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 helps with AWS Cost Optimization
If you’re looking to improve cost efficiency, visibility and reporting for AWS, nOps can help.
nOps is an end-to-end AWS Cost Optimization Platform that simplifies and automates the management of your cloud resources, commitments, and costs.
nOps integrates with all of your AWS, multicloud, Kubernetes, GenAI, and SaaS costs, making it easy to start automatically improving your visibility and efficiency.
We manage $2 billion in AWS spend and were recently ranked #1 in G2’s Cloud Cost Management category — book a demo to connect your AWS account and see how much you can save.