AWS Cloud Financial Management

This blog post series provides an overview on how to establish a sustainability proxy metrics showback mechanism for teams wanting to optimize their AWS usage for sustainability. In Part I, we’ve covered the motivation for sustainability proxy metrics and key performance indicators (KPIs). We explained the concept of usage based metrics, normalization and inclusion of […]

Read this blog and learn how you can establish effective cloud financial management (CFM) practices to continuously improve cost transparency, control, forecasting, and optimization.

Sustainability has become an important decision-making factor for customers, employees, regulators, investors, and partners. Customers have started their journey towards a sustainable business and operations. If you’re building, deploying, and maintaining IT infrastructure, reducing its environmental impact is an important step in reaching company-wide sustainability goals. Thus, sustainability has become a non-functional requirement in modern […]

Cost transparencies and insights will help drive data-driven and informed decisions. This blog describes a flywheel approach that an enterprise can utilize to optimize their AWS spend and leverage those saving towards driving continuous innovation.

In this blog, we’ll walk you through an example of setting up a multilevel hierarchy in Cost Categories. We’ll use Amazon Athena to consolidate cost and usage data across all AWS services, accounts, tags, cost categories, and other fields from the AWS Cost and Usage Reports (CUR). 

That’s a wrap on Season 6 of the AWS cost Twitch show, ‘The Keys to AWS Optimization”. In case you missed it or are looking to explore a new cost optimization resource, we’re sharing the top 3 episodes of Season 6.

There are many benefits to running your Amazon OpenSearch Service workloads on Graviton2 based instances coupled with the gp3 EBS volume type. If you’re currently maintaining an Amazon OpenSearch Service workload, these changes are easy to make and can provide ~10% in savings with minimal effort.

In case you missed the launch announcement from AWS Cloud Financial Management solution category in Q2, this blog presents you a quick summary.

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.

By using CUDOS and the CID Framework, Cvent provides its centralized governance teams with greater visibility across all organizational spend in a simple, cost-effective manner. More importantly, that same visibility is available to budget managers and engineers, which decentralizes the ownership of the budget details. Cvent’s mindset and processes are shifting from reactive spend investigation to proactive cost optimization during planning and deployment, which fosters a high degree of financial predictability expected from investors and shareholders.