AWS provides enormous flexibility and power, but that flexibility comes with complexity in cost management. Many organizations overspend by 40-60% due to underutilized resources, suboptimal purchasing strategies, and architectural inefficiencies.
Compute Optimization
- Right-size EC2 instances using AWS Compute Optimizer
- Use Spot Instances for batch processing
- Purchase Reserved Instances for predictable workloads
Storage Optimization
- Implement S3 Intelligent-Tiering
- Delete unattached EBS volumes
- Use S3 lifecycle policies for Glacier