5 Tricks to Help You With AWS Cost Optimization
If your last AWS bill left you feeling a bit strapped for cash, here are some ways to stay aware of the true cost of using Amazon's services.
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By the end of 2019, more than 30% of the 100 largest vendors’ new software investments will move to a “cloud-only” from a "cloud-first" strategy. Any “no-cloud” policies will be nearly extinct by the year 2020. This is mainly because large, medium and small firms are looking for an alternative to reduce their capital expenditure-intensive IT models. Cloud provides a variable cost and pay-as-you-go model, making it economical. Additionally, the scalability and flexibility that comes along with using AWS make it a superior solution than the traditional methods. Companies adopt cloud computing because of its scalability, security or maybe just because cloud computing is the latest trend. Regardless, many have noticed that AWS cost have spiked and spend trends keeps going upwards.
The pricing methods at first look very simple but as you expand, mixing lots of products, it gives you a hard time tracking the ever-growing cost of your cloud infrastructure. Thus, it is really important that you maintain strict Amazon Web Services billing hygiene. Let us, in this short article, examine a few strategies that will help you maintain this hygiene.
You can start by using some advanced cost explorer tools that helps you visualize, understand, and manage your AWS costs and usage over time, spending patterns across various dimensions, and the actual cost break-down over resources. Let’s see what measures we can take to improve cost control.
1. Optimize EC2 Instances
EC2 instances are chargeable by instance per hour. Use Google Analytics to evaluate what volume of traffic your website is receiving, at what time traffic spikes up, and when traffic reaches its lowest. Then, automate the start and stop of the EC2 instances accordingly. Turning them off will help you save immensely on your AWS cloud costs.
2. Use Autoscaling
You can autoscale the instance, so that, depending on the load, AWS can automatically increase or decrease the number of instances. Autoscaling also has a better fault tolerance and helps in better cost management.
3. Storage Optimization
AWS offers various storage options – Elastic File System (EFS), Elastic Block Store (EBS), Simple Storage Service (S3), and Glacier, with EFS being the most expensive and Glacier being the cheapest.
Glacier seems a wise choice and can prove to be a cost-efficient solution to backup your data. It is a secured, durable cloud storage service for data archiving and long-term back up.
One key point here is that you're not supposed to use it to regularly retrieve files or constantly delete them off the servers, and if you do so, it'll cost you.
4. VPC Setup
For data-intensive applications which involve a significant amount of data movement among different components, as you are aware, AWS charges a data transfer fee in some scenarios. If that is the case with you, it might actually make sense to set up Virtual Private Cloud (VPC) endpoints to create a private connection between the VPC and other AWS services without requiring to access the Internet.
5. Amazon Lambda to The Rescue
For queuing jobs such as image resizing, video and audio file processing, and more, use Amazon Lambda so that you have no need to run dedicated servers for these queuing purposes. As soon as images are uploaded to S3, the lambda function will be triggered and you will only need to pay for the total time your code is running.
So, these are a handful of tricks you can try next time you think that AWS is proving to be a huge pocket pinch for you.
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