AWS Cost Management

Category: Security, Identity, & Compliance

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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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 #1: Cost Allocation Basics That You Need to Know

If it’s Everyone’s job, it’s No One’s job. On our team, we take this lesson to heart and always make sure there is a clear owner for everything we do.  This helps ensure everyone is responsible for specific tasks or goals, and will not be bystanders, assuming someone else will pick up the work. The […]

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Launch: Controlling AWS CloudTrail Costs Using AWS KMS Event Filtering

AWS CloudTrail is a service that enables governance, compliance, operational auditing, and risk auditing of your AWS account. With CloudTrail, you can log, continuously monitor, and retain account activity related to actions across your AWS infrastructure. CloudTrail provides event history of your AWS account activity, including actions taken through the AWS Management Console, AWS SDKs, […]

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Cloud Economics Sessions at AWS re:Invent 2019

  AWS helps customers drive business value and optimize cloud spend. Yet, understanding these drivers and how to maximize the benefits of AWS requires education and practices. AWS Cloud Economics helps customers build business cases beyond pure cost savings and helps customers on the platform optimize financial practices & costs. AWS Cloud Economics team works […]

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