Analyze Cost and Usage, Save with AWS Cost Tool

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2 min read

Gain control over your expenses with AWS’s robust cost management tools. Use AWS tools and services to gain insights into usage patterns and identify areas for improvement.

  • Use AWS Cost Explorer to view, analyze, and forecast your spending and usage free of charge. Cost Explorer provides historical data, current month cost data, and forecasts for the next three months.

  • Create an AWS Cost and Usage Report to get detailed data about your AWS bill in Amazon S3 bucket.

  • Use AWS Budgets to plan your service usage, costs, and instance reservations. With AWS Budgets, you can set custom budgets that proactively alert you when your costs exceed your budgeted amount.

  • AWS Trusted Advisor can help you identify resources that you aren’t using to their full capacity. Then, you can decide to delete these underutilized resources to optimize your costs.

  • Use AWS Instance Scheduler to automatically stop instances which reduce the costs of EC2 and RDS instances used in non-production environments.

  • Use AWS Cost Anomaly Detection powered by advanced Machine Learning technologies to identify anomalous spend and root causes, so you can quickly take action.

  • Use AWS Compute Optimizer powered by machine learning to inspect the configuration and utilization of your compute resources (EC2 instances, Autoscaling Groups, EBS volumes, Lambda functions, and ECS services on Fargate). This ends up in recommendations for cost improvement.

  • Use AWS Billing Console to see a breakdown of all the services you’re using that allowing you to analyze and understand where your costs are coming from.