AWS Cost Optimization Checklist
in DevOps , Cloud Computing
Are you sure you’re following all of the practices and strategies to optimize your expenses? AWS has many flexible methods of keeping your expenditure to a minimum but the myriad of services and strategies could overwhelm you. Check out the list of essential strategies below to see if you’ve got all your bases covered.
- Purchase instances that suit your organizational needs.
- Buy reserved instances with appropriate duration. Don’t reserve instances long-term if you won’t need them.
- Analyze the pricing history of the Spot market at least a week before purchase to know which instances are worth purchasing.
- Purchase Spot Instances for resources that aren’t set up for production.
- Deploy some Spot instance tools so you don’t have to worry about your instances being interrupted.
- Monitor your instances monthly. Purchase the latest instances.
- Schedule your instances. Keep them running only on business hours.
- Make use of AWS instance scheduler or third-party automatic scheduling tools to take the task off your hands.
- Try to be even more thorough with the scheduling times. If you don’t need instances to be running during certain working hours(like lunchtime), then turn it off.
- Schedule your resources based on their activity. Don’t need to keep them running if they are idle.
- Shut down resources other than instances like unused DB volumes or elastic IPs based on time or activity.
- Optimizing your storage directly results in the optimization of your costs.
- Store your running resources on S3 and move them between tiers according to their activity.
- Set up a lifecycle policy
- Use S3 Intelligent-tiering for moving between frequent and infrequent access tiers automatically.
- Archive your less active resources on Glacier.
- Archive data backups long-term on Glacier Deep Archive.
- Backup large volumes of data on Elastic Block Storage. Store your EC2 instances or clusters on here.
- Applications with high workloads can be run on Amazon EFS as it provides auto-scaling and quick outputs.
- Delete old snapshots and unallocated disk volumes
- Delete unnecessary objects and buckets
- Make use of AWS auto-scaling to allocate the sufficient capacity of storage to the workload
- Choose open-source operating systems
AWS Cost Management Tools
- Analyze your expenses with Cost and Usage report.
- Use Trusted Advisor to see your expense forecast.
- Figure out unused resources with Trusted Advisor
- Keep up with the trends in the market with AWS Cost Explorer
- Create budget plans for your resources
- Aggregate the expenses by services you run
- Arm the individual employees of your organization with cost optimization tools
Get similar stories in your inbox weekly, for free
Share this story:
TotalCloud is a platform that is evolving the way the cloud is managed, by componentizing it. Achieve any cloud management solution or use case - across cloud cost, security, operational efficiency & complex custom solutions, with no-code automation. Our intuitive workflow-based platform save 99% of your CloudOps time.
The all-in-one monitoring solution for IT admins, DevOps and SREs
Get deep visibility into the performance of your complex enterprise applications and cloud native workloads. Identify potential issues, improve productivity, and ensure that your business and end users are unaffected by downtime and substandard performance ...
How ManageEngine Applications Manager Can Help Overcome Challenges In Kubernetes Monitoring
We tested ManageEngine Applications Manager to monitor different Kubernetes clusters. This post shares our review …
IT Monitoring Powered by AIOps
Harness the power of artificial intelligence (AI) and machine learning (ML) to monitor your IT resources with Site24x7's artificial intelligence for IT operations (AIOps) and machine learning operations (MLOps). Improve mean time to repair (MTTR) issues with the help of Site24x7 AIOps ...
AIOps with Site24x7: Maximizing Efficiency at an Affordable Cost
In this post we'll dive deep into integrating AIOps in your business suing Site24x7 to …
A Review of Zoho ManageEngine
Zoho Corp., formerly known as AdventNet Inc., has established itself as a major player in …
Should I learn Java in 2023? A Practical Guide
Java is one of the most widely used programming languages in the world. It has …
The fastest way to ramp up on DevOps
You probably have been thinking of moving to DevOps or learning DevOps as a beginner. …
Why You Need a Blockchain Node Provider
In this article, we briefly cover the concept of blockchain nodes provider and explain why …
Top 5 Virtual desktop Provides in 2022
Here are the top 5 virtual desktop providers who offer a range of benefits such …