AWS Cloud Financial Management

Voiced by Amazon Polly From time to time, customers will ask me questions like, “my AWS bills are going up and I don’t know whether that’s a good thing or a bad thing?” Did the bill go up because you’re operating more workloads in the cloud or is it because you’re using AWS inefficiently? Perhaps […]

Voiced by Amazon Polly   Throughout your IT planning and evaluation cycle, you will have questions about how much you should budget for your IT projects and how well your IT investments perform and contribute to your businesses.  AWS provides you with tools and resources, such as AWS Pricing Calculator, AWS Budgets, AWS Cost Explorer, […]

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.

Protecting your web applications from common web exploits is of the essence for intellectual and information security. In this blog post, we will walk you through how you can estimate your AWS Shield Advanced monthly cost based on your current resources usage, and how much you will save when you stop paying for AWS WAF, and instead using AWS Shield Advanced.

One of our focuses this year is to share more customer stories with you. We recently sat down with one of our customers and a valued partner – Duda to reflect upon their Cloud Financial Management (CFM) journey. In this blog post, we will give you a brief overview on how they tackled this important task.

This year, as the world is still coping with the post-vaccine new normal, cloud cost efficiency and optimization will remain at the top of the agenda. As we are improving our product capabilities, your user experience is at the center of everything we build. We invite you to share your feedback with us, come meet your peers, and share your success stories.

We are excited to announce that AWS Cost Anomaly Detection is now generally available. AWS Cost Anomaly Detection uses a multi-layered machine learning model that learns your unique, historic spend patterns to detect one-time cost spike and/or continuous cost increases, without you having to define your thresholds. Every anomaly detected will be available in the detection history tab. We send you the anomaly detection report with root-cause analysis. And the service also comes at no cost to our customers.

Andy Jassy shared 8 core reinvention guidelines in his 2020 AWS re:Invent keynote. These guidelines are key to keep organizations stay successful and translate well into IT Financial Management. Learn from his speech and our recently published “AWS Cloud Financial Management Guide” about how you can establish effective technology financial management in order to fully realize the value of your investment.

Customers let us know that they want native, automated spend management capability at the point of self-service resource provisioning. AWS Service Catalog allows you to pre-approve services for your users. With its integration with AWS Budgets, you can create and associate budgets with portfolios and products, and keep your developers informed the resource costs for them to run cost-aware workloads. In this blog post, we will walk you through how you can set up a serverless automated workflow to govern the cost for your AWS Service Catalog portfolio.

What do you miss most about re:Invent? For those of you who haven’t been to one yet, re:Invent is a conference hosted by AWS for the global cloud computing community. Each year tens of thousands of customers and partners from around the globe gather in Las Vegas for a week of “jam packed” launch announcement, education, networking, and most importantly fun activities.