AWS Cost Management: 6 Tools IT Can Use - InformationWeek

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10/31/2016
09:06 AM
Charles Babcock
Charles Babcock
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AWS Cost Management: 6 Tools IT Can Use

In the on-demand, pay-as-you-go cloud world dominated by Amazon Web Services, it's easy for costs to spiral out of control. To help, here are 6 tools to help manage and monitor your AWS spending.
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AWS Cost Explorer
In April 2014, AWS introduced a tool called Cost Explorer, which became a tab in the management console. It presents and analyzes historical information on a customer account in three views: monthly spend by AWS services, monthly spend by linked accounts, and total daily spend.
 Cost Explorer has gained a forecasting mechanism that projects your next three months of bills based on past use. But if Cost Explorer doesn't have enough information to be sure its forecast is within 80%-95% certainty on the bill, it won't make a forecast. 
RightScale's Cloud Analytics Service will do the same forecasting, with the benefit of letting you include private cloud costs, as well as that of the AWS public cloud. 
(Image: Ivan Bliznetsov/iStockphoto)

AWS Cost Explorer

In April 2014, AWS introduced a tool called Cost Explorer, which became a tab in the management console. It presents and analyzes historical information on a customer account in three views: monthly spend by AWS services, monthly spend by linked accounts, and total daily spend.

Cost Explorer has gained a forecasting mechanism that projects your next three months of bills based on past use. But if Cost Explorer doesn't have enough information to be sure its forecast is within 80%-95% certainty on the bill, it won't make a forecast.

RightScale's Cloud Analytics Service will do the same forecasting, with the benefit of letting you include private cloud costs, as well as that of the AWS public cloud.

(Image: Ivan Bliznetsov/iStockphoto)

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Charlie Babcock
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Charlie Babcock,
User Rank: Author
11/3/2016 | 5:06:05 PM
Field of vision: Make it four tags deep
AWS allows a cloud user to define his instance with tags and the Amazon User Guidance illustrates the function using two tags. Cloudability has posted a blog, first published in Agust 2015, urging cloud users to define each instance with four: an environment, role, owner/creator and name tags. That gives a bill analysis system more information that just which group, role or individuals within the company are running up the bill. AWS tagging informations says each customer asset in the cloud may use up to 50 tags, probably enough.b
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