Cloud Cost Optimization for Software Companies

Explore ways to optimize your business's Amazon Web Services costs as it expands to drive further efficiencies.

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Discover how AWS can help your software business grow intelligently

Most companies are focused on growing their revenue, expanding geographically, and finding new use cases for their applications. However, ensuring your grow in the right way is essential to maintaining profitability! 

Find out how to optimize your cloud operating costs to ensure you are investing where it matters most.

ZeroLight case study

Lucid Motors and ZeroLight Host Virtual Car Launch on AWS and see 46% Higher Conversion Rate.

First, set the foundation for smart growth

Hear top tips and insights from our Cost Optimization Specialist, Diana Silby Sebastian, about rightsizing, modernization, and our AWS purchase models that allow you to achieve significant savings with low effort.

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Next, use AWS cost optimization tools

Dive deeper on the topics we touched upon in our first session and learn about services such as AWS Cost Explorer, AWS Instance Scheduler, and more.

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Finally, discover AWS best practices

In our third session, Senior Technical Account Manager, Nataliya Godunok, will walk you through the key considerations, best practices, and use cases compute, storage and non-Amazon Elastic Compute Cloud (EC2) optimization. 

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Discover our resources to help you optimize your costs

  • Compute
  • Have you heard about AWS Graviton?

    Graviton processors are custom-built by AWS to deliver among the best price performance for your cloud workloads. Graviton-based instances are also available in popular managed AWS services.

    Resources
    Watch a Get Started video » Start with Graviton »
    Optimize with AWS Saving Plans

    Do you know how much compute power you need? Our Saving Plans offer lower prices if you are ready to commit for one- or three-year periods. AWS offers three types of Saving Plans for Compute  EC2 Instances and Amazon SageMaker. 

    Resources
    Watch a video » Saving Plans FAQ »
    Amazon EC2 Spot Instances

    EC2 Spot Instances are aimed at fault-tolerant workloads. Reduce the cost of running your applications, grow your its compute capacity, and increase throughput for the same budget. 

    Resources
    Get Started with Spot Instances » Learn More »
    Optimize with Partners: Intel Granulate

    Granulate autonomously and continuously optimizes on the application level, requiring no code changes or development efforts.

    With Granulate, AWS customers are seeing improvements in their job completion time, throughput, response time, and carbon footprint, while realizing up to 45% in cost savings. 

     

    Resources
    Visit Intel Granulate on Marketplace » Voice of the Customer: Claroty » Voice of the Customer: Sharethrough Get Started »
  • Storage
  • Amazon Elastic Block Store (EBS) Volume Modernization

    An Amazon EBS volume is a durable, block-level storage device that you can attach to your EC2 instances. Migrating EBS volumes to the latest generation can provide significant savings: Modernizing from gp2 to gp3 could reduce costs by up to 20%, allowing you to make quick savings across Amazon EBS.

    Resources
    Migrating from gp2 to gp3 » Watch a video on EBS »
    Optimize Amazon Simple Storage Service (S3)

    S3 Intelligent Tiering is among the only cloud storage that delivers automatic storage cost savings. It moves objects between three access tiers for a small monthly monitoring and automation fee and is ideal for data with unpredictable access patterns. The launch of the new Archive Instance Access Tier, delivers up to 68% lower cost without any impact on performance.

    Resources
    Watch 6 min. video » Read a blog »
  • Non-EC2 Services
  • Databases

    Elasticity allows you to optimize spend for Amazon Redshift and Amazon Relational Database Service (RDS), enabling you to only pay for what you need. 

    Modernizing to AWS Gravition2, will allow up to 52% of price/performance improvement for RDS open source databases. Pricing models using Reserved Instances, can save up to 69% over on-demand prices depending on your payment option and terms.

    Switching RedShift from DS2 and DC2 node types to RA3 types can lead to cost savings. RedShift Serverless allows customers to save costs by only paying for clusters that are in use. Reserved Nodes, that can be purchased in the RedShift console, allow for discounted per hour rates. 

    Resources
    Watch a video on RDS » Learn more about RedShift »
    Amazon ElastiCache

    Optimize ElastiCache and modernize to Graviton2 T4g, M6g, and R6g instances, to achieve up to 45% price/performance improvement over previous generation instances. Reserved Nodes give you the option to make a low, one-time payment for each cache node you want to reserve and in turn receive a significant discount on the hourly charge for that Node.

    Resources
    Modernize ElastiCache » Learn about Reserved Nodes »
    Amazon OpenSearch Service

    While running an OpenSearch domain, you can choose from a variety of instances for your primary nodes and data nodes suitable for your workload. Amazon OpenSearch Service now supports AWS Graviton2 instances which provide up to 44% price/performance improvement over previous generation instances. 

    OpenSearch Reserved Instances (RIs) offer significant discounts compared to standard On-Demand Instances (up to 50%). 

    Innovate
    Watch a video on OpenSearch » Learn about Reserved Instances »

Get started

Software companies of all types and sizes are building a stronger future powered by AWS. Contact our experts and start your own AWS Cloud journey today.

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