Optimize Your AWS Costs Through Rigorous Rightsizing and Financial Tools
In the rapidly evolving world of cloud services, managing and optimizing these resources is of paramount importance. In this blog post, we dive deep into the practice of rightsizing on Amazon Web Services (AWS), covering those subtle specifics that often escape attention.
AWS offers a vast array of services, each providing a multitude of instance types and sizes, which can make it challenging to choose the most cost-effective and efficient option. In this detailed guide, we will walk you through the rightsizing process, demonstrating how to leverage metrics such as CPU utilization and memory usage to optimize your AWS resources. We’ll discuss rightsizing for specific AWS services like AWS ElasticCache and Amazon Managed Streaming for Apache Kafka (MSK). Lastly, we’ll introduce you to AWS financial tools like Savings Plans, Reserved Instances, and the Enterprise Discount Program (EDP), including how to fulfill EDP commitments by purchasing third-party services through the AWS Marketplace.