AWS Cloud Financial Management

Category: Technical How-to

Improving your FinOps practice with real-time Slack notifications of AWS CFM announcements

AWS publishes more than 200 announcements per month to the “What’s New with AWS” website and RSS feed, so there’s a lot to get excited about. However, finding relevant announcements in these updates can be a challenge for engineers, finance professionals, or FinOps stakeholders. In this blog, we will deploy a solution to collect cost optimization related announcements from the “What’s New with AWS” feed and pass them into a dedicated Slack channel.

Optimize costs by automating AWS Compute Optimizer recommendations

Optimize costs by automating AWS Compute Optimizer recommendations

AWS Compute Optimizer is a powerful tool that offers recommendations to optimize your Amazon EC2 instances, helping you identify suitable instance types, reduce underutilized resources, and enhance performance. In this blog post, we will explore AWS Compute Optimizer and demonstrate how to automatically apply its recommendations, resulting in significant cost savings and improved resource efficiency.

How to create and enforce your tagging strategy for more granular cost visibility

In this post, we’ll show you what tools you can use, and how you can use them to define, implement, and enforce a tagging strategy that improves your organization’s cost awareness using AWS Cost Explorer, AWS Organizations, AWS Tag Editor, and AWS Config.

More flexibility in grouping AWS resources and accounts with AWS Cost Categories

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 “, […]

Optimizing resource efficiency with AWS Compute Optimizer

It’s well known how important it is to learn about strategies for holistic cloud cost optimization, how AWS has improved its cost-optimization recommendation solutions, and how to use those solutions to map capacity to your needs and make better cost-optimization decisions while maintaining high performance. AWS Compute Optimizer helps you identify the optimal AWS resource […]

How-to chargeback shared services: An AWS Transit Gateway example

In this blog, we will review how to define a chargeback and cost allocation strategy, and then walk you through a reference architecture to build and automate the chargeback process. The example will provide prescriptive guidance to chargeback AWS Transit Gateway costs.

Using the right tools for your cloud cost forecasting

We’re at the final blog of our forecasting series! If you’ve been following along the past few weeks, you have explored creating a process for more effective forecasting, establishing a forecasting culture, and building driver-based forecasting. It is now time to put pen to paper and create your forecast. But where do you start? How […]