What is AWS cost optimization?

It's the process of analyzing your AWS cloud spending and making strategic adjustments to reduce costs without hurting performance. We look at your current infrastructure, identify where you're overspending, and implement changes like right-sizing instances, eliminating unused resources, and leveraging AWS discount programs.

Why do you need it?

Since you are probably overpaying for several reasons. Here's why you should optimize:

• Invisible waste - The majority of companies have idle resources that are 24/7, unattached storage volumes, and oversized instances. You are literally paying to things that you are not utilizing.
• Unclaimed savings –AWS has discount plans (Reserved Instances, Savings Plans) that are not used to the fullest by most businesses. That is instant savings you are losing.
• Budget predictability - Cloud costs are unpredictable and may explode without optimization, and thus difficult to plan financially.
• Competitive advantage- Reduced infrastructure costs translate to improved margins. Your competitors that have optimized are running leaner and can price more competitively.

Optimization saves the average company 30-40%. When you are paying $100K a year on AWS, that is 30-40K in your business.

Why Choose Costimizer for AWS Cost Optimization?

AI Cloud Forecasting

95% forecast accuracy means no more budget surprises. Plan with confidence instead of scrambling every month-end.

Automated Resource Management

Resources scale up when you need them, down when you don't. All of this is managed completely automatically.

Real-Time Expense Tracking

Which team is costing you $50K monthly? Which project is bleeding resources? You'll know in real-time, not after the damage is done.

Built for enterprise scale

10 instances or 10,000 same robust control. Multi-account visibility without the management nightmare.

Governance that doesn't slow you down

Keep auditors happy and developers productive. Automated approvals mean compliance without bottlenecks.

Cut your AWS costs 30%

No slowdowns. No compromises. Just intelligent optimization that finds waste you didn't know existed.

Difference Between Old Way & New Way

How Costimizer Helps in AWS Cost Optimization?

1.Intelligent Resource Utilization

• Observe right-sizing suggestions depending on the usage patterns, which ensure optimal types of instances.
• Automated Storage tiering can also be used to store data in cheaper S3 classes without compromising on performance.
• Recommendations of dynamic purchase, which is based on continuous use, optimization of reserved instances.

2. Predictive Cost Analytics

• The monthly forecasting predicts the costs with over 95% accuracy based on the historical trends.
• Our Agent notifies you about anomalies within 15 minutes when spending is deviated.
• Budget scenario modelling demonstrates the cost impact before making changes.

3. Automated Waste Removal

• Zombie resource hunting finds and removes idle instances, volumes, and snapshots.
• Dev/test resources are automatically shut down during off-hours by scheduling automation.
• Governance through policies will avoid excessive provisioning between teams.

4. Advanced Cost Intelligence

• Granular cost allocation that is automatically tagged and reports department chargebacks.
• Multi-dimensional analysis subdivides costs by service, region, team, and project.
• ROI tracking can be used to determine the contribution of each optimization.

5. Enterprise Integration Suite

• Natural AWS integration with secure APIs with Cost Explore, and CloudFormation.
• Multi-cloud visibility encompasses Azure and GCP expenditures in unified dashboards.
• ITSM and ServiceNow, Jira, and Slack automated notifications.

6. Active Surveillance and Notifications

• Live spend tracking and threshold, load, and anomaly alerts that are customizable.
• Executive dashboards give C-level insight into cloud financial performance.
• Weekly summaries and forecast updates are provided through automated reporting.

How to Choose AWS Pricing Models?

The pricing system of Amazon is pretty difficult to navigate, but it is created to maximize revenue and reduce transparency.

1. On-Demand pricing is the base but the most costly one. You are charged with the highest flexibility rates.
2. Reserved Instances provide 30-60% discounts with 1-3 year contracts, which are ideal in the face of predictable workloads.
3. Spot Instances offer fault-tolerant applications up to 90% discounts in the event of interruptions.

The trick is to align pricing models with workload characteristics. A Reserved Instance is needed in production databases. On-Demand resources are favorable to development environments. Spot pricing strategies are good with batch processing jobs. This is just the starting point, there is so much more that enterprises can't handle without expertise.

Common Problems Behind High AWS Bills

Enterprises know cloud waste is a big issue; it is their runway burning quicker than it should. The following are the typical, expensive errors that you are doing daily:

• You are most likely being billed for resources that you had forgotten about, such as old test servers (EC2) or unattached storage (EBS). It is a pure cash outflow that has no value.
• To be safe, your team might have selected a larger AWS instance than the one required. However, when it is just 10% busy, you are wasting cash on the 90% every hour.
• You are probably paying high S3 Standard charges to store data that you have not accessed in months.
• Companies don’t know which AWS region can save them money.
• The community is filled with many stories; everyone is getting bill spikes from 20k to 95k, out of a single simple mistake that they don’t even know about.

Do’s and Don’ts of AWS Spending

How Can You Connect Your AWS Account with Costimizer

It is a simple, secure, and fast integration process that is created to provide one with visibility and control within minutes to integrate your AWS environment.

Linking Costimizer and Your AWS Account is fairly easy, just follow these steps:

1. Sign in and connect your AWS account to our platform within 5 minutes.
2. The connection uses a least-privilege, read-only IAM role. This is the best practice officially suggested by AWS, as far as providing secure access to the billing and usage data is
3. Your security is our number 1 priority. We do not save your root credentials, and all the data is encrypted during transit (SGN 1.2/1.3) and at rest (AES-256).
4. As soon as you are connected. We will map out an entire image of your cloud environment to see where you can save instantly.

That's it, no agents, no code, no modifications to your architecture. In minutes, costimizer starts to optimize your cloud with highest efficiency.

Frequently Asked Questions (FAQs)