AWS Cloud Financial Management

In this post, we’ll show you what tools you can use, and how you can use them to define, implement, and enforce a tagging strategy that improves your organization’s cost awareness using AWS Cost Explorer, AWS Organizations, AWS Tag Editor, and AWS Config.

AWS has launched two new features for creating AWS Cost Categories rules. It has added a new dimension -“Region” to its category rule, and a new dimension operator “OR” to define cost categories rules across dimensions. You can now create cost categories rules with six types of dimensions – “Linked Account”, “Charge Type”, “Service “, […]

When starting your CFM practice, it’s easy to feel overwhelmed, or like you’re already behind the curve. You’re not alone.  To help, we’ve answered the top 4 questions we hear from customers when they’re first getting started so you can kickstart your Cloud Financial Management journey with confidence. Is there a particular order that you […]

To operationalize your CFM strategy, you need to identify what tools are available to help you allocate, visualize, and control your AWS cost and usage. In this blog, we’ll share our latest CFM Talk session, where we walk you through an example optimization (using AWS Graviton) to shed light on the framework for how you should think about each CFM pillar and layer tooling into your strategy.

AWS partnered with 451 Research to better understand the impact of Cloud Financial Management best practices on Cloud Cost, Business Value, and Sustainability. Explore the survey findings to learn how Cloud Financial Management benefits go beyond cost savings.

AWS Pricing Calculator now supports the ability to bulk import Amazon Elastic Compute Cloud (Amazon EC2) instances, dedicated hosts and Amazon Elastic Block Store (Amazon EBS) volumes using a structured Excel template. The new feature will allow you to estimate a fleet of EC2- or EBS-based resources at a fraction of the time and allows for quick iterations.

In the final blog of our 4-part Starting your Cloud Financial Management journey series, we’ll look at how CFM fits into the structure of your business via processes, polices, and people that are key in your cloud journey.

In this first ICYMI blog of 2023, we’re sharing articles from across the AWS blogosphere and AWS Cloud Financial Management, to help you start the year off right. Explore these resources to understand and start implementing important optimizations from varying perspectives. Whether you’re in a technical, financial, or business role, these optimizations can help you […]

It’s well known how important it is to learn about strategies for holistic cloud cost optimization, how AWS has improved its cost-optimization recommendation solutions, and how to use those solutions to map capacity to your needs and make better cost-optimization decisions while maintaining high performance. AWS Compute Optimizer helps you identify the optimal AWS resource […]

In this blog, we will review how to define a chargeback and cost allocation strategy, and then walk you through a reference architecture to build and automate the chargeback process. The example will provide prescriptive guidance to chargeback AWS Transit Gateway costs.