AWS Cost Management Overview

AWS Cost Management is the #7 ranked solution in our list of top Cloud Cost Management tools. It is most often compared to Nutanix Xi Beam: AWS Cost Management vs Nutanix Xi Beam

What is AWS Cost Management?

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.

AWS Cost Management is also known as Amazon Cost Management.

Buyer's Guide

Download the Cloud Cost Management Buyer's Guide including reviews and more. Updated: July 2021

AWS Cost Management Customers
Hess, Expedia, Kelloggs, Philips, HyperTrack
AWS Cost Management Video

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VG
Head of Strategy and Architecture at RedM Professional Services
Real User
It helps us to manage our costs, but in the future I would like to see more automization

What is our primary use case?

Our primary use case for AWS Cost Management is to manage costs. One of the financial institutes that we assisted once, incurred a 40-45 million dollar pay quarter on data center costs and moving into Azure. AWS Cost Management brought that down to $45 million for an entire year.

Pros and Cons

  • "The initial setup wasn't complex at all."
  • "This program is not very scalable."

What other advice do I have?

Cloud solutions exist because of costs and efficiency optimization. Those are the key parameters for going to the top, otherwise you just have it on-premises and carry on running it the way you are. Being able to do absolutely every part of the technology from your disaster recovery solution to your backup, to your cloud adoption, the cloud integration, your application integration is a service. So everything is done as a service. It's a more cost effective way of informing and telling the business how they manage their costs or their money. My advice to others looking into implementing this…
Clement Hussenot
Site Reliability Engineer at Manomano
Real User
Top 20
Good reporting helps us to budget properly, but it needs to be simpler for non-technical users

What is our primary use case?

We have all of our virtual machines on AWS, so we use the AWS Cost Management tool to track our spending. It helps us to understand our bill.

Pros and Cons

  • "All of the reporting features are very good, as they allow us to track monthly expenses and send relevant emails."
  • "We need finer-grained control over the roles and policies for users, specifying their permissions as to what they can look at."

What other advice do I have?

I would rate this solution a seven out of ten.
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AnoopSingh
DevOps Engineer at playgmaes 24x7 pvt ltd
Real User
Top 20
Good stability and scalability but needs better cost management

Pros and Cons

  • "The stability and scalability are good."
  • "The solution needs to have its own dashboard for seeing details on it. It should be customizable as well so I have the ability to pull up the information I need to see and have it in one place for my reference. I should just be able to click and see everything I need in one step."

What other advice do I have?

Users should go for this solution if they don't need to have multi-account architecture. That's basically the only advice I have. I'd rate the solution seven out of ten.
KR
Solutions Architect at a tech services company with 1,001-5,000 employees
Consultant
Well organized, stable, and easy to set up

Pros and Cons

  • "The initial setup was straightforward. It's not complex at all."
  • "The solution needs to improve the communication mechanism available to the stakeholders."

What other advice do I have?

We largely work with the cloud deployment model. I'd recommend the solution and I'd encourage others to go for it. You don't need to do planning. They're very helpful. I'd rate the solution nine out of ten.
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Cloud Cost Management
Buyer's Guide
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