AWS Cost Optimization Pillar
Last Updated : 20-Dec-2020
Design Principles
- Implement Cloud Financial Management: build processes for measuring cost in the cloud and attributing meaningfully to business activities (cost centres, etc)
- Adopt a consumption model: Pay as you go
- Measure overall efficiency: Measure the business KPIs to attribute cost to workloads
- Stop spending money on undifferentiated heavy lifting: use AWS services
- Analyze and attribute expenditure: measure ROI on workloads
Best Practices
- Practice Cloud Financial Management
- Expenditure and usage awareness
- Cost-effective resources
- Manage demand and supply resources
- Optimize over time
Services
- AWS Billing & Cost Management
- AWS Pricing Calculator
- Savings Plans
Using Template: Template Post