AWS Cost Management

Launch: Daily Cost and Usage Budgets

AWS Budgets allows you to stay informed of your cost and usage based on the custom budget limits.  You will receive alerts if your cost and usage exceed or are forecasted to exceed these monthly, quarterly, and/or annual budget thresholds you set yourselves.  The best way to leverage AWS Budgets is to set your expected […]

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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 #2: AWS-Generated vs. User-Defined Cost Allocation Tag

This blog post is contributed by Harsh Patel, Associate Cloud Developer In my last blog “Cost Allocation Basics That You Need to Know”, I shared three foundational elements 1) account structure, 2) tagging, and 3) reporting on shared costs, you need to establish before you can implement a successful cost allocation model that meets your […]

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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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Update: Elastic Load Balancing Code Change

Update: Elastic Load Balancing Code Change

Elastic Load Balancing is a service that automatically distributes incoming application traffic across multiple targets, such as Amazon EC2 instances, containers, IP addresses, and Lambda functions.  It helps customers achieve fault tolerance for any application by ensuring scalability, performance, and security. Starting August 1, Elastic Load Balancing cost and usage information will start showing up […]

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Preview: AWS Purchase Order Management

Preview: AWS Purchase Order Management

As part of the procure-to-pay process, many AWS customers use Purchase Orders (“POs”) to procure AWS services and approve invoices for payment. Customers have told us that they want to use separate POs for different types of purchases and need the ability to track their PO information to ensure that valid POs are used for their invoices.

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Cost Explorer Forecasting API Improvement

Cost Explorer Forecasting API Improvement

We have further enhanced our forecasting algorithm to allow a same day start date so customers can always access and view their historical and predicted costs in their Cost Management console and via Cost Explorer API without any gaps. Prior to this change, the current date was an invalid start date for calls to GetCostForecast […]

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Cloud Financial Management services available in China

Launch: Cloud Financial Management services available in China

We are pleased to announce the AWS Cost Management suite of products is now available in AWS China (Ningxia) Region, operated by NWCD, and in AWS China (Beijing) Region, operated by Sinnet.  The services and features include AWS Cost Explorer, AWS Budgets, AWS Cost and Usage Report (CUR), Reserved Instances Recommendation and Reporting, and EC2 […]

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What’s New in the AWS Well-Architected Cost Optimization Pillar

We recently released an updated version of the Cost Optimization pillar of the AWS Well-Architected Framework with a heavy focus on Cloud Financial Management. Since releasing the AWS Well-Architected Tool at re:Invent 2018, we’ve continued to work with customers, partners, and other AWS subject matter experts to understand how we can improve the tool and […]

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How to build a chargeback/showback model for Savings Plans using the CUR

Enterprise customers who leverage consolidated billing on AWS often have the need to do internal cost allocation. This can be challenging, particularly when using pricing models such as Savings Plans. In this blog post, we will provide prescriptive guidance on how to build an equitable cost allocation model for Savings Plans (SP) using the data […]

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