AWS Cloud Financial Management

As Medibank continued to migrate its workloads to AWS and onboard new applications in the cloud, it became increasingly important to establish both visibility and accountability of AWS cost and usage to each business unit and project, which would also help reduce the risk of costs exceeding the allocated budget. Teams also found it hard to optimize their usage due to lack of clear metrics and feedback loops.

Learn more AWS 2022 Q2 launches, such as additional resource coverage for AWS Compute Optimizer, user interface updates for AWS Budgets and Bills, etc.

Cloud Financial Management (CFM) is a fundamental part of every customer’s cloud journey. Whether you are building applications natively in the cloud, migrating your workloads to the cloud, or expanding your adoption of cloud services, CFM can help you achieve the full business value associated with cloud adoption.

In order to meet the new demands for their software, including customers from new segments, PandaDoc quickly deployed more infrastructure and iterated on feature development, which created architectural artifacts that were not optimized for cost efficiency or performance.

In this blog post, we’ll cover the elements of a good metrics strategy and how you can create one, and we’ll share some KPI examples to help you get started.

In this blog, we will address some commonly asked questions we received about AWS Billing Conductor, so you understand how this service can be of use in your day-to-day AWS billing and cost allocation needs.

When helping customers build TCO models for their cloud migration, we often come across customer analysts who say their financial models show that moving to the cloud is more expensive than staying on premises. What we’ve found is that customers often exclude key inputs that lead to inaccurate cost comparison models.

Bundled discount is a usage-based discount that has conditional logic associated with usage. Bundled Discount gives customers free or discounted usage in one product/service based on the usage of another product/service.

Take a look at what AWS Cloud Financial Management team delivered in Q1, such as AWS Billing Conductor, Carbon Footprint Tool, Auto-adjusting budgets, etc. and see how these new capabilities can help solve your immediate and long-term financial needs.

Starting today, you can access AWS Billing Conductor (hereinafter referred to as “ABC”), a new service that enables AWS customers and reseller partners to customize billing data and reporting in a way that aligns with your unique business logic.