retrieve your account information, including tags from AWS Organizations, get your cost details from the AWS Cost Explorer API, and store this information in a CSV file in Amazon S3.

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Unit Metric – The Touchstone of your IT Planning and Evaluation

Voiced by Amazon Polly   Throughout your IT planning and evaluation cycle, you will have questions about how much you should budget for your IT projects and how well your IT investments perform and contribute to your businesses.  AWS provides you with tools and resources, such as AWS Pricing Calculator, AWS Budgets, AWS Cost Explorer, […]

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Finding savings from 2020 re:Invent announcements

Find cost savings from 2020 re:Invent announcements. Learn how you can save with Amazon EBS gp3; monitor and save your AWS Lambda cost with CloudWatch Lambda Insights; and save cost for your Amazon Athena usage with engine version 2 and control costs for your Athena workgroups with CloudWatch Query Metrics.

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A Conversation with Duda’s DevOps team

One of our focuses this year is to share more customer stories with you. We recently sat down with one of our customers and a valued partner – Duda to reflect upon their Cloud Financial Management (CFM) journey. In this blog post, we will give you a brief overview on how they tackled this important task.

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We want to hear from you!

This year, as the world is still coping with the post-vaccine new normal, cloud cost efficiency and optimization will remain at the top of the agenda. As we are improving our product capabilities, your user experience is at the center of everything we build. We invite you to share your feedback with us, come meet your peers, and share your success stories.

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Announcing General Availability of AWS Cost Anomaly Detection

Announcing General Availability of AWS Cost Anomaly Detection

We are excited to announce that AWS Cost Anomaly Detection is now generally available. AWS Cost Anomaly Detection uses a multi-layered machine learning model that learns your unique, historic spend patterns to detect one-time cost spike and/or continuous cost increases, without you having to define your thresholds. Every anomaly detected will be available in the detection history tab. We send you the anomaly detection report with root-cause analysis. And the service also comes at no cost to our customers.

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Echoing Andy’s AWS re:Invent 2020 Keynote for Technology Financial Management Success

Andy Jassy shared 8 core reinvention guidelines in his 2020 AWS re:Invent keynote. These guidelines are key to keep organizations stay successful and translate well into IT Financial Management. Learn from his speech and our recently published “AWS Cloud Financial Management Guide” about how you can establish effective technology financial management in order to fully realize the value of your investment.

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Cost Control Blog Series #2: Automate Cost Control using AWS Service Catalog and AWS Budgets

Customers let us know that they want native, automated spend management capability at the point of self-service resource provisioning. AWS Service Catalog allows you to pre-approve services for your users. With its integration with AWS Budgets, you can create and associate budgets with portfolios and products, and keep your developers informed the resource costs for them to run cost-aware workloads. In this blog post, we will walk you through how you can set up a serverless automated workflow to govern the cost for your AWS Service Catalog portfolio.

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Take a sneak peek at AWS re:Invent 2020 Cloud Financial Management Sessions

What do you miss most about re:Invent? For those of you who haven’t been to one yet, re:Invent is a conference hosted by AWS for the global cloud computing community. Each year tens of thousands of customers and partners from around the globe gather in Las Vegas for a week of “jam packed” launch announcement, education, networking, and most importantly fun activities.

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