AWS Cloud Financial Management
Category: Storage
Automating custom rates at scale: an Amazon case study with AWS Billing Conductor
In this blog post, we discuss how Amazon used AWS Billing Conductor to build a custom solution, enabling them to view their AWS cost at internal rates in AWS Cost Explorer and AWS Cost and Usage Report (CUR).
re:Invent 2024 Cost Optimization highlights that you were not expecting
With re:Invent 2024 in the books, and over 50 launch announcements, here are four that we’re most excited about. The overarching theme of these launches appears to be leveraging Amazon’s automation capabilities to optimize costs and improve efficiency for customers.
Announcing Idle Recommendations in AWS Compute Optimizer
Starting today, AWS Compute Optimizer will give recommendations to clean up idle resources. AWS Compute Optimizer historically has been focused on providing rightsizing recommendations to save cost and improve performance. To help you drive further cost savings, we are expanding the focus to now include detecting and recommending cleanup of idle recommendations. With this launch, you will get recommendations for idle EBS volumes, ECS tasks on running on Fargate, EC2 instances, EC2 Auto Scaling groups, and RDS instances.
New Cloud Financial Management Digital Training Courses
We’re excited to announce the release of AWS Cloud Financial Management digital training courses. These are four 1-hour courses that will get you familiarized with key AWS solutions to solve your daily FinOps needs, and equip you with cost optimization techniques for commonly used AWS services.
Optimize storage cost for your Athena queries
You can use Amazon Athena, a lightweight serverless, analytics tool, to query your AWS Cost and Usage Report (CUR). This enables you to dive into your cost and usage data for spend reporting and optimization analysis. However, you may not know all the opportunities you can optimize your Amazon S3 costs by taking advantage of S3 Lifecycle configuration.
How Infor saved $2 million with effective CFM strategies
As many organizations are looking to achieve financial success through effective Cloud Financial Management (CFM) strategies, Infor, the global leading software provider, has been experimenting with different practices, from cost reporting to optimization. In this blog post, we will share their success and learning that helped achieve over $2 million in savings through automation and modernization initiatives.
Optimize and save on “other” services
When it comes to cost optimization, you often focus on the top spenders, but the cost of the services that typically fall under the “Others” category can be just as high as the top cost drivers. It’s worth looking into the sources of these costs and identifying opportunities for cost and performance optimization. In this blog, I’ll use a few examples to demonstrate how you can dive deeper and understand the cost elements of these “other” services and what you can do to optimize the spend.
Starting your Cloud Financial Management journey: Cost planning
In the 3rd part of our 4-part Starting your Cloud Financial Management Journey series, we’ll cover the things you should consider and the tools you can use to forecast and plan for your existing or net-new workloads.
Starting your Cloud Financial Management journey: Cost savings
In this blog, we’ll share tools you can setup, pricing models you can take advantage of, and services you can use that will help you identify cost optimization opportunities in your workloads.
AWS Compute Optimizer launches support for Amazon ECS services on AWS Fargate
One of the most common customer requests we receive is related to supporting containerized applications. Compute Optimizer now has recommendations to help you identify optimal CPU and memory configurations for Amazon Elastic Container Service (Amazon ECS) services running on AWS Fargate.