Recently I conducted a webinar about AWS Cost Efficiency. The webinar aims to provide attenders with the techniques and tools to master their cloud expenses and drive business forward. I shared best practices and real-case examples, leveraging role of the Cloud Financial Management and illustrating how newest AWS tools and services can be used to monitor and optimize cloud costs effectively.

In the first webinar we discussed myths concerning costs of cloud services, principles of cost control and cost optimization in the Customer’s Cloud Journey using AWS cost management tools. Among others, it includes such services and features as AWS Pricing Calculator, AWS Budgets, Cost Allocation Tags and Categories, RIs and Saving Plans, CUR.

In this webinar we reviewed pillars of cost optimization and discussed new AWS cost monitoring and optimization tools and services such as renewed Billing and Cost Management console, Resource-level data in AWS Cost Explorer, AWS Data Exports, Cost Optimizations Hub, and others features. In addition, as the next layer of cost optimization, customers should make sure that the most optimal pricing options are used by AWS Services, including data storage services as Amazon S3, Amazon EFS, compute services as Amazon EC2 and AWS Lambda, secure services as AWS KMS, AWS Secrets Manager, AWS WAF.

Agenda Highlights

• Understand your AWS spend.
• Value of Cloud Financial Management. 
• Leverage the latest AWS cost monitoring and management tools. 
• Strategic cost reduction techniques for AWS. 

Key Takeaways

• Company should practice Cloud Financial Management.
• Cost optimization can’t be implemented without cost visibility and cost monitoring.
• Cloud services have a lot of advantages, but you need put efforts to achieve that.
• Cost management and optimization are continuous improvement processes, it’s not a one-time check.
• Build basement with AWS Billing and Cost Management services, then add 3rd party tools.

You may download slides here.

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1. All used IP-addresses, names of servers, workstations, domains, are fictional and are used exclusively as a demonstration only.
2. Information is provided «AS IS».