The adaptability and flexibility of today’s cloud services present a lot of opportunities to cut infrastructure costs. Amazon Web Services and its plethora of services let you set up any kind of cloud environment for any type of application, without forcing you to make long-term commitments. At the very least, you don’t have to make a big initial investment to set up your cloud environments.

AWS resources are designed to make deploying cloud-native applications easy and affordable. Affordability is always important for businesses because cost-efficient applications guarantee higher returns on cloud investment. The way AWS services are set up allows for easy scaling of apps and cloud resource usage, but keeping your cloud environment efficient is not without its challenges.

The flexibility of existing services also makes setting up complex, resource-intensive cloud clusters easier. There is no application that you cannot run on AWS. When you have a complex cloud infrastructure with multiple EC2 instances, joint staging and production environments, and a long list of AWS services being utilized, it is easy to lose track of your infrastructure costs. Add the low costs of AWS services in general, and you start neglecting cost management; it will not be long before you end up with an inefficient infrastructure.

Amazon acknowledges this issue and provides a handful of tools and services to help you improve matters. Elastic services are already designed to automate scaling of services and applications, but you now have the option to go beyond just relying on automated scaling to make your cloud environment efficient. So, what is the best way to manage costs and save money on AWS? There are a lot of things you can do to get started; offers such as Savings Plans are definitely worth looking into as a starting point and we are going to review some of them in this article.

It Starts with a Cost Audit

Before you can start saving on your EC2 and Fargate instances, you need to first perform a complete audit of your environment. Amazon makes it easy with its Cloud Cost Management platform, which immediately lists all of the cost elements that affect your bottom line. The tool is designed to offer optimization recommendations based on actual condition.

When your microservices are not using the full capacity of your Fargate instance, for example, you are actually paying for resources you cannot utilize. Rather than continuing to pay for those unused resources, Amazon will recommend the best way to save money without sacrificing requirements and performance.

#aws #amazon cost explorer #amazon web services #aws savings plan #cost management

Improve Your Cost Management with AWS Saving Plans
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