Keeping cloud costs in check is a struggle. Companies either lose control of their budgets and spend even 23% more as planned or at the end of overprovisioning their workload.

Optimizing cloud costs is all about finding a balance between price and performance. You want your applications to have enough resources while avoiding cloud waste.

Here are five tips to get you started AWS Cost optimization trip.

# 1: Spread the cost across multiple teams using tags

There may be multiple teams or departments contributing to your AWS cloud bill. So you need a way to make this visible (and predictable).

AWS provides two handy tools for categorizing expenses by account, organization, or project:

  • Organizations – to centrally manage and control the environment while scaling AWS resources. Includes budgets and guidelines for accounts or groups.
  • Tagging Resources – Use Resource Tags in AWS Cost Explorer …

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