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Introduction to AWS Cost Management

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Amazon Web Services
Amazon Web Services

This document outlines an agenda for an AWS Cost Management workshop. The agenda includes introductions and sessions on AWS Cost Explorer, AWS Budgets, AWS Reservations, and AWS Cost & Usage Reports. It provides overviews of AWS cost management products and highlights recent features including budget redesigns, forecasting enhancements, and reserved instance management updates.

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AWS Cost Management Workshop Erin Carlson | Product Marketing Manager Eugene Khvostov | Senior Product Manager, Technical Kuljot Anand | Senior Product Manager, Technical
Agenda • 9:30-10:00: Check-in • 10:00 -10:15: Introduction to AWS Cost Management • 10:15 -11:00: AWS Budgets Workshop • 11:00 -11:45: AWS Cost Explorer Workshop • 11:45 -12:00: Next Steps + Q&A • 12:00 -1:00: Lunch • 1:00 -1:45: AWS Reservations • 1:45 – 2:15: Next Steps + Q&A
AWS Cost Management Product Suite x =x Expansive Selection AWS provides 125+ services to address your business needs On-Demand Access Resources can be spun up by anyone in your organization at any time Usage-Based Billing Usage is metered in granular units (e.g., time or bytes), and you only pay for what you use Significant increase in the amount of cost and usage data spread across many products
AWS Cost Management Product Suite with Access OptimizeUnderstandOrganize Control AWS Cost & Usage Reports AWS Recommendations AWS Cost Explorer AWS Cost Categorization AWS Budgets
AWS Cost Management Product Suite Access OptimizeUnderstandOrganize Control Data Visualization Trend Analysis Cost Drivers Usage Patterns Cost Categorization Tagging Cost Allocation Cost Budgeting Usage Budgeting AWS Credit Sharing Cost Reporting Usage Reporting Data Analysis Cost Visibility RI Allocation RI Discount Sharing Reserved Instances Utilization Alerting Coverage AlertingEmail Alerting
2018 Highlights 10/24: AWS Budgets Redesign 11/15: AWS Cost Explorer Redesign 11/19: AWS Cost Explorer Forecasting Enhancements 5 Cost Management Products 20+ Significant Feature Releases 10 RI-Related Feature Releases 2 Comprehensive Product Redesigns 11/19: Cost & Usage Report Integration with Amazon Athena Highlights
2018 Highlights: Reserved Instance (RI) Management 1/23: Amortized Reservations Data 3/13: RI Coverage Reports for Amazon RDS, Redshift, ElastiCache 3/20: API Access to RI Purchase Recommendations 4/19: Amazon RDS RI Purchase Recommendations 6/27: RI Purchase Recommendations for Linked Accounts 7/11: RI Purchase Rec’s for Redshift, ElastiCache, Elasticsearch 5/8: RI Coverage Alerts via AWS Budgets 6/13: RI Savings Information in Cost Explorer 11/6: RI Purchase Rec’s for Individual Linked Accounts 11/8: RI Utilization & Coverage Alerts for Elasticsearch RIs
AWS Cost Management Product Suite AWS Cost Explorer AWS Budgets AWS Reservations
AWS Cost Management Product Suite Access OptimizeUnderstandOrganize Control Data Visualization Trend Analysis Cost Drivers Usage Patterns Cost Categorization Tagging Cost Allocation Cost Budgeting Usage Budgeting AWS Credit Sharing Cost Reporting Usage Reporting Data Analysis Cost Visibility RI Allocation RI Discount Sharing Reserved Instances Utilization Alerting Coverage AlertingEmail Alerting
AWS BudgetsAWS Cost Management AWS Budgets
Streamlined user experience Simplified workflows make it easier to create and manage budgets Cost Explorer integration AWS Budgets is now integrated with Cost Explorer, providing contextually- relevant data to help you set budgets appropriately Review budget performance View how your actuals have performed against your budgeted amounts historically AWS BudgetsAWS Cost Management
Embed AWS Budgets into your automation processes Use AWS Budgets’ integration with AWS CloudFormation to automatically create budgets when you provision resources via CloudFormation Simplify cost tracking across your accounts Automatically create budgets for each account you provision using CloudFormation Stacks and StackSets AWS BudgetsAWS Cost Management
AWS Budgets Demo • Create custom budgets based on your costs, usage, or reservations • Monitor your budget performance and history AWS BudgetsAWS Cost Management
AWS Cost Explorer AWS Cost ExplorerAWS BudgetsAWS Cost Management
Comprehensive dashboards Gain a summary view of key cost details, including month-to-date costs, month- end forecasted costs, and saved reports Automated trend analysis Identifies anomalous cost and usage events, across your account(s), based on historical patterns Optimized user experience Users of all levels of expertise in your organization can quickly onboard and feel confident using Cost Explorer to address their cost management needs AWS Cost ExplorerAWS BudgetsAWS Cost Management
Plan for future spending Increased forecasting accuracy due to new machine learning- and rules-based models, allowing you to plan ahead with more confidence Customize your forecasts Use Cost Explorer’s filtering capabilities to forecast costs along specific usage dimensions Programmatic access Forecasting functionality is also available via the Cost Explorer API AWS Cost ExplorerAWS BudgetsAWS Cost Management
AWS Cost Explorer Demo • Cost Explorer Monthly Trends • Cost Explorer Data Exploration • AWS Cost Explorer API Integration with Slack AWS Cost ExplorerAWS BudgetsAWS Cost Management
Any Questions? Check out the AWS Cost Management webpages! www.aws.amazon.com/aws-cost-management
Next Steps 1. Access and use the AWS Billing Dashboard 2. Create a custom report in AWS Cost Explorer 3. Set a total monthly cost budget using AWS Budgets 4. Access your RI Purchase Recommendations in AWS Cost Explorer 5. Consider enabling the AWS Cost & Usage Report
AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management AWS Reservations
AWS Reservations • AWS Reservations (often called Reserved Instances or RI) offer you a discounted hourly rate (sometimes up to 75%) compared to on- demand usage • Commit to a 1- or 3-year term of service usage for supported services (Amazon EC2, RDS, Redshift, ElastiCache, and Elasticsearch) • You can access your custom RI Purchase Recommendations in AWS Cost Explorer
Automated purchase recommendations Cost Explorer analyzes your historical usage patterns to identify savings opportunities specific to your business Customizable parameters Purchase RIs that fit your business requirements (e.g., only 1-year partial upfront convertible RIs) Supports multiple AWS services Support for reservations across Amazon EC2, RDS, Redshift, ElastiCache, and Elasticsearch AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management
Monitor your RI portfolio Report on your RI portfolio, including your utilization and coverage patterns, over time, in AWS Cost Explorer Track your RI-related savings Identify the amount you are saving, relative to on-demand prices, at a glance Set custom alerts Receive alerts via AWS Budgets when your RI utilization and coverage falls below the thresholds you define AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management
AWS Reservations Demo • Purchase Recommendations • Reservations Summary • Reservation Utilization & Coverage Reporting • Reservation-based Alerting AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management
Any Questions? Check out the AWS Cost Management webpages! www.aws.amazon.com/aws-cost-management
Next Steps 1.Access and use the AWS Billing Dashboard 2.Create a custom report in AWS Cost Explorer 3.Set a total monthly cost budget using AWS Budgets 4.Access your RI Purchase Recommendations in AWS Cost Explorer 5.Consider enabling the AWS Cost & Usage Report
AWS Cost & Usage Reports
Apache Parquet support Leverage columnar data store to reduce file size and cost while increasing query performance over traditional CSV Query Cost & Usage Report with Amazon Athena Integrated with Amazon Athena, making it easy to analyze cost and usage data directly from Amazon S3 using standard SQL Simplified delivery Month-to-date file overwrite reduces the number of files, making it easier to find relevant data AWS Cost & Usage ReportsAWS Cost ExplorerAWS Cost Management
AWS Cost & Usage ReportsAWS Cost ExplorerAWS Cost Management 1. Report is delivered to your Amazon S3 bucket 2. Ingest report into a database or tool of your choice 3. Build out custom queries, reports, and more! You will be asked to specify the specific S3 location during report configuration Your reports can be ingested directly into Amazon Redshift and/or Amazon QuickSight Your reports can be ingested directly into Amazon Redshift and/or Amazon QuickSight How does the Cost & Usage Report work?
AWS Cost Management | Problem Space Assets
AWS Cost Management | Use Case Assets Analyze Optimize Control
AWS Cost Management | Branding Assets
AWS Cost Management | Abstract Assets AWS Cost Explorer AWS Cost & Usage Reports AWS Budgets

More Related Content

Introduction to AWS Cost Management

  • 1. AWS Cost Management Workshop Erin Carlson | Product Marketing Manager Eugene Khvostov | Senior Product Manager, Technical Kuljot Anand | Senior Product Manager, Technical
  • 2. Agenda • 9:30-10:00: Check-in • 10:00 -10:15: Introduction to AWS Cost Management • 10:15 -11:00: AWS Budgets Workshop • 11:00 -11:45: AWS Cost Explorer Workshop • 11:45 -12:00: Next Steps + Q&A • 12:00 -1:00: Lunch • 1:00 -1:45: AWS Reservations • 1:45 – 2:15: Next Steps + Q&A
  • 3. AWS Cost Management Product Suite x =x Expansive Selection AWS provides 125+ services to address your business needs On-Demand Access Resources can be spun up by anyone in your organization at any time Usage-Based Billing Usage is metered in granular units (e.g., time or bytes), and you only pay for what you use Significant increase in the amount of cost and usage data spread across many products
  • 4. AWS Cost Management Product Suite with Access OptimizeUnderstandOrganize Control AWS Cost & Usage Reports AWS Recommendations AWS Cost Explorer AWS Cost Categorization AWS Budgets
  • 5. AWS Cost Management Product Suite Access OptimizeUnderstandOrganize Control Data Visualization Trend Analysis Cost Drivers Usage Patterns Cost Categorization Tagging Cost Allocation Cost Budgeting Usage Budgeting AWS Credit Sharing Cost Reporting Usage Reporting Data Analysis Cost Visibility RI Allocation RI Discount Sharing Reserved Instances Utilization Alerting Coverage AlertingEmail Alerting
  • 6. 2018 Highlights 10/24: AWS Budgets Redesign 11/15: AWS Cost Explorer Redesign 11/19: AWS Cost Explorer Forecasting Enhancements 5 Cost Management Products 20+ Significant Feature Releases 10 RI-Related Feature Releases 2 Comprehensive Product Redesigns 11/19: Cost & Usage Report Integration with Amazon Athena Highlights
  • 7. 2018 Highlights: Reserved Instance (RI) Management 1/23: Amortized Reservations Data 3/13: RI Coverage Reports for Amazon RDS, Redshift, ElastiCache 3/20: API Access to RI Purchase Recommendations 4/19: Amazon RDS RI Purchase Recommendations 6/27: RI Purchase Recommendations for Linked Accounts 7/11: RI Purchase Rec’s for Redshift, ElastiCache, Elasticsearch 5/8: RI Coverage Alerts via AWS Budgets 6/13: RI Savings Information in Cost Explorer 11/6: RI Purchase Rec’s for Individual Linked Accounts 11/8: RI Utilization & Coverage Alerts for Elasticsearch RIs
  • 8. AWS Cost Management Product Suite AWS Cost Explorer AWS Budgets AWS Reservations
  • 9. AWS Cost Management Product Suite Access OptimizeUnderstandOrganize Control Data Visualization Trend Analysis Cost Drivers Usage Patterns Cost Categorization Tagging Cost Allocation Cost Budgeting Usage Budgeting AWS Credit Sharing Cost Reporting Usage Reporting Data Analysis Cost Visibility RI Allocation RI Discount Sharing Reserved Instances Utilization Alerting Coverage AlertingEmail Alerting
  • 10. AWS BudgetsAWS Cost Management AWS Budgets
  • 11. Streamlined user experience Simplified workflows make it easier to create and manage budgets Cost Explorer integration AWS Budgets is now integrated with Cost Explorer, providing contextually- relevant data to help you set budgets appropriately Review budget performance View how your actuals have performed against your budgeted amounts historically AWS BudgetsAWS Cost Management
  • 12. Embed AWS Budgets into your automation processes Use AWS Budgets’ integration with AWS CloudFormation to automatically create budgets when you provision resources via CloudFormation Simplify cost tracking across your accounts Automatically create budgets for each account you provision using CloudFormation Stacks and StackSets AWS BudgetsAWS Cost Management
  • 13. AWS Budgets Demo • Create custom budgets based on your costs, usage, or reservations • Monitor your budget performance and history AWS BudgetsAWS Cost Management
  • 14. AWS Cost Explorer AWS Cost ExplorerAWS BudgetsAWS Cost Management
  • 15. Comprehensive dashboards Gain a summary view of key cost details, including month-to-date costs, month- end forecasted costs, and saved reports Automated trend analysis Identifies anomalous cost and usage events, across your account(s), based on historical patterns Optimized user experience Users of all levels of expertise in your organization can quickly onboard and feel confident using Cost Explorer to address their cost management needs AWS Cost ExplorerAWS BudgetsAWS Cost Management
  • 16. Plan for future spending Increased forecasting accuracy due to new machine learning- and rules-based models, allowing you to plan ahead with more confidence Customize your forecasts Use Cost Explorer’s filtering capabilities to forecast costs along specific usage dimensions Programmatic access Forecasting functionality is also available via the Cost Explorer API AWS Cost ExplorerAWS BudgetsAWS Cost Management
  • 17. AWS Cost Explorer Demo • Cost Explorer Monthly Trends • Cost Explorer Data Exploration • AWS Cost Explorer API Integration with Slack AWS Cost ExplorerAWS BudgetsAWS Cost Management
  • 18. Any Questions? Check out the AWS Cost Management webpages! www.aws.amazon.com/aws-cost-management
  • 19. Next Steps 1. Access and use the AWS Billing Dashboard 2. Create a custom report in AWS Cost Explorer 3. Set a total monthly cost budget using AWS Budgets 4. Access your RI Purchase Recommendations in AWS Cost Explorer 5. Consider enabling the AWS Cost & Usage Report
  • 20. AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management AWS Reservations
  • 21. AWS Reservations • AWS Reservations (often called Reserved Instances or RI) offer you a discounted hourly rate (sometimes up to 75%) compared to on- demand usage • Commit to a 1- or 3-year term of service usage for supported services (Amazon EC2, RDS, Redshift, ElastiCache, and Elasticsearch) • You can access your custom RI Purchase Recommendations in AWS Cost Explorer
  • 22. Automated purchase recommendations Cost Explorer analyzes your historical usage patterns to identify savings opportunities specific to your business Customizable parameters Purchase RIs that fit your business requirements (e.g., only 1-year partial upfront convertible RIs) Supports multiple AWS services Support for reservations across Amazon EC2, RDS, Redshift, ElastiCache, and Elasticsearch AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management
  • 23. Monitor your RI portfolio Report on your RI portfolio, including your utilization and coverage patterns, over time, in AWS Cost Explorer Track your RI-related savings Identify the amount you are saving, relative to on-demand prices, at a glance Set custom alerts Receive alerts via AWS Budgets when your RI utilization and coverage falls below the thresholds you define AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management
  • 24. AWS Reservations Demo • Purchase Recommendations • Reservations Summary • Reservation Utilization & Coverage Reporting • Reservation-based Alerting AWS ReservationsAWS Cost ExplorerAWS BudgetsAWS Cost Management
  • 25. Any Questions? Check out the AWS Cost Management webpages! www.aws.amazon.com/aws-cost-management
  • 26. Next Steps 1.Access and use the AWS Billing Dashboard 2.Create a custom report in AWS Cost Explorer 3.Set a total monthly cost budget using AWS Budgets 4.Access your RI Purchase Recommendations in AWS Cost Explorer 5.Consider enabling the AWS Cost & Usage Report
  • 27. AWS Cost & Usage Reports
  • 28. Apache Parquet support Leverage columnar data store to reduce file size and cost while increasing query performance over traditional CSV Query Cost & Usage Report with Amazon Athena Integrated with Amazon Athena, making it easy to analyze cost and usage data directly from Amazon S3 using standard SQL Simplified delivery Month-to-date file overwrite reduces the number of files, making it easier to find relevant data AWS Cost & Usage ReportsAWS Cost ExplorerAWS Cost Management
  • 29. AWS Cost & Usage ReportsAWS Cost ExplorerAWS Cost Management 1. Report is delivered to your Amazon S3 bucket 2. Ingest report into a database or tool of your choice 3. Build out custom queries, reports, and more! You will be asked to specify the specific S3 location during report configuration Your reports can be ingested directly into Amazon Redshift and/or Amazon QuickSight Your reports can be ingested directly into Amazon Redshift and/or Amazon QuickSight How does the Cost & Usage Report work?
  • 30. AWS Cost Management | Problem Space Assets
  • 31. AWS Cost Management | Use Case Assets Analyze Optimize Control
  • 32. AWS Cost Management | Branding Assets
  • 33. AWS Cost Management | Abstract Assets AWS Cost Explorer AWS Cost & Usage Reports AWS Budgets