
AWS Cost Explorer.
We share you 3 tips to reduce AWS costs, with this 3 strategies.
#1 Identify Amazon EC2 instances with low-utilization and reduce cost by stopping or rightsizing
Use AWS Cost Explorer Resource Optimization to get a report of EC2 instances that are either idle or have low utilization. You can reduce costs by either stopping or downsizing these instances. Use AWS Instance Scheduler to automatically stop instances. Use AWS Operations Conductor to automatically resize the EC2 instances (based on the recommendations report from Cost Explorer).
#2 Identify Amazon EBS volumes with low-utilization and reduce cost by snapshotting then deleting them
EBS volumes that have very low activity (less than 1 IOPS per day) over a period of 7 days indicate that they are probably not in use. Identify these volumes using the Trusted Advisor Underutilized Amazon EBS Volumes Check. To reduce costs, first snapshot the volume (in case you need it later), then delete these volumes. You can automate the creation of snapshots using the Amazon Data Lifecycle Manager. Follow the steps here to delete EBS volumes.

Reduce AWS costs by stopping or rightsizing
#3 Use Compute Savings Plans to reduce EC2, Fargate and Lambda costs
Compute Savings Plans automatically apply to EC2 instance usage regardless of instance family, size, AZ, region, OS or tenancy, and also apply to Fargate and Lambda usage. Use one year, no upfront Compute Savings Plans to get a discount of up to 54% compared to On-Demand pricing. Use the recommendations provided in AWS Cost Explorer, and ensure that you have chosen compute, one year, no upfront options. Once you sign up for Savings Plans, your compute usage is automatically charged at the discounted Savings Plans prices. Any usage beyond your commitment will be charged at regular On Demand rates. I recommend doing #1 before #3

AWS Fineops – AWS Saving Plan
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