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AWS Cost Explorer: Your Secret Weapon in Cloud Cost Management

 


AWS Cost Explorer is a tool that helps you visualize, understand, and manage your AWS costs and usage over time. It provides an easy-to-use interface for creating custom reports that analyze your cost and usage data at different levels, from a high-level overview of your total fees and usage across all accounts to a deep dive into specific resources and services.

Example: AWS Cost Explorer:

This AWS Cost Explorer dashboard example displays monthly costs for Amazon EC2 instances over 6 months. The bar for each month separates the costs for different Amazon EC2 instance types, such as t2.micro or m3.large.

By analyzing your AWS costs over time, you can make informed decisions about future costs and how to plan your budgets.


Key Features:

  • Interactive Interface
  • Customizable Reports
  • Historical Analysis
  • Forecasting
  • Filtering and Grouping
  • Optimization Recommendations
Use Cases:
  • Cost Monitoring
  • Budget Planning
  • Cost Allocation
  • Spending Optimization
Best Practices:
  • Regular Review
  • Utilize Tags
  • Act on Recommendations
  • Set Up Alerts
Is AWS Cost Explorer free?
AWS Cost Explorer is free, but some charges are associated with hourly granularity and cost allocation tags. For more information, please see the AWS Cost Explorer pricing page.

AWS Cost Explorer is a powerful tool in the AWS suite, offering detailed insights into your cloud spending. By leveraging its features, AWS customers can keep their cloud costs under control and uncover opportunities for significant savings and efficiency improvements.

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