Cost Optimization
Design Principle
Transparently attribute expecditure
Use managed service to reduce cost of ownership
Trade capital expense for operating expense
Benefit from economies of scale
Stop spending money on data center operations
Cost Optimization in the cloud consists of
Matched supply and demand
Cost-effective resources
Choose appropriate EC2 type, make use of AWS trusted advisor
Expenditure awareness
Use tags, billing alerts
Optimizing over time
AWS blog, AWS trusted advisor
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