AWS Cost Optimization Checklist

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.

Instances

  • 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.

Scheduling

  • 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(Learn more).
  • Shut down resources other than instances like unused DB volumes or elastic IPs based on time or activity.

Storage

  • 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

AWS Cost Optimization Checklist

Smart Scheduling at your fingertips

Go from simple to smart, real-time AWS resource scheduling to save cost and increase team productivity.

Learn More
More Posts

You Might Also Like

DevOps World
Effective Transition to Remote Working for DevOps
The COVID-19 pandemic has changed the work culture among DevOps, take advantage of these proven strategies to maintain productivity. Everything from cloud migration to automation tools and work culture is addressed to keep you going strong.
April 6, 2020
Hrishikesh
Product
Cloud Parking
Our automated Cloud Parking offers more scalability and flexibility than the standard AWS Instance Scheduler, guaranteeing you reasonable billing of your Cloud Architecture.
March 24, 2020
Sayonee
AWS Tips & Tricks
The Proven Practices for Successful AWS Cost Optimization
Running your AWS cloud architecture can be expensive, you need to adopt strategies that tried and tested to bring down your expenses. Here are the best AWS cost optimization strategies available currently.
March 4, 2020
Hrishikesh
AWS Tips & Tricks
How to Schedule RDS Instances with an AWS Lambda function?
Save your costs with scheduled operation of your database. Start and stop the RDS instances manually with python Lambda functions.
February 25, 2020
Hrishikesh
Product
Introducing the TotalCloud Smart Scheduler
Announcing the launch of the TotalCloud Resource Scheduler! Take complete advantage of AWS's 'pay for what you consume' model by putting a power control for every AWS resource that you use.
January 14, 2020
Sayonee
AWS Use Case Files
Increase EBS Volume Size In Aws
Learn how a simple workflow can auto-remediate and increase the EBS volume size when disk utilization goes beyond 90%
December 2, 2019
Sayonee