Tag: Cost Savings

Starting today, you can easily model your next Savings Plans purchases and evaluate the impact on cost, coverage, and utilization in the AWS Billing and Cost Management Console. You can input your own commitment amount or generate a recommended commitment that is designed to maximize your cost savings. Furthermore, you can customize your analysis by selecting a specific lookback period and/or excluding expiring Savings Plans to plan for upcoming renewals.

Cloud cost optimization is often implemented as a reactive activity, despite being intrinsically proactive by nature. By implementing these 5 cloud cost optimization best practices, you can ensure proactivity as you maximize realized business value and take advantage of the flexibility, agility, and scalability of cloud technologies and services.

Savings Plans is a flexible pricing model offering lower prices compared to On-Demand pricing, in exchange for a specific usage commitment (measured in $/hour) for a one or three-year period. AWS offers three types of Savings Plans – Compute Savings Plans, EC2 Instance Savings Plans, and Amazon SageMaker Savings Plans. Compute Savings Plans apply to […]

Following re:Invent 2021 and all the amazing announcements, there are so many new and exciting ways for customers to optimize cloud spend. This blog highlights some opportunities that customers could really benefit from, and offers guidance on how to take advantage of them, and, therefore, the savings.

Find cost savings from 2020 re:Invent announcements. Learn how you can save with Amazon EBS gp3; monitor and save your AWS Lambda cost with CloudWatch Lambda Insights; and save cost for your Amazon Athena usage with engine version 2 and control costs for your Athena workgroups with CloudWatch Query Metrics.

AWS Cost Explorer now delivers rightsizing recommendations across EC2 instance families through an integration with AWS Compute Optimizer, adding to existing support for rightsizing recommendations within the same instance family. To access Cost Explorer Rightsizing Recommendations, click on “Recommendations” in the left navigation pane, followed by “View All” in the “Resource optimization recommendations” section of the […]

AWS now generates Savings Plans recommendations for member (linked) accounts, adding to existing support for organization level Savings Plans recommendations.

AWS CloudTrail is a service that enables governance, compliance, operational auditing, and risk auditing of your AWS account. With CloudTrail, you can log, continuously monitor, and retain account activity related to actions across your AWS infrastructure. CloudTrail provides event history of your AWS account activity, including actions taken through the AWS Management Console, AWS SDKs, […]

September 8, 2021: Amazon Elasticsearch Service has been renamed to Amazon OpenSearch Service. See details. AWS now generates custom Amazon EC2 resource optimization recommendations, calculating ideal configurations based on your past usage. Using these recommendations in the AWS Cost Management product suite, you can identify opportunities for cost efficiency and act on them by terminating […]