AWS Cloud Financial Management

Category: Amazon QuickSight

Recap of 2023 reinvent CFM launches

Recap of AWS re:Invent 2023 Cloud Financial Management Product Launch Announcements

If you’re scratching your head and trying to catch up with all the re:Invent launch announcements from the AWS Cloud Financial Management team, let me walk you through how your FinOps experience may be improved for better with the latest capabilities that were just released last week at AWS re:Invent 2023. I’ve also included recordings of these launch announcements, so you can watch these at your own pace.

cost and usage dashboard powered by QuickSight

New – Cost and Usage Dashboard powered by Amazon QuickSight

Today, we announced the general availability of Data Exports, a new AWS Billing and Cost Management feature that enables you to create exports of your billing and cost management data using SQL column selections and row filters. As part of AWS Data Exports, you can now also deploy a Cost and Usage Dashboard powered by Amazon QuickSight directly from the AWS Billing and Cost Management console. The Cost and Usage Dashboard uses a summary view of the AWS Cost and Usage Report 2.0 (CUR 2.0) and provides pre-built visuals to facilitate interactive analysis and sharing of cost insights with a broader stakeholder group who may not have access to AWS console.

feature_success_Cvent

How Cvent saved over $3M in less than two years by creating a cost-aware culture

By using CUDOS and the CID Framework, Cvent provides its centralized governance teams with greater visibility across all organizational spend in a simple, cost-effective manner. More importantly, that same visibility is available to budget managers and engineers, which decentralizes the ownership of the budget details. Cvent’s mindset and processes are shifting from reactive spend investigation to proactive cost optimization during planning and deployment, which fosters a high degree of financial predictability expected from investors and shareholders.

Telenor simplifies data access and control with Row Level Security

In some cases, users can be hindered with access to all available cost data for an organization. With Row Level Security (RLS), you can restrict the data a user can see to a subset of the business most relevant to them. In this blog, we’re going to walk you through how Telenor implemented RLS on its Multi-Payer Cost Dashboards, and how you can, too.

Using the right tools for your cloud cost forecasting

We’re at the final blog of our forecasting series! If you’ve been following along the past few weeks, you have explored creating a process for more effective forecasting, establishing a forecasting culture, and building driver-based forecasting. It is now time to put pen to paper and create your forecast. But where do you start? How […]

ICYMI: Manage and control your Amazon S3 storage costs, cloud architecture patterns, and resource configuration changes

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.

Visualizing Your Eligible On-Demand Compute Expense for AWS Savings Plan

Voiced by Amazon Polly One of the most common questions we get from customers is how to manage compute costs for resources like Amazon EC2, AWS Lambda, and AWS Fargate.  Amazon Web Services (AWS) has many offerings to help you optimize spending, one of which is AWS Savings Plans. You can receive up to 72% […]

Trends Dashboard with AWS Cost and Usage Reports, Amazon Athena and Amazon QuickSight

AWS cloud usage data is a critical component in the IT Financial Management process for AWS customers. As organizations grow in cloud maturity, the cloud usage data may become complex as usage incurs from distributed teams and businesses. Financial and Technology leaders need access to trends, signals, insights, and cost deviations to quickly understand and analyze the cloud usage. The AWS Cost and Usage Reports (CUR) provide comprehensive data about your AWS costs, including information related to product, pricing, and usage. By including the Resource IDs and choosing hourly time granularity, CUR allows you to analyze your costs in greater detail and accuracy. You can download the CUR reports from the Amazon Simple Storage Service (Amazon S3) console, query the reports using Amazon Athena or load the reports into Amazon Redshift or visualize in Amazon QuickSight.

How unit metrics help create alignment between business functions

Voiced by Amazon Polly   As the last blog in the Unit Metric series (intro, what is unit metric, selecting a unit metric to support your business, unit metrics in practice – lesson learned), we’ll share how unit metrics is instrumental in gaining alignment across business functions. High quality unit metrics create an opportunity to […]