Aug 2024
👉Here's a common scenario: Your organization migrates existing workloads to AWS or sets up new workloads in AWS. Things are going well until you see their AWS bill. You get a sticker shock - the amount is much more than what was budgeted. This highlights the crucial need for effective cost management strategies. The post is for CEOs, CIOs and other business executives who want to manage their AWS costs. Let's dive into practical ways to keep AWS costs under control, ensuring businesses can make the most of AWS without unexpected financial strain. ⚙️Taking a systematic approach At its core, AWS cost management revolves around understanding where your money is going, identifying inefficiencies, and implementing strategies to reduce spending without compromising on performance or capabilities. Stated simply, it comes down to using less resources and getting a better price for what you use. The trick is striking a balance between the two. For instance, downsizing resources to save money won’t work if there is a negative impact on performance....