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How to Set Up AWS Billing Alerts to Manage Your Cloud Spending

  • Managing cloud costs is essential for operating in the AWS environment. Configuring AWS Billing Alerts is necessary to keep cloud spend in control.
  • The AWS Billing Console simplifies the financial management of AWS resources and provides a comprehensive view of your AWS cost and usage.
  • Key features for managing cloud spend include using cost management tools, utilizing cloud monitoring, and employing cost allocation.
  • AWS Budgets allows you to set custom cost and usage budgets that inform you when cost or usage exceeds your budgeted amount.
  • Integrating New Relic with AWS provides enhanced AWS billing insights and allows you to set up New Relic alerts to monitor cloud spend.
  • Cloud spend optimization can be achieved with strategies like AWS cost allocation, tagging, and commitment management.
  • To monitor and manage AWS CloudTrail costs, integrating AWS Budgets with CloudTrail is essential for precise tracking of expenses.
  • Setting up AWS Budgets can be done by defining the budget scope, determining the amount, and setting up notifications for budget thresholds.
  • Using cost allocation and tagging helps with tracking spending across departments or projects, managing infrastructure, and identifying underutilized resources.
  • Commitment management is a strategic approach to reduce cloud costs by committing to certain usage levels in exchange for discounted rates.

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