AWS Cost Management [EOL] Reviews

Name: AWS Cost Management [EOL]
Brand: Amazon Web Services (AWS)
Rating: 4 (10 reviews)

4.1 out of 5

10 reviews
83% willing to recommend

What is AWS Cost Management [EOL]?UNIXBusinessApplication
Price:

AWS Cost Management tools give you visibility into your AWS costs and usage. There are a range of AWS Cost Management tools to help you access, organize, understand, control, and optimize your costs.

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Buyer's Guide

AWS Cost Management [EOL]

April 2024

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Helped 767,319 peers since 2012

Featured reviews

SaniyaJeswani

Finance consultant at Accenture

Jun 21, 2022

Currently, I am a Finance Consultant. My organization uses Cost Explorer and Compute Optimizer from AWS Cost Management. Our primary use case for the solution includes a review of monthly bills to ensure they are compliant with the budget that has been set. We also look for opportunities to…

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Youssef Lakhlaifi

System Engineer at a comms service provider with 10,001+ employees

Oct 18, 2023

We use AWS Cost Management to monitor traffic and resource usage in our environment. It helps prevent the cost by identifying activities we don’t require The product provides the ability to set cost limits and budgets for a set of resources on the network. It helps us track our expenses and…

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RANJAN KUMAR

DevOps Engineer at ZoomOps Technology

Feb 23, 2024

We regularly check the status of services to identify any unnecessary or unexpected costs. We utilize the billing dashboard in AWS to monitor daily costs and assess any significant increases. For instance, if our daily AWS expenses usually amount to $1,000 for running a hundred instances, and suddenly it spikes to $1,500, we investigate the reasons behind the increase. We scrutinize detailed reports, identify the areas and services contributing to the rise, and inform our manager. The dashboard overview in AWS Cost Explorer provides a high-level summary of our expenses, covering databases. This includes total costs, daily costs, and a breakdown by services. AWS Cost Explorer offers visualization tools like line charts, bar charts, and pie charts. These visualizations assist us in quickly understanding expenditures, enabling us to pinpoint areas that might need attention. The tool allows the creation of custom reports by selecting and configuring filtering and grouping options. Custom reports include a data range selector, making it easy to analyze expenses for specific periods such as daily, monthly, or custom durations. The budget feature is client-dependent. Before creating any services, we engage with our client to understand their requirements, such as the number of instances, CPU, and memory needed. Subsequently, we create a budgeting tool in servers based on these specifications. Our team configures custom notifications to alert us when actual costs or usage exceed predefined thresholds. These alerts can be sent via email or integrated with Simple Notification Service. I rate the overall product a ten out of ten.

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AWS Cost Management [EOL] market share

As of March 2024, the market share of AWS Cost Management [EOL] in the Cloud Cost Management category stands at 7.3%, marking a decrease of 17.5% compared to the previous year, according to calculations based on PeerSpot user engagement data.

Cloud Cost Management

Key learnings from peers

Last updated Feb 24, 2024

Valuable Features

"The tool's cost management feature provides a comprehensive view of AWS costs, allowing us to plan and make cost-effective decisions. With AWS Cost Explorer, we can perform cost planning, generate recommendations, and provide clients with suggestions for resizing. This feature includes data filtering and protection, offering users insights into spending patterns through AWS spending patterns and planning tools. The product is easy to learn."
"I like the recommendation we get from AWS Cost Management to use a particular image or VM type."
"The product provides the ability to set cost limits and budgets for a set of resources on the network."

Room for Improvement

"Data transfer between S3 buckets within AWS incurs costs, especially when moving data from one bucket to another or downloading data."
"AWS Cost Management has fewer features compared to Azure Cost Management."
"There could be an option to build custom dashboards for the platform."