Summary
This chapter started off by discussing a few key cost-optimization principles that are essential for any and all organizations to follow in order to understand, manage, and forecast costs on the cloud. You then reviewed some tagging best practices and strategies, as well as diving into how you can enable and configure cost allocation tags using AWS Tag Editor. Finally, you learned how to further optimize costs by setting up simple alarms, alerts, notifications, and reports using various AWS services.
In Chapter 5, Determining Security Requirements and Controls, you will explore how to create opportunities to reduce the overall cloud expenditure strategically, as well as how to decommission resources that are not required anymore.
