Cost optimization tools
AWS provides several cost optimization tools that can help you manage and optimize your AWS spending. The following sections show some key cost optimization tools offered by AWS.
AWS Cost Explorer
AWS Cost Explorer is a built-in cost management tool that provides visibility into your AWS costs and usage. It allows you to analyze your costs, view historical spending patterns, and forecast future costs. You can drill down into specific cost categories, services, or regions to identify areas where cost optimizations can be made.
Cost Explorer allows you to look at different service spends for each month, as shown in the following screenshot. This gives you a good understanding of rising costs that might require optimization reviews:
Figure 16.14 – AWS Cost Explorer
AWS Budgets
AWS Budgets enables you to set cost and usage budgets for your AWS resources. You can define spending thresholds and receive alerts when your...
