AWS is a wonderful resource that a business can deploy quickly for computation, storage and data transfer. How can you manage your cloud service bill? A business can find savings if they look into the right factors ballooning the AWS bills. In this article we will look at 5 areas users can implement cost implement
- Right size EC2 instances
Prioritizing on speed and performance leads to Rightsizing – When organizations first join AWS cloud, they ignore rightsizing a method of AWS cost optimization. It is essential to choose the right instance type. If you have no clue about the resources you need and the workload you have, begin with a free tier t2 then you can upgrade later to a suitable instance. If the IT department learns to right size, they can the business close to 70% on their monthly bill.
- Buy reserved instances
Purchasing reserved instances is one of the fastest ways users can take advantage of shrinking their AWS monthly bills. When you buy the reserved instances, managing the total cost of your AWS environment becomes easy. If you are planning to have 24/7, usage of RDS or EC2 instances of the same instance type within the same region or zone, buying a 1-year instance can save your business up to 40% compared to choosing an on-demand product. You pay the cost of per usage upfront then AWS offers a discount on the bill. If you do not intend to migrate to a different public cloud buying reserved instances help cut cloud costs.
- Delete obsolete snapshot
Data grows rapidly if you have a daily or weekly EBS backup strategy in place. The business can keep only the necessary backups to help reduce the AWS monthly bill. Set a retention period of 30 days for snapshots. Automate custom scripts to delete obsolete backups in your account after the retention period.
- Amazon Data Life Cycle Manager provides a simple method for backing up Amazon EBS volumes automatically. Based on tags a user can define both retention schedule and backup for the snapshots. Set policies using the AWS console or can an API using CLI (command line) interface. The feature relieves the user from relying on scripts to perform and manage backups.
- Identify resource waste
There are various ways to achieve AWS cost optimization. One technique you can implement is parking services to turn off prep production and non-production resources for a couple of days. You can enjoy significant savings by switching off out of office hours, holidays, or weekends.
- Kill AWS zombie assets
While AWS says you are not billed on instances, Don’t let AWS zombie apocalypse AWS zombie assets are resources hidden resources keeping your cloud costs high example unattached EBS volumes, obsolete S3 snapshots, unused Elastic load balancers and unattached Elastic IP addresses. The zombie assets can make an AWS client pay more than 40% of what you have to pay.
