AWS Cost Optimization Best Practices & Strategies

Why AWS for Cost Optimization?

Amazon Web Services (AWS) is the biggest provider and a formidable cloud-computing resource. While its sheer size and computing resources are most useful in class and the support is spot on, the pricing is one of the major user learning reasons for AWS’ big achievement. AWS has an amazing pricing policy that all users find remarkable. It publishes documents on how to optimize server costs and utilize the resources efficiently to make the most of what you use and pay for. When it comes to AWS cloud, the conception attached to its pricing is simple. At the end of every month, you pay only for what you use. You can rise or stop using a product at any point in time.
Let’s take a look at the AWS cost optimization ways on Amazon Web Services.

You Need to Right size Instances

Right-sizing is an efficient way to control cloud costs. It includes analyzing instance performance and user needs and directors and then turning off idle instances and right-sizing instances.

Right Size Using Performance Data

Identify instances with a maximum CPU usage and memory usage of less than 40% over four weeks. These are the instances that you will need to right-size to decrease costs.

Right Size Your Database Instances

Storage and instance type are decoupled. When you scale your database instance up or down, your storage size remains the same and is not affected by the change. You can separately modify your Amazon RDS DB instance to increase the allocated storage space or improve the performance by changing the storage type.

Right Size by Selecting the Right Instance Family

You can right size an instance by migrating to a different model within the same instance family or by migrating to another instance family.

Right Size by Turning Off Idle Instances

The easiest way to reduce operational costs is to turn off instances that are no longer being used. If you find instances that have been idle for more than two weeks, it’s safe to stop or even terminate them.

Tools for Right Sizing

  • Cost Explorer – AWS Cost Explorer is a tool that helps visualize costs and usage data in an intuitive and interactive interface.
  • AWS Instance Scheduler – It reduces the cost by holding resources that are not in use and starting resources.
  • Amazon Cloud Watch – It helps to set the alarms from specified recourses
  • Cost and Usage Report – AWS Cost Usage and Report tool present an hourly, daily, or monthly comprehensive report of your AWS cost, usage, services pricing, and other data.
  • AWS CloudTrail – CloudTrail allows you to monitor, manage and log reports from your Amazon Web Service on the go. This tool keeps you alerted when there is an unusual surge in activities that may increase costs and lets you act accordingly

Always Delete Zombie Resources

One of the biggest drains on your AWS bill is continuing to run unused resources that are billed continuously, not per usage.

Eliminate Zombie Assets

Zombie resources are foundation parts that are running in your cloud climate however not being utilized for any reason. Zombie resources come in many structures. For instance, they could be EC2 once utilized for a specific reason yet are as of now not being used and have not been wound down. Zombie EC2 cases additionally can happen when examples come up short during the dispatch interaction or in light of blunders in script that neglect to deprovision occurrences.

 

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