AWS Cost Optimization In Amazon’s Database Services

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Lysa Consultancy
AWS Cost optimization
Tools, Checklist, and Best Practices
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About Us

• Organizations are moving more applications and
  services to
• Infrastructure as a Service, Platform as a
  Service, and Software as a Service model. A
  sizable part of IT budgets is diverted to
• cloud providers, and understanding your cloud
  bill and budget on cloud providers like Amazon
  Web Services is becoming a prime concern. AWS
  cost optimization has become a discipline of its
  own with specialized tools, economic models and
  cost reduction best practices.

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Why Optimize Costs on AWS?
Here are key benefits of cloud costs
optimization Save costs - you can use Spot
instances to save up to 90 on EC2 costs, and AWS
Savings Plans to save up to 72. You can also
save up to 10 by rightsizing workloads with
AMD-based instances or migrate to AWS
Graviton2-based instances and save up to
20. Increase agility - cost optimization can
help you free up resources to scale applications
cost-effectively. With additional resources,
organizations can finance more projects to
better serve customer needs or provide more
resources to existing applications to improve
performance. Streamline selection - AWS provides
recommendations based on millions of simulations
to help you choose the most suitable instance
type and rightsize the compute environment.
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What Are the 5 AWS Design Principles for Cost
Optimization?
Implement cloud financial management Adopt a
consumption model Measure overall efficiency Do
not spend money on undifferentiated heavy
lifting Analyze and attribute expenditure
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AWS Cost Management Tool
Billing and Cost Management Console AWS Cost
Explorer AWS Budgets AWS Trusted Advisor Amazon
CloudWatch
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