Cost Optimization
The cost optimization pillar focuses on analyzing, understanding and controlling where money is being spent and focuses on the ability to avoid unnecessary costs. Scales your resources as to meet business needs without overspending.
Design Principles:
- Implement Cloud Financial Management: To accelerate your businesses in the cloud, you need to invest in cloud financial management.
- Adopt a consumption model: Pay only for what you use.
- Measure overall efficiency: Continuously monitor and optimize usage of your resources.
- Stop spending money on undifferentiated heavy lifting
- Analyze and attribute expenditure: Easily identify system usage and costs and attribute IT costs to individual workload owners.
AWS Well-Architected Framework
The AWS Well-Architected Framework is a set of practices that enables AWS users, architects and developers to design and architect a secure, high performing, resilient, cost-effective, efficient and reliable system for their applications in the cloud. It allows users to consistently measure their architectures against best practices and identifies areas for improvement.
The framework provides an approach for customers to review their architectures and provides guidance to implement designs that scale with their application needs over time. It provides best practices in the design, delivery and maintenance of AWS environments.