Now let's master cost optimization strategies that can dramatically reduce your cloud spending. These techniques help you eliminate waste while maintaining performance.
The goal is to pay only for what you actually need.
Engagement Message
What's your biggest cloud cost concern right now?
Rightsizing is the process of matching your instance types and sizes to your actual performance needs. Many companies start with instances that are too large.
It's like renting a 10-bedroom house when you only need two. AWS provides recommendations to help you identify overprovisioned resources.
Engagement Message
Why might someone choose an instance that is too large when first starting?
Another key strategy is to find and terminate idle resources. This includes things like unused servers or old data snapshots you no longer need.
These "zombie" resources can add up over time, so it's important to have a process for regularly cleaning them up.
Engagement Message
How could you automate the process of finding idle resources?
Remember Savings Plans and Spot Instances? Using the right pricing model is a core optimization strategy.
Analyze your baseline usage and cover that with Savings Plans for a deep discount. Then, use Spot Instances for any fault-tolerant workloads to save even more.
Engagement Message
What workloads in your environment run consistently enough for Savings Plans?
Finally, AWS Support plans can be a valuable optimization tool. Higher support tiers (Business and Enterprise) include access to AWS Trusted Advisor.
Trusted Advisor acts as your automated cloud expert, providing real-time guidance to help you provision your resources following AWS best practices, including cost optimization checks.
