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    Well Architected Review - Cost Optimization

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    Sold by: Altimetrik 
    This service focuses on helping organizations control costs within their AWS environment by conducting a Well Architected Review (WAR) with a specific emphasis on cost optimization. It aims to identify areas for adopting best practices that will help clients build and operate cost-effective systems, achieving business outcomes while minimizing costs and eliminating suboptimal resources.

    Overview

    How It Works:

    • Step 1: Expenditure Awareness: Understand and attribute resource costs to individual organizations or product owners.

    • Step 2: Cost-Effective Resources: Analyze flexible pricing options to use services that best fit your needs.

    • Step 3: Matching Supply & Demand: Implement auto-scaling and elasticity, allowing for resource adjustments based on demand and specific time frames.

    • Step 4: Optimizing Over Time: Conduct regular reviews of existing architectures to ensure they remain optimal against new AWS products and services.

    Used AWS Tools and Services:

    1. AWS Well-Architected Tool

    2. Auto Scaling

    3. AWS Cost Explorer

    4. AWS CloudWatch

    Agenda Items:

    • Expenditure awareness and cost allocation strategies.

    • Review of AWS service selection for cost optimization.

    • Implementing auto-scaling and elasticity for dynamic resource management.

    • Ongoing monitoring and reviews for continual optimization.

    Benefits:

    1. Accurate Cost Attribution: Know which products are truly profitable and make informed decisions on budget allocation.

    2. Cost-Effective Workloads: Well Architected workloads ensure the use of the most cost-effective resources, driving significant economic impact by reducing resource usage.

    3. Optimal Matching: Adjust resources according to workload demands, saving costs through rightsizing and elasticity, especially in dynamic environments with fluctuating demand.

    4. Ongoing Optimization: Regular reviews to keep architectures up to date with new AWS services and products, ensuring sustained cost optimization.

    Highlights

    • Well Architected Review - Cost Optimization is designed to help clients understand the business impact of design decisions and identify areas to implement cost-saving best practices. The review focuses on cost optimization and delivers maximum ROI by ensuring efficient use of resources.

    Details

    Sold by
    Altimetrik 
    Categories
    Assessments 
    Cloud Financial Management 
    Cost Allocation and Accountability 
    Delivery method
    Deployed on AWS

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    Support

    Vendor support

    Well Architected Review - Cost Optimization service is customized based on the scope and complexity of each engagement. [Contact us](<https://aws.amazon.com/marketplace/management/products/prod-i42oq6jjoritu/overview/ awsmarketplacesales@altimetrik.com >) for a personalized quote that fits your specific needs.