How to Reduce AWS Costs
If your organization is involved in any type of IT development on Amazon´s Elastic Compute Cloud (EC2) service, finding ways of how to reduce AWS costs can be an issue. Naturally you do not want to limit the resources your developers have available to them, but you also want to make sure that the projects they are working on remain within budget and are financially viable.
Solutions to Reduce AWS Costs
There are various solutions your organization can implement to reduce AWS costs. For non-production instances that are only needed during working hours, you can instruct development teams to switch these instances off when they are not using them. Or, you can have your developers take the time to develop scheduling scripts for this same purpose.
For some applications, other AWS purchasing options beyond On-Demand may be useful. For example, if you run non-time sensitive applications that can be interrupted, you can use Spot Instances to reduce AWS costs. If you are confident in future capacity requirements, you can achieve an AWS cost reduction by using Reserved Instances or Convertible Reserved Instances.
However, none of these solutions are perfect. Your developers may only remember to switch off non-production instances for a couple of days, and writing and maintaining scheduling scripts reduces available resources for priority tasks. Spot instances can be terminated as soon as the market price surpasses your bid, so they’re only an option for certain applications.
And while Reserved Instances and Convertible Reserved Instances will achieve an AWS cost reduction, they require organizational foresight and significant upfront payments if you want to take advantage of the best discounts. They may be a good fit for some production instances, but there are other solutions to reduce AWS costs you should also consider.
Optimizing AWS Costs with AWS Management Software
A more appropriate solution is AWS management software. AWS management software helps you reduce AWS costs permanently and make the AWS cost reduction permanent through policy-driven automation. With AWS management software you can:
- Schedule stop/start times for non-production instances.
- Right-size assets for both cost and performance.
- Easily identify and terminate zombie assets.
- Get recommendations about purchasing options.
- Drive accountability and establish benchmarks.
- Improve governance over all your cloud accounts.
Amazon offers its own AWS management software, but this has its limitations if you operate in a multi-cloud environment or want to know in advance how much you will reduce AWS costs. Alternatively there are plenty of vendors offering tools for achieving an AWS cost reduction, but many of these over-complicate procedures – increasing the chances of human error.
Reducing the Costs of AWS EC2 Simply
In order to reduce the costs of AWS EC2 simply, try ParkMyCloud. With ParkMyCloud you only have to login to your cloud account(s) via ParkMyCloud´s platform and create a permissions-limited IAM role or an IAM user credential for our app. The app conducts a discovery of all your AWS assets and makes recommendations about which are suitable for scheduling according to the tags and names you have assigned them.
Thereafter, to schedule start/stop times for the recommended assets, simply apply a schedule from a list of preconfigured schedules or create a new one using an intuitive GUI. Different schedules can be assigned to different assets or, if you have development teams that work irregular hours or in irregular patterns, you can apply an “Always Parked” schedule which can be interrupted when access is required with the click of a mouse.
By How Much Can You Reduce AWS Costs?
Based on a pre-configured schedule of running non-production EC2 and RDS instances only between 8.00 a.m. and 8.00 p.m. Monday to Friday, you will reduce AWS costs by 64%. Your AWS cost reduction on non-production instances could be higher or lower depending on the schedules you actually apply and the number of times they are interrupted outside those hours as the table below demonstrates.
|By How Much Can You Reduce AWS Costs?|
|Schedule||Start Time||Stop Time||Hours Saved||You Save|
|Mon-Sun||8.00 a.m.||8.00 p.m.||84 per week||50%|
|Mon-Sun||9.00 a.m.||5.00 p.m.||112 per week||66%|
|Mon-Sat||8.00 a.m.||8.00 p.m.||96 per week||57%|
|Mon-Sat||9.00 a.m.||5.00 p.m.||120 per week||71%|
|Mon-Fri||8.00 a.m.||8.00 p.m.||108 per week||64%|
|Mon-Fri||9.00 a.m.||5.00 p.m.||128 per week||76%|
However, rather than estimate by how much you can reduce AWS costs, ParkMyCloud´s interface displays the exact projected savings as you apply each schedule. Once the schedules are activated, the GUI displays a second figure which represents how much of an AWS cost reduction you have achieved in the current month. If you cannot wait to find out how much you could reduce AWS costs by scheduling start/stop times, try our Cloud Cost Savings Calculator now.
Further Ways to Achieve an AWS Cost Reduction
Leaving non-production assets running is one of the biggest contributors to “cloud waste” – estimated to represent around 30% of all cloud spend – and whereas scheduling stop/start times for non-production instances will eliminate some of the waste, it will not eliminate all of it. This is because assets are often deployed in the cloud with more CPU, memory and storage than they need, or because demand decreases over time, or because assets are left active when they are no longer required.
ParkMyCloud can further help you achieve an AWS cost reduction by highlighting which assets are over-provisioned and making recommendations about their optimal configurations – or recommending they are terminated if they are serving no useful function. Thereafter, you can apply policies to maintain optimization, and to alert you to opportunities to move data to a cheaper storage option or purchase Reserved Instances.
Try ParkMyCloud´s AWS Cost Automation Software Free
ParkMyCloud is a lightweight SaaS app that enables businesses running AWS EC2 instances to pay only for the resources they use. By scheduling start/stop times for non-production instances and taking advantage of the other elements of ParkMyCloud´s AWS cost automation software, you effectively get hands-free governance of your accounts.
To discover how much our AWS cost automation software could be reducing the cost of AWS EC2 deployments in your organization, you are invited to try ParkMyCloud free for a trial period. There are no setup costs, no credit card required, and no commitment to continue with the service once the trial period has expired. Whatever amount you reduce your AWS costs by – that is yours to keep.
To find out more about this special offer, or for more information about how to reduce AWS costs, please do not hesitate to contact us. Our friendly team will guide you through the account creation process, walk you through the ParkMyCloud GUI and provide advice about how to view and download reports, or how to integrate ParkMyCloud with existing automation and continuous delivery tools.
- ParkMyCloud automates the process of switching non-production instances on and off.
- The software makes recommendations about which instances are suitable for scheduling.
- Businesses discover in advance how much each schedule will reduce AWS costs.
- Administrators gain total visibility to increase governance and enforce accountability.
- Take a free trial of ParkMyCloud today and see by how much you can reduce AWS costs.