How Do You Reduce the Costs of AWS?
There are several ways to cut AWS costs, including:
1. Reduce AWS Costs with EC2 Instances
2. Optimize AWS Costs by Scheduling
When are you most productive? Schedule off-times for nonproductive tasks, such as testing and developing. This is essential since a development team may not work eight continuous hours a day, five days a week.
Utilization reports help identify the most productive times. Schedule these as “on time.” The strategy is to be productive, so you can account for every cost in dollars.
3. Eliminate Unused Assets
4. Use AWS Savings Plans
AWS has compute pricing plans that come at a huge discount. AWS has two kinds of saving plans. A compute savings plan helps users optimize EC2 costs. The second plan, a machine learning savings plan, helps you pay less as long as you commit. To start, sign up for the savings plan and customize resources based on your needs. You can then make a one- or three-year commitment of paying per hour. Once you agree, AWS will apply a discount on all purchased savings plans.
When you combine these tips with the right tools and the right pricing models, you can easily optimize AWS costs.
nOps has a superb version of AWS CloudTrail. CloudTrail has several functionalities to help you optimize AWS costs, from tracking usage patterns to giving cost-reducing insights. However, CloudTrail gives lots of data, leading to information overload. Too much data may hinder implementation. That’s where the nOps CloudTrail dashboard comes in. It has a good user interface, and all features help users optimize costs in short, easy steps.
The nOps CloudTrail dashboard dives deep to extract useful information that can help users make decisions. It’s difficult to extract such insights from AWS CloudWatch alone. The dashboard helps users filter data by region, type of operation, and date. As a result, you can identify the highest and lowest billed months.
You can learn more about the AWS CloudTrail dashboard here.