AWS Cloud Financial Management

There are a multitude of reasons why customers look to migrate or modernize on the cloud. Aside from cutting operational costs, they can move faster and transform customer experiences, drive new innovations and business models, or deliver on a digital transformation or business modernization. A recent study conducted by The Hackett Group revealed that organizations […]

Having access to real-time data is a clear perk of the cloud. To help you maximize the value of the cloud, we’ve curated three AWS resources to help you organize, allocate, and visualize this data.

AWS Cost Categories allows you to categorize your cost and usage information precisely to your organizational structure and cost allocation needs such as teams, cost centers, geography, applications, and more. Learn more!

How can you make your data work for you and your specific business needs? We asked three AWS CFM experts to share their advice on how you can get started.

DPG Media Group is an international media company operating in Belgium, the Netherlands, and Denmark. With strong, well-known brands in publishing, broadcasting, and online services, DPG Media serves customers 24/7, and employs 6,000 people. It began using AWS services in 2016 to support and accelerate its digital transformation by increasing agility, while decreasing time-to-market.

Actionable cost insights are sets of cost and usage raw data and information from which leadership, product owners, and financial management can create effective data-driven actions. An insight that drives action is typically more valuable than one that simply answers a question—especially an insight that makes you rethink something and pushes you in a new direction.

As Medibank continued to migrate its workloads to AWS and onboard new applications in the cloud, it became increasingly important to establish both visibility and accountability of AWS cost and usage to each business unit and project, which would also help reduce the risk of costs exceeding the allocated budget. Teams also found it hard to optimize their usage due to lack of clear metrics and feedback loops.

Learn more AWS 2022 Q2 launches, such as additional resource coverage for AWS Compute Optimizer, user interface updates for AWS Budgets and Bills, etc.

Cloud Financial Management (CFM) is a fundamental part of every customer’s cloud journey. Whether you are building applications natively in the cloud, migrating your workloads to the cloud, or expanding your adoption of cloud services, CFM can help you achieve the full business value associated with cloud adoption.

In order to meet the new demands for their software, including customers from new segments, PandaDoc quickly deployed more infrastructure and iterated on feature development, which created architectural artifacts that were not optimized for cost efficiency or performance.