AWS Cloud Financial Management
Tag: AWS Config
Introducing Budget Controls for AWS: Automatically Manage Your Cloud Costs
If you are new to AWS, you may be wondering how you can learn and experiment with cloud services while keeping your spend under your control. Budget Controls for AWS is an open-source solution designed to solve this problem. This solution was designed for customers new to AWS with no prior experience. It automatically watches your spending and takes actions you define when costs reach certain thresholds. Think of it as a safety net that can send you alerts, temporarily stop resources, or even delete them to prevent runaway costs.
How Medibank achieved cost visibility and control on AWS
As Medibank continued to migrate its workloads to AWS and onboard new applications in the cloud, it became increasingly important to establish both visibility and accountability of AWS cost and usage to each business unit and project, which would also help reduce the risk of costs exceeding the allocated budget. Teams also found it hard to optimize their usage due to lack of clear metrics and feedback loops.