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Introduction to AWS Cost Management

Introduction
Overview
Difficulty
Intermediate
Duration
52m
Students
103
Ratings
5/5
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Description

This course provides an introduction to cost management in AWS. It starts by looking at the economics of the cloud in general, including economies of scale and total cost of ownership, and you'll also learn why cost optimization is important.

We'll also cover the AWS Pricing Calculator and the AWS Well-Architected Framework and how these allow you to optimize your AWS environment and also calculate how much it will cost. We round off the course by taking a look at terminology across areas including software development, DevOps, finance, and general AWS terminology.

Learning Objectives

  • Get a foundational understanding of cost optimization in AWS
  • Learn the fundamentals of cloud economics including economies of scale, total cost of ownership, and why cost optimization is important
  • Learn about the AWS pricing calculator
  • Learn about the AWS Well-Architected Framework and how it can help to make your AWS environment more efficient and cost-effective
  • Understand a range of terminology linked to cost management in AWS

Intended Audience

This course is intended for cloud architects, business management, or anyone looking to manage their costs effectively in AWS.

Prerequisites

To get the most out of this course, you should already have some experience with the AWS platform.

Transcript

Hi, my name is Oliver Gehrmann. I’m a FinOps Consultant and CEO of kreuzwerker Frankfurt, a German consulting firm with a strong focus on AWS, Software Engineering and Cloud Financial Management. I’ve been working in IT for over 10 years and have accompanied the development from physical servers in data centers to modern cloud infrastructures.

We experienced first-hand that costs in the cloud are becoming more and more of a challenge when about 2.5 years ago more and more customers approached us with this topic. 

Since that time, we have worked extensively on the topic of cloud financial management and have already been able to save our customers many millions of dollars. I am now happy to share this knowledge with you and hope that you can take away some things from this course.

So, what are we waiting for?  Let's get started 

Hi and welcome to the AWS Cost Management Course!

In this course we are going to learn the basics on AWS cost management, fundamentals of cloud economics and important cloud and finance terminology.

The course is aimed at AWS beginners and requires only an AWS Account to follow along the live demos and some basic understanding on AWS and usage.

This course will help you understand the economy of the cloud in general and its basic principles, how to get along and make use of AWS and its tools and also why you should care about proper cost management for your cloud environment.

Also, you will learn some best practices on how to maintain your AWS environment.

Feedback on our courses are valuable to both us as trainers and any students looking to take the same course in the future. If you have any feedback, positive or negative, it would be greatly appreciated if you could send an e-mail to support@cloudacademy.com.

 

About the Author
Avatar
Oliver Gehrmann
FinOps Consultant & CEO of kreuzwerker Frankfurt
Students
193
Courses
3

Oliver Gehrmann is a FinOps Consultant and CEO of kreuzwerker Frankfurt, a German consulting firm with a strong focus on AWS, software engineering, and cloud financial management. He's worked in IT for over 10 years, facilitating the migration from physical servers in data centers to modern cloud infrastructures.
He and his team have experienced first-hand that costs in the cloud are becoming more and more of a challenge when about 2.5 years ago more and more customers approached them with this topic. Costs ran out of control and could not be addressed to business values.
Since that time, we have worked extensively on the topic of cloud financial management and have already been able to save our customers many millions of dollars. He now shares this knowledge in order to help others.