We look at how AWS tools help you optimize costs

Cloud computing, without a doubt, has transformed the current business landscape. It is not simply about modernizing processes, it significantly improves efficiency and scalability in business and in this task, Amazon Web Services (AWS) has been very helpful with its tools.

AWS stands out as one of the most complete and important cloud services companies globally, offering solutions in the areas of storage, databases, analysis, networks, mobile devices, development tools, management tools, IoT, security and business applications.

The best thing about the AWS business model is that each and every one of the services and tools have an on-demand use system, available in seconds and paying only for the resource that is being used.

“New services can be provisioned quickly, without initial fixed costs. “This enables enterprises, startups, small and medium-sized businesses, and public sector customers to access the building blocks they need to quickly respond to changing business requirements”, reads the AWS documentation.

If you want to know more about how AWS would benefit you, you are in the right place, as in this article we will talk about the benefits of AWS cloud services, as well as how it can help you optimize the costs of your business.

AWS cloud services reduce costs because you only pay on demand

One of the powerful advantages of AWS services is that, as we mentioned above, your company only pays for the service used, there is no need to pay a fixed fee or additional amounts. This gives businesses the freedom to pay only for the demand they have, allowing them to better organize their budget and reduce fixed costs.

With constant innovation, AWS offers the latest technologies in all solution areas, allowing you to meet high performance demands and scale more economically.

AWS' wide range of pricing options gives you the flexibility to design a purchasing plan that fits your specific workload needs. Additionally, AWS provides a comprehensive set of management tools that allow you to monitor your application costs and identify opportunities for modernization and optimization.

In its documentation, AWS recommends paying attention to these three aspects to optimize AWS costs:

• Choose the right pricing models
• Match capacity to demand
• Implement processes to identify resource waste

How AWS tools help you optimize costs in your business

Amazon Web Services (AWS) offers several tools and services designed specifically to help businesses optimize their costs.

Here are some ways these tools can benefit your business:

AWS Cost Explorer

This tool provides a detailed view of your costs in AWS, allowing you to understand how you are using your resources and where you can optimize. You can view your costs by service, region, instance, tag, and more.

AWS Trusted Advisor

This tool provides personalized recommendations to optimize the performance, security, and costs of your AWS resources. It can identify underutilized EC2 instances, unused storage volumes, and more.

AWS Budgets

It allows you to set budget limits for your costs in AWS and receive alerts when you are approaching or exceeding those limits. This helps you maintain proactive control over your expenses and avoid bill surprises.

AWS Cost Explorer Rightsizing Recommendations

This feature analyzes the usage of your EC2 instances and provides you with recommendations on optimal instance sizes to maximize performance and minimize costs.

AWS Savings Plans

This is a flexible pricing model that allows you to save up to 72% on your compute costs compared to paying on demand. You can choose between a constant use commitment (Savings Plans) or a flexible use commitment (Compute Savings Plans).

AWS Spot Instances

These are EC2 instances available at significantly lower prices than on-demand instances, ideal for fault-tolerant and flexible workloads. You can take advantage of these instances to reduce your computing costs.

These are just a few of the tools and services AWS offers to help you optimize your cloud costs. By using these tools effectively, you can maximize the value of your AWS investment and reduce your operating expenses.

Do you need a team of expert AWS developers to improve your processes? At Rootstack, we have +14 years of experience supporting companies in their digital transformation. Contact us.

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