According to Gartner, the shift to the cloud will affect more than $1 trillion in IT spending as organizations pursue more “cloud-first” strategies by 2020. Given the benefits, it’s no surprise that companies are moving their infrastructures to the cloud. Minimal upfront costs and its pay-as-you-go model make the cloud an affordable option. Easy scaling and resizing of resources, faster development cycles, and better access to analytics make the cloud a flexible solution for long-term growth. Cloud Academy AWS Billing and Cost Management eBook will help you along the way.
While it’s easy to scale resources up and down, it’s also easy to fall into an all-too-common trap: The infrastructure trap. In this scenario, overlooked and unmanaged resources and poor planning can create some unwelcome surprises when the monthly bill comes in.
Fortunately, there are a variety of tools and resources that are available to help you avoid the infrastructure trap.
AWS Billing and Cost Management Tools
In this eBook, we’ll help you get the most of your AWS cloud with tools and tactics for managing, analyzing, forecasting and optimizing your cloud infrastructure choices.
Here is a sample of what we’ll cover.
We’ll start with a deep look at how your money is being spent. We’ll cover the basics of AWS billing management and show you how to use AWS Cost Explorer, and how to create Cost and Usage Reports. And, we’ll talk about what you can learn from your Amazon EC2 Instance Usage Report.
Cost management in the cloud is an ongoing exercise for operation managers who are expected to answer questions such as: How can we keep our spending within a reasonable limit? How can we forecast future spending? We will introduce the AWS cost management tools that can help answer some of these important questions. We’ll show you how to setup and use Billing Alerts and Cost Allocation tags (and more) to understand your spending patterns and biggest cost drivers to prevent surprises.
Now that you know what and how you’re spending, it’s time to optimize what you’re spending. But how do you know which services are no longer needed? And how do you decide if an instance needs to be terminated or resized? We’ll show you how to get the most out of tools such as AWS Trusted Advisor, AWS Price List API, Price Update Notification, AWS Simple Monthly Calculator to control costs.
We’ll also introduce some third party tools to help you reduce costs, including the spot market and how you can take advantage of it for acquiring capacity.
Using the insight shared in this ebook, you will be able to decide:
- Which AWS resources or service can be shut down or retired
- Which AWS resources can be resized based on their usage pattern
- How to apportion the total bill to various customers based on their resource usage
- And more!