AWS Cloud Financial Management

Voiced by Amazon Polly One of the most common questions we get from customers is how to manage compute costs for resources like Amazon EC2, AWS Lambda, and AWS Fargate.  Amazon Web Services (AWS) has many offerings to help you optimize spending, one of which is AWS Savings Plans. You can receive up to 72% […]

As we celebrate the upcoming 15 years birthday of Amazon EC2, we walked down memory lane and took a look at all the customer-centric cost optimization resources available for you.

One of the reasons Cloud Financial Management exists is to manage the changes to the process of procuring and consuming IT resources and the impact those changes have to accounting.  If you keep this perspective in mind, I think the job gets easier.

For those of you who don’t want to miss any news from AWS Cloud Financial Management (CFM) space in 2021, this blog post will provide a quick recap of this year’s updates: from category name updates, to CFM training for builders, to all the service and feature enhancement across CFM solution areas.

Voiced by Amazon Polly   After the blog series on Unit Metrics, the call was put out for future topics.  There were some excellent suggestions received from the community.  Three in particular struck a chord: Building strong links between technology and other business teams Projecting AWS cost.  The role of traditional FP&A in the FinOps […]

AWS cloud usage data is a critical component in the IT Financial Management process for AWS customers. As organizations grow in cloud maturity, the cloud usage data may become complex as usage incurs from distributed teams and businesses. Financial and Technology leaders need access to trends, signals, insights, and cost deviations to quickly understand and analyze the cloud usage. The AWS Cost and Usage Reports (CUR) provide comprehensive data about your AWS costs, including information related to product, pricing, and usage. By including the Resource IDs and choosing hourly time granularity, CUR allows you to analyze your costs in greater detail and accuracy. You can download the CUR reports from the Amazon Simple Storage Service (Amazon S3) console, query the reports using Amazon Athena or load the reports into Amazon Redshift or visualize in Amazon QuickSight.

Voiced by Amazon Polly   October 6, 2021: This blog post is under construction. Please refer back to this post in a day or two for the most accurate and helpful information. It has become increasingly common for customers to deploy applications that share infrastructure resources for the purpose of cloud cost optimization. As more organizations […]

Voiced by Amazon Polly   Organized, meaningful cost and usage data helps make informed decisions for your cloud investment. AWS provides various resources and tools to help you organize resources and accounts, such as AWS Cost Categories, AWS Control Tower, and AWS Organizations. AWS Organizations is a great service to centrally manage and govern your […]

Voiced by Amazon Polly   As the last blog in the Unit Metric series (intro, what is unit metric, selecting a unit metric to support your business, unit metrics in practice – lesson learned), we’ll share how unit metrics is instrumental in gaining alignment across business functions. High quality unit metrics create an opportunity to […]

  This blog post is contributed by Steven Dolan, Senior Enterprise Support TAM Amazon S3’s multipart upload feature allows you to upload a single object to an S3 bucket as a set of parts, providing benefits such as improved throughput and quick recovery from network issues. In general, when your object size reaches 100 MB, […]