AWS is quite the buzzword in current times, it stands for Amazon Web Services. Along with the sensitivity of AWS services, some of us are familiar with the practice of optimizing AWS costs, but there would be people who probably wouldn’t know them either. It is not uncommon to read headlines that say there are companies that spend more than the amount in the cloud. This amount can be doubled because money can be wasted on some unused services or because millions of companies provide resources that may not need more capacity. Here are the top five ways to optimize AWS cloud costs.
1. Simple Storage Service
Use the simple object storage service (s3) lifecycle management and move objects to the glacier if necessary. For easily reproducible objects (such as image thumbnails), use the “Reduced Redundancy” recording class, which costs less than “regular” storage.
In addition to storage space, S3 charges for both bandwidth and the number of HTTP requests. For example, one 50 MB object search cost is less than two 25 MB object searches. While recording in S3, connect objects (such as log files) to reduce S3 access (HTTP) charges.
2. Remove the Zombie Assets
The term “zombie assets” is used very commonly in Amazon web services to describe unused assets that contribute to the total cost of AWS Cloud operations. There are many typical zombie assets that have already been mentioned (unverified EBS volumes, outdated snapshots, etc.). Other assets in this category include instance components that were activated when the instance failed to start and unused elastic load balancers.
3. Use Amazon Content Delivery Network
Using Amazon CloudFront with Simple Storage (S3) reduces S3 access fees and also improves application performance by caching CloudFront servers. Pay attention to the price range of CloudFront. This will affect your CloudFront fees. Use billing alerts that trigger alerts when charges exceed certain preset values. This helps prevent AWS billing shocks. Use CloudWatch to measure the usage of each AWS resource. CloudWatch provides metrics for AWS resource usage that you can use to optimize that AWS resource. For example, you can use a flexible computing (EC2) configuration that is not actually required, or automatic scaling of EC2 is not enough under heavy load.
4. Release Unallocated Flexible IP Addresses
Flexible IP addresses are public IPv4 addresses from a collection of Amazon IP addresses that are allocated to a few instances that are then accessed over the Internet. Businesses here have access to and the ability to get a maximum of five flexible IP addresses per account because Amazon AWS doesn’t have an unlimited set of IP addresses. That being said, they are free to change if there is an attachment to a running service.
5. Buy Only Reserved Instances
It may be a wise decision if you choose to purchase reserved copies because it is an easy and accurate way to reduce AWS costs. Conversely, the cost here may increase, and it may be possible if we do not use the reserved copy option as much as expected. Taking this second ideal way, if you choose to buy the wrong copy or a reserved copy, a drop-in AWS price is the only thing reserved for more than saved bookings.
Even after completing all of the above, you may want to consider using Amazon AWS Advisor. This feature is available in the Amazon AWS Admin Console and is free to use. This tool will migrate to your AWS account and look for potential vulnerabilities to save costs, improve system performance and reliability. Trusted Advisor is available in a free version as well as at the business and enterprise level.