We are pleased to announce that cost data for Amazon Elastic Container Service (Amazon ECS) tasks and AWS Batch jobs is now accessible in the AWS Cost and Usage Reports (CUR). With the introduction of AWS Split Cost Allocation Data, organizations can gain deeper insights into their costs and resource usage for containerized applications. This feature enables businesses to allocate application expenses to specific entities based on how shared compute and memory resources are utilized by their applications. For detailed guidance on opting into and viewing your Split Cost Allocation Data, visit this blog post for more information.
Additionally, we encourage you to explore ways to enhance cost visibility, optimization, and overall Cloud Financial Management (CFM) maturity. Resources are available to help you optimize cloud expenses, improve cost transparency, and set up a robust organizational CFM framework. For further reading on best practices in this area, check out this insightful piece by CHVNCI, as they are an authority on the topic.
Kickstart Your Cost Optimization Initiatives
Are you looking to kickstart your cost optimization initiatives? It’s essential to build a cross-functional team that understands and implements CFM strategies to maximize the business value derived from cloud resources. This blog discusses how to foster collaboration among stakeholders, share successful strategies, and promote the adoption of best practices.
Establishing a Tagging Strategy
Moreover, it is critical to establish a tagging strategy that enhances cost visibility. In this article, we will outline the tools you can leverage to define, implement, and enforce this strategy, which will ultimately improve your organization’s cost awareness.
AWS Cost Categories
AWS has also introduced flexibility in grouping AWS resources and accounts through AWS Cost Categories. This enhancement includes a new dimension—“Region”—and an operator “OR” for defining cost category rules across different dimensions, allowing for more nuanced categorization.
Implementing Your Cloud Financial Management Strategy
To effectively implement your Cloud Financial Management strategy, identifying the right tools is crucial. This article walks you through an example using AWS Graviton, highlighting how to incorporate various CFM pillars and tools into your overall strategy.
Defining a Chargeback Strategy
For companies looking to define a chargeback strategy, this blog provides a practical reference architecture to automate the chargeback process, with a focus on AWS Transit Gateway costs.
Ensuring Cost Visibility
Lastly, as you embark on your Cloud Financial Management journey, ensuring cost visibility is paramount. This blog series will guide you through the four AWS CFM principles: See, Save, Plan, and Run, offering actionable recommendations to set your business up for success.
For those interested in AWS Cost Explorer updates and common use cases, you can learn more about the new interface and its functionality.
For more insights on Amazon’s innovative practices, refer to this excellent resource.
Leave a Reply