Tag: AWS Cost Categories

If you’re planning to attend the AWS re:Invent 2023 and wondering what Cloud Financial Management sessions and activities you should participate, look no further! In this blog post, we’ll take a sneak peek into these programs. Hope it can help you navigate re:Invent like a true CFM pro and learn and meet with like-minded FinOps professionals.

Effective cost tracking and allocation is crucial to operating in the cloud. With the right strategies and AWS tools, you can access and provide cost and usage data that aligns with your business objectives, helping you manage and optimize your cloud spend with increased understanding and accountability across your AWS bill. Learn about and see cost allocation strategies in action to help you understand your AWS bill.

AWS has launched two new features for creating AWS Cost Categories rules. It has added a new dimension -“Region” to its category rule, and a new dimension operator “OR” to define cost categories rules across dimensions. You can now create cost categories rules with six types of dimensions – “Linked Account”, “Charge Type”, “Service “, […]

Hope you all had a memorable holiday and are ready to kickstart your Cloud Financial Management (CFM) effort for 2023. We were busy in Q4 last year and want to make sure you don’t miss anything. If you just started following our blog channel, we’ve provided reference links in this blog so you have the […]

It was a busy quarter for AWS Cloud Financial Management team.  The tooling side of the organization has been delivering several new product features, including AWS Budgets, AWS Cost Anomaly Detection, AWS Cost Categories, AWS Billing Conductor, and AWS Compute Optimizer.

AWS Cost Categories allows you to categorize your cost and usage information precisely to your organizational structure and cost allocation needs such as teams, cost centers, geography, applications, and more. Learn more!

Learn more AWS 2022 Q2 launches, such as additional resource coverage for AWS Compute Optimizer, user interface updates for AWS Budgets and Bills, etc.

In this blog, we will address some commonly asked questions we received about AWS Billing Conductor, so you understand how this service can be of use in your day-to-day AWS billing and cost allocation needs.

Take a look at what AWS Cloud Financial Management team delivered in Q1, such as AWS Billing Conductor, Carbon Footprint Tool, Auto-adjusting budgets, etc. and see how these new capabilities can help solve your immediate and long-term financial needs.

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 (e.g. AWS Cost and Usage Reports), and group cost and usage information into meaningful groups by your own rule (e.g. AWS Cost Categories).  For customers who want to understand what premium 3rd party solutions are available to help you better organize and report your cost in preparation for chargeback or showback in your organizations, AWS Partner Network has verified partners that can offer cloud management solutions to help customers manage and optimize AWS environments.   In this blog post, we will share how you can leverage Apptio Cloudability to build your cost allocation strategy.