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Comparing AWS Tools for Cloud Cost Management and Optimization
Cloud cost management and optimization can be a major challenge for organizations with multiple cloud environments on different cloud platforms and vendors.
In this guide, "Comparing AWS Tools for Cloud Cost Management and Optimization", you'll learn how to identify unnecessary cloud costs, what tools can help gain visibility into cloud costs, and how to ensure good governance of your cloud. Read the whitepaper here.
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AWS offers several tools for cost visibility, including the AWS Cost and Usage Report, which tracks billing data and can be customized for deeper insights. AWS Cost Explorer helps visualize costs over time, while AWS Budgets allows users to set and track budgets. Additionally, AWS Cost Categories enable grouping costs by different accounts or tags for better analysis.
Optimizing Cloud Costs with AWS
Organizations can utilize AWS tools like Trusted Advisor for best practice guidance, AWS CloudWatch for monitoring usage patterns, and AWS Compute Optimizer for rightsizing resources. However, as cloud usage grows, it's essential to consider the potential additional costs associated with these tools and the limited scope of some recommendations.
Ensuring Cost Governance in Cloud Usage
Establishing governance involves defining clear policies for cloud usage aligned with overall strategy. Automation can play a key role in enforcing these policies, allowing teams to focus on addressing violations rather than searching for them. Tools like AWS Budgets can help track adherence to these policies effectively.
Comparing AWS Tools for Cloud Cost Management and Optimization
published by Teckin Solutions