We’re excited to announce enhanced forecasting capabilities in AWS Cost Explorer, now providing up to 18 months of future cost projections with improved accuracy and AI-powered explanations (preview). This extended forecast horizon addresses the need for long-term financial planning that aligns with enterprise fiscal cycles, while providing transparency into the drivers behind your cost forecasts.
The challenges of enterprise cloud financial planning
AWS Cost Explorer helps you understand your historical cloud spending patterns and provides forecasts for future spend, enabling you to analyze costs across services, accounts, and time periods. Previously, AWS Cost Explorer has provided up to 12 months of future forecasting capabilities, using machine learning models that analyze six months of historical data to generate projections for your cloud spending patterns. This foundation has served many organizations well for quarterly planning cycles and…
