AWS Cost Management

Category: AWS Budgets

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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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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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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Cloud Financial Management services available in China

Launch: Cloud Financial Management services available in China

We are pleased to announce the AWS Cost Management suite of products is now available in AWS China (Ningxia) Region, operated by NWCD, and in AWS China (Beijing) Region, operated by Sinnet.  The services and features include AWS Cost Explorer, AWS Budgets, AWS Cost and Usage Report (CUR), Reserved Instances Recommendation and Reporting, and EC2 […]

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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 […]

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Manage your Amazon Elastic File System (EFS) costs using AWS Budgets

by Deirdre Corley (Senior Product Manager – Amazon EFS) and Matthew Cowsert (Senior Product Manager – AWS Cost Management)   Introduction Since Amazon Elastic File System (EFS) launched in mid-2016, AWS customers have been taking advantage of the low-cost, cloud-native, fully managed NFS file system for Linux-based workloads. Recently we’ve been hearing from EFS customers […]

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Getting Started with AWS Savings Plans

Some of you have reached out asking to learn more about purchasing and managing Savings Plans. The inimitable Jeff Barr already covered most of the need-to-know content in this post (which you should absolutely read right now if you haven’t), but here’s how the brave new world of Savings Plans fits into the AWS Cost […]

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Cost Management at re:Invent: Savings Plans, Cost Categories, and more!

Hey there, everyone! As you all know, it’s re:Invent time, which means that there are a whole lot of exciting launches and ideas. I’m hanging out for most of the week at the AWS Cost Management kiosk in the AWS Village with a group of cost management and optimization experts (including Alee Whitman) — and […]

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Student Focus: Keeping an Eye on Your AWS Costs and Usage

A chill is in the air, the holiday season is approaching, and some of you are using AWS for the first time. Whether you’re a student or a researcher or even a newly-minted software engineer, here are some helpful tips for keeping tabs on your costs as you build out your next big idea (or […]

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