Manage AWS Budgets and Costs
AWS Security and Cost Management Concepts
Dev Bhosale
Principal Data & Cloud Architect
How to manage AWS costs
Analyze costs
Set budgets
Respond with actions
Cost explorer
Budgets in action
Respond with actions
AWS Budgets has built-in email notifications
Integrates with SNS for API notifications
AWS Lambda reacts to SNS budget alerts
Using Lambda, you can prevent creation of new resources when a budget threshold is reached
Guidelines for budgets
Budgets doesn't guarantee financial control
Budgets must be based on accurate, specific business needs
Effective budgets consider all costs, are goal-oriented
Billing Conductor
Organize cloud costs by project
Track spending for different teams or users
Create custom billing reports
Improve budgeting and cost visibility
Reserved instance flexibility
Save money with Reserved Instances
Flexibly adjust instance size
Discounts apply within instance family
Purchased capacity is calculated using normalization table
Let's practice!
AWS Security and Cost Management Concepts
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