AWS Cost Management

Category: Thought Leadership

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 […]

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What is a unit metric?

Voiced by Amazon Polly From time to time, customers will ask me questions like, “my AWS bills are going up and I don’t know whether that’s a good thing or a bad thing?” Did the bill go up because you’re operating more workloads in the cloud or is it because you’re using AWS inefficiently? Perhaps […]

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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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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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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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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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Cost Control Blog Series #1: 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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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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Cost Management at re:Invent: Key Takeaways

And just like that, the Expo Hall portion of the re:Invent conference is officially closed for 2019! The AWS Cost Management booth staff would like to thank the hundreds of you who took the time to stop by and share anecdotes about your cloud financial management journey with us. We also appreciate your feedback on […]

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