AWS Cost Management [EOL] Reviews

Name: AWS Cost Management [EOL]
Brand: Amazon Web Services (AWS)
Rating: 4.1 (10 reviews)

4.1 out of 5

10 reviews
83% willing to recommend

What is AWS Cost Management [EOL]?

AWS Cost Management tools give you visibility into your AWS costs and usage. There are a range of AWS Cost Management tools to help you access, organize, understand, control, and optimize your costs.

Get the AWS Cost Management [EOL] Buyer's Guide and find out what your peers are saying about AWS Cost Management [EOL], IBM Turbonomic, Nutanix Cloud Manager (NCM) and more!

Buyer's Guide

AWS Cost Management [EOL]

January 2025

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Helped 831,158 peers since 2012

Featured reviews

SaniyaJeswani

Finance consultant at Accenture

I would like to see the forecasting models improved with AWS Cost Management. There is too much of a gap between what AWS forecasts and the actual bills we are charged. It is a machine learning system and relies on more data being collected over time. However, so far, we have not seen that.

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RANJAN KUMAR

DevOps Engineer at ZoomOps Technology

We regularly check the status of services to identify any unnecessary or unexpected costs. We utilize the billing dashboard in AWS to monitor daily costs and assess any significant increases. For instance, if our daily AWS expenses usually amount to $1,000 for running a hundred instances, and suddenly it spikes to $1,500, we investigate the reasons behind the increase. We scrutinize detailed reports, identify the areas and services contributing to the rise, and inform our manager. The dashboard overview in AWS Cost Explorer provides a high-level summary of our expenses, covering databases. This includes total costs, daily costs, and a breakdown by services. AWS Cost Explorer offers visualization tools like line charts, bar charts, and pie charts. These visualizations assist us in quickly understanding expenditures, enabling us to pinpoint areas that might need attention. The tool allows the creation of custom reports by selecting and configuring filtering and grouping options. Custom reports include a data range selector, making it easy to analyze expenses for specific periods such as daily, monthly, or custom durations. The budget feature is client-dependent. Before creating any services, we engage with our client to understand their requirements, such as the number of instances, CPU, and memory needed. Subsequently, we create a budgeting tool in servers based on these specifications. Our team configures custom notifications to alert us when actual costs or usage exceed predefined thresholds. These alerts can be sent via email or integrated with Simple Notification Service. I rate the overall product a ten out of ten.

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Youssef Lakhlaifi

System Engineer at a comms service provider with 10,001+ employees

We use AWS Cost Management to monitor traffic and resource usage in our environment. It helps prevent the cost by identifying activities we don’t require The product provides the ability to set cost limits and budgets for a set of resources on the network. It helps us track our expenses and…

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PeerAnalyst reports

Type	Title	Date
Category	Cloud Cost Management	Jan 21, 2025	Download
Product	Reviews, tips, and advice from real users	Jan 21, 2025	Download

Title	Rating	Mindshare	Recommending
IBM Turbonomic	4.4	16.8%	98%	205 interviews Add to research
Nutanix Cloud Manager (NCM)	4.4	2.6%	96%	88 interviews Add to research

Valuable Features

"The tool's cost management feature provides a comprehensive view of AWS costs, allowing us to plan and make cost-effective decisions. With AWS Cost Explorer, we can perform cost planning, generate recommendations, and provide clients with suggestions for resizing. This feature includes data filtering and protection, offering users insights into spending patterns through AWS spending patterns and planning tools. The product is easy to learn."
"I like the recommendation we get from AWS Cost Management to use a particular image or VM type."
"The product provides the ability to set cost limits and budgets for a set of resources on the network."

Room for Improvement

"Data transfer between S3 buckets within AWS incurs costs, especially when moving data from one bucket to another or downloading data."
"AWS Cost Management has fewer features compared to Azure Cost Management."
"There could be an option to build custom dashboards for the platform."