How to Better Manage an AWS Bill

In order to optimize your cloud costs, your need to first manage your AWS bill. This not only involves reducing the cost of deploying resources on Amazon´s cloud platform, but increasing the governance of your AWS accounts in order to increase accountability and maintain the reduction in cloud spending you have achieved.

There are many different software solutions that can help with AWS bill management. However, they generally tend to let you know how much you have spent rather than how much you can save. Furthermore, often you will be paying for features you are unlikely to use – minimizing the benefit of implementing AWS bill management software in the first place.

Alternatively, you could try to manage an AWS bill by asking developers to switch their non-production instances when they are not needed or reassign developers away from their core projects to write scheduling scripts. Neither solution will necessarily give you the oversight you need to increase governance of your accounts and writing scheduling scripts could cost you more than you save.

Using ParkMyCloud to Reduce AWS Costs

Using ParkMyCloud to reduce AWS costs is very straightforward. You simply create a permission-limited IAM role for our SaaS app and allow it to conduct a discovery of your resources deployed on AWS. Once the discovery is completed, you will see all your resources listed across a single-view dashboard, giving you complete visibility of your account(s).

Alongside the list of resources, ParkMyCloud will make recommendations about which are suitable for having start-stop schedules applied to them. These are typically non-production instances – such as those used for development, testing and staging – to which access is not required outside normal working hours. (If access is required to a parked schedule at any time, the schedules can be “snoozed”).

You or your system administrators can choose to apply parking schedules to some or all of the recommended resources – either preconfigured parking schedules or bespoke schedules to suit the business´s specific needs. If the business has development teams that work irregular hours, the instances can be permanently parked and the schedule snoozed as mentioned above.

Using ParkMyCloud to Manage an AWS Bill

Using ParkMyCloud to reduce AWS costs typically results in a saving of up to 65% on the cost of deploying non-production EC2 and RDS instances on AWS. The task can be made simpler by creating Logical Groups that are scheduled together, and further savings can be made by using ParkMyCloud to manage “blue-green deployments” – reducing costs on production instances as well

However, in order to maintain your saving, you need to manage your AWS bill, and the best way to do that is by taking advantage of the total visibility of your accounts provided by ParkMyCloud´s single view dashboard. Using the dashboard, you can monitor activity on your accounts in real time. You can also print audit logs and historic reports from the management portal to increase and enforce accountability.

Other benefits of having total visibility over your accounts is the ease with which you can identify unused and underused resources. These can be terminated or right-sized in order to better manage your AWS bill. You will also be able to identify instances or auto-scaling groups that should be moved to a different pricing plan in order to optimize your AWS costs.

Try AWS Bill Management with ParkMyCloud for Free

If you are in the process of trying to manage your AWS bill, or are inquisitive to see if your cloud costs are optimized, you are invited to take a free trial of our AWS bill management solution. Our free trial enables you to evaluate ParkMyCloud´s ease of use and cost-saving abilities in your own environment, while having the total visibility you need to manage your AWS bill effectively.

To find out more about our free trial offer, do not hesitate to contact us. Our Customer Support team will be happy to provide answers to any questions you have and discuss any current AWS bill management solutions you use at the minute in order to explain how ParkMyCloud can be of benefit in your particular circumstances.

There are no set-up costs attached to our free trial, no contracts to sign and no credit cards required. At the end of your free trial, you have the option of subscribing to a competitively-priced plan, or continuing to use a feature-limited version of ParkMyCloud for free. Our free service will still help you reduce your cloud costs by automating start-stop schedules for non-production EC2 and RDS instances, but not provide the governance you need to manage your AWS bill effectively thereafter.