AWS Cloud Enterprise Strategy Blog

Tag: Cost Optimization

FinDev and Serverless Microeconomics: Part 2 – Impacts

By Aleksandar Simovic Introduction by Mark Schwartz Serverless computing (for example, the capabilities offered by AWS Lambda) is not just a new technology. Its implications—not yet widely understood—include a deep impact on enterprise strategy. Essentially, serverless computing completes the transformation of IT platforms to a utility, something like electricity: whenever you need a little bit […]

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The AWS Cost & Usage Report: The Next Step on Your Cost Management Journey

by Erin Carlson, AWS Product Marketing Manager Introduction by Mark Schwartz, AWS Enterprise Strategist One of the advantages of the cloud is that it allows you to right-size your infrastructure continuously—to add infrastructure when you need it and release infrastructure and stop paying for it when you don’t. This gives enterprises new degrees of freedom […]

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FinDev and Serverless Microeconomics: Part 1

by Aleksandar Simovic Introduction by Mark Schwartz, AWS Enterprise Strategist In a post a few months ago titled Micro-Optimization: Activity-Based Costing for Digital Services, I pointed out that serverless computing in the cloud raises the possibility for us to optimize our costs at an extremely granular level, the level of individual functions within an application. Essentially, […]

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AWS Enterprise Strategy Blog 2018 Wrap-Up

Our enterprise strategy blog—like the rest of Amazon and AWS—is oriented around the expressed needs of our customers. We write about the issues and challenges facing the enterprises we meet with, and try our best to give them new ways of framing problems, of anticipating the future of IT, of thinking about the cloud and […]

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Introducing FinOps—Excuse Me, DevSecFinBizOps

Who is accountable for managing the costs of a digital service? Enterprises are increasingly pushing accountability outward to cross-functional teams. There is an important reason for this: teams can make decisions and put them into action quickly, and speed is important. By putting a cross-functional group of people on the same team, the enterprise makes […]

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Micro-Optimization: Activity-Based Costing for Digital Services?

As I have argued in my other posts, the digital world is bringing a radical change in the role of the CFO. For one thing, the cloud and DevOps are turning fixed costs into variable costs. For another, rapid iteration and delivery make it possible—and essential—for us to make financial decisions based on marginal costs […]

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Continuous Optimization

The world of traditional on-premises IT has become reasonably accurate at forecasting operating costs. We’ve been running IT in a very similar, familiar way for a long time, and we’ve become good at it. When adopting cloud, it can be helpful to reevaluate how we think about cost management, particularly around fixed-cost models and consumption-based […]

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Accessing Your RI Purchase Recommendations and Identifying Opportunities for Cost Optimization

Working in the cloud is not just a matter of reducing costs once when you migrate your workloads. It is a matter of constant adjustment to gain all of the cost benefits that AWS makes available to you. We call this process cost optimization—the active oversight of costs as your organization and its market change, […]

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