61. How do I control AWS costs?

Let's face it: when it comes to AWS, cost is one of the scariest topics! Why? Mostly because the underlying model can get very complex. There are too many variables and ultimately it's just hard to predict how much is a given workload going to cost you on AWS. Are going to be bankrupted by this unpredictable cost? Probably not! In this episode, we share some suggestions and tools on how to approach cost when going to AWS. It's not a simple topic, but it's something you need to embrace, learn and get confident with. With a bit of effort, cost will not be so scary anymore and you'll be able to take advantage of all the awesome services and features of AWS without being so worried about cost! 💰 SPONSORS 💰 AWS Bites is sponsored by fourTheorem (https://fourtheorem.com/). fourTheorem is an AWS Consulting Partner offering training, cloud migration, and modern application architecture. 🔖 Chapters: 00:00 Intro 01:10 Why is cost so scary on AWS? 04:30 Data transfer costs and capacity units 07:43 Recommendations for beginners and how to get FREE CREDITS 11:12 Credits for more established companies 16:12 Other cost-related tools (Cost explorer, Forecasting, Cost and usage reports) 19:39 Managing cost by department / service 20:40 Reacting to cost alarms & cost observability 23:40 How to fine-tune your deployments to reduce cost 28:08 Closing pieces of advice In this episode, we mentioned the following resources: - Amazon FREE Tier: https://aws.amazon.com/free/free-tier-faqs/ - AWS Activate Program: https://aws.amazon.com/activate/ - fourTheorem on MAP (Migration Acceleration Program): https://fourtheorem.com/solutions/migration-acceleration/ - What are the benefits of tags (past episode): https://awsbites.com/32-what-are-the-benefits-of-tags/ - AWS Horror stories (past episode): https://awsbites.com/8-what-are-your-aws-horror-stories/ - AWS Well Architected Framework cost optimisation pillar https://docs.aws.amazon.com/wellarchitected/latest/cost-optimization-pillar/welcome.htm - Hands-on labs on cost calculation: https://www.wellarchitectedlabs.com/cost/ - AWS Pricing calculator: https://calculator.aws You can listen to AWS Bites wherever you get your podcasts: - Apple Podcasts: https://podcasts.apple.com/us/podcast/aws-bites/id1585489017 - Spotify: https://open.spotify.com/show/3Lh7PzqBFV6yt5WsTAmO5q - Google: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy82YTMzMTJhMC9wb2RjYXN0L3Jzcw== - Breaker: https://www.breaker.audio/aws-bites - RSS: ​​https://anchor.fm/s/6a3312a0/podcast/rss Do you have any AWS questions you would like us to address? Leave a comment here or connect with us on Twitter: - https://twitter.com/eoins - https://twitter.com/loige #AWS #cost #expense