How to Save AWS Costs

There are several different ways to save AWS costs, but few of them maximize the savings that can be made or maintain savings in the long-term. For example, reviewing how your instances are deployed on Amazon´s cloud platform will likely only produce minimal savings, as you probably placed them into the most appropriate type, region and pricing plan when you first deployed them.

Another way in which it is often suggested you can save AWS costs is to pay upfront for Reserved Instances. This can be a good idea if you know what your capacity requirements will be for the next three years and if Amazon does not reduce its prices (again). Any price reduction could minimize the value of your cost-cutting exercise, especially as Google is making the market more competitive.

Other Options to Save AWS Costs

The other options most commonly considered to save AWS costs include switching off non-production EC2 and RDS instances when they are not required. Access to most development, staging and testing instances is only required during working hours. By switching off instances to which access is not required between 8.00 p.m. and 8.00 a.m. and at weekends, you could save AWS costs on these instances by almost 65%. There are three ways in which this can be achieved:

  • Instruct your development teams to switch off their development, staging and testing instances when they are not needed. The issue with this option is developers may forget to switch them off, or switch off RDS instances and then forget about them. Amazon restarts stopped RDS instances after seven days, so you could still be paying for unused compute resources.
  • The problem with developer forgetfulness can be resolved by reassigning your development teams to write scheduling scripts to automate on/off times. The issue with this option is that it may cost more to write and maintain scheduling scripts than you would actually save because of developers´ salaries. Writing scripts would also likely delay the delivery of core projects.
  • The third option to save AWS costs is scheduling software. As long as you avoid implementing a suite of cloud management tools that contains dozens of features you will pay for but never use, scheduling software typically pays for itself within two months. Scheduling software can also help you maintain the savings you achieve via improved governance.

How to Save AWS Costs with Scheduling Software

Scheduling software works by creating a permission-limited IAM role for the software platform. The platform conducts a discovery of the business´s cloud accounts and makes recommendations about which instances are suitable for scheduling (or “parking”). Administrators then have the option of creating business-wide parking policies for the instances or delegating the task of scheduling to each development team in order that they apply the most appropriate schedule for their working patterns.

In addition to being able to apply parking schedules business-wide or by development team, the versatility of the platform makes it possible to set individual parking schedules for individual instances. Once the schedules are confirmed, a figure is displayed indicating by how much each parking schedule will save AWS costs and, when the schedules are operational, a second figure indicates actual savings. These figures are collated on the administrator dashboard.

With the volume of information available to administrators, it is possible to further save AWS costs by terminating or reassigning underused instances, monitor account activity and determine where further savings can be made. This high level of governance helps maintain the cost reductions that have been achieved better than any of the options to save AWS costs mentioned above. This is because scheduling software not only saves AWS costs, but results in better AWS management.

Maximize AWS Savings and Maintain Them

Scheduling software from ParkMyCloud has all the tools your business needs to maximize AWS savings and maintain them. For example, with ParkMyCloud you can park all AWS and RDS non-production instances permanently and snooze the parking schedule when access to the parked instances is required. Mechanisms exist to ensure instances are returned to their parked state after a period of inactivity to overcome the potential issue of developer forgetfulness.

Better AWS management means your development teams are more accountable for their actions. Administrators can access reports that reveal AWS costs by team, user or credential, and when additional instances have been deployed. The total visibility provided by ParkMyCloud enables administrators to stay in control of the business´s accounts and be able to provide more accurate data relating to future project, budget and capacity planning.

Save AWS Costs for Free with ParkMyCloud

If you have tried several different ways to save AWS costs, but found few of them maximize the savings that can be made or maintain savings in the long-term, you are invited to take advantage of a free trial of ParkMyCloud. Our offer consists of a fully-enabled version of our software to evaluate in your own environment, with no credit cards required, no contracts to sign and no obligation to continue using our platform once the free trial has concluded.

Whatever AWS costs you save during the trial are yours to keep; and, at the end of your trial, you can chose from a series of competitive subscriptions – depending on the level of service you require – or continue using a feature-limited version of our software for free. The free version of our software will still help you save AWS costs, but it does not provide the high degree of governance that may be required to maintain the savings. The choice, naturally, will be yours.

To start your free trial, click any “Try it Free” button on this page. Alternatively, if you have any questions about how to save AWS costs with ParkMyCloud, do not hesitate to contact our Customer Support team. Our team will be happy to answer your questions and guide you through the features of ParkMyCloud that will help you save, maximizes and maintain AWS cost savings.