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Why Cost Optimization Matters

Why Cost Optimization Matters
Overview
Difficulty
Beginner
Duration
1h 13m
Students
2
Description

This course covers the core learning objective to meet the requirements of the 'Implementing effective Cost Management solutions in AWS - Level 1' skill

Learning Objectives:

  • Understand aspects of AWS Cloud economics, including OpEX, CapEX and TCO
  • Understand the various AWS account structures in relation to AWS billing and pricing practices
  • Understand which operations will reduce costs by moving to the AWS cloud
  • Analyze and contrast the various pricing models for AWS, such as On-Demand EC2 Instances, Reserved Instances, and Spot Instance pricing
Transcript

Starting early with cost optimization is essential and can save a lot of trouble.

Many AWS cost projects do not start when you migrate to AWS, but costs get out of hand. And then it usually becomes even more difficult to change entrenched processes and behaviors. But do not be discouraged by this if you are in such a situation. This is why we have created this course, to help you relax, even in such difficult situations.

AWS offers fantastic opportunities for faster development, lower TCO, and increased agility.

No matter if a startup or large corporation, AWS grows with the requirements and always provides exactly the services that are currently needed - of course, only when used correctly.

Cost Optimization helps you meet your financial and business objectives while only paying for what you need and and use.

AWS is not a traditional data center and therefore should not be used as such. 

AWS allows us to be much more agile and instead of spending time on administrative overhead, we can invest that time in innovation.

Companies see the greatest potential for savings by taking advantage of the agility of AWS and developing applications that scale and are highly automated.

Later in the course, we will cover the five pillars of the Well-Architected Framework, clarifying the key concepts and design principles of cloud workloads.

Cost optimization will help you manage your resources and money appropriately and in time to make economically wise decisions before expenses get out of hand and need to be fixed.

About the Author
Students
215374
Labs
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Stuart has been working within the IT industry for two decades covering a huge range of topic areas and technologies, from data center and network infrastructure design, to cloud architecture and implementation.

To date, Stuart has created 150+ courses relating to Cloud reaching over 180,000 students, mostly within the AWS category and with a heavy focus on security and compliance.

Stuart is a member of the AWS Community Builders Program for his contributions towards AWS.

He is AWS certified and accredited in addition to being a published author covering topics across the AWS landscape.

In January 2016 Stuart was awarded ‘Expert of the Year Award 2015’ from Experts Exchange for his knowledge share within cloud services to the community.

Stuart enjoys writing about cloud technologies and you will find many of his articles within our blog pages.