AWS Cost Optimization
AWS enables you to take control of cost and continuously optimize your spend, while building modern, scalable applications to meet your needs. AWS's breadth of services and pricing options offer the flexibility to effectively manage your costs and still keep the performance and capacity you require. AWS is dedicated to helping customers achieve highest saving potential. During this period of crisis, we will work with you to develop a plan that meets your financial needs. Get started with the steps below that will have an immediate impact on your bill today.
Choose the right pricing models
Use Reserved Instances (RI) to reduce Amazon RDS, Amazon Redshift, Amazon ElastiCache, and Amazon OpenSearch Service costs
For certain services like Amazon EC2 and Amazon RDS, you can
invest in reserved capacity.
With Reserved
Instances
Amazon EC2 Cost Savings
Use Amazon Spot Instances to reduce EC2 costs or use Compute Savings Plans to reduce EC2, Fargate and Lambda cost.
Match Capacity with Demand
Identify Amazon EC2 instances with low-utilization and reduce cost by stopping or rightsizing
Use AWS Cost Explorer Resource Optimization to get a report of EC2
instances that are either idle or have low utilization. You can
reduce costs by either stopping or downsizing these instances.
Use AWS
Instance Scheduler
Identify Amazon RDS, Amazon Redshift instances with low utilization and reduce cost by stopping (RDS) and pausing (Redshift)
Use the Trusted Advisor
Amazon RDS
Idle DB instances check
Analyze Amazon DynamoDB usage and reduce cost by leveraging Autoscaling or On-demand
Analyze your DynamoDB usage by monitoring 2 metrics, ConsumedReadCapacityUnits and ConsumedWriteCapacityUnits, in CloudWatch. To automatically scale (in and out) your DynamoDB table, use the AutoScaling feature. Using the steps here, you can enable AutoScaling on your existing tables. Alternately, you can also use the on-demand option. This option allows you to pay-per-request for read and write requests so that you only pay for what you use, making it easy to balance costs and performance.
Implement processes to identify resource waste
Identify Amazon EBS volumes with low-utilization and reduce cost by snapshotting then deleting them
EBS volumes that have very low activity (less than 1 IOPS per
day) over a period of 7 days indicate that they are probably not
in use. Identify these volumes using the Trusted Advisor
Underutilized
Amazon EBS
Volumes Check
Analyze Amazon S3 usage and reduce cost by leveraging lower cost storage tiers
Use S3
Analytics to analyze storage access patterns on the
object data set for 30 days or longer. It makes recommendations
on where you can
leverage S3
Infrequently Accessed
Review networking and reduce costs by deleting idle load balancers
Use the Trusted Advisor
Idle Load
Balancers check