Basics of AWS Cloud Cost Optimization
💰 Cost optimization is an essential 💓 process for the health of every organization. 💰
✍ It reduces ✂ your overall cloud ☁ spending by identifying mismanaged resources, stopping waste, prearranging capacity for higher discounts, and scaling computing benefits.
🚀 Seven things you can do to decrease the AWS costs 🚀
① Select suitable sizing computing servers and the right pricing plans.
② Discover inactive and unattached resources and take immediate measures to terminate them.
③ Investigate Amazon DynamoDB 🛢 usage and utilize Auto Scaling and On-demand components for DynamoDB 🛢 tables. It assists in decreasing the cost.
④ Invest planned computation in EC2 Reserved Instances (RIs) 📠
⑤ Take Advantage of Amazon EC2 Spot Instances to reduce EC2 costs
⑥ Review the networking 🗼 usage and reduce costs by deleting idle load balancers or unused network-related resources.
⑦ Explore the Amazon S3 📂 detailed usage and reduce cost by utilizing the lower-cost storage tiers.
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