webinar: best practices around reserved instances, resource provisioning, and aws cost management
DESCRIPTION
Idle and underutilized resources will quickly escalate your bill. On-Demand instances cost 4-6x comparable Reserved Instances. With self-provisioning, and multiple pricing choices, the question is how do you ensure that your team is optimizing your spend? CloudCheckr provides the tools to efficiently assess and optimize your costs. With cost warning alerts, automated idle resource alerts, and over 50 proprietary Best Practice checks related to cost, CloudCheckr ensures that you are not caught wasting money. Webinar topics include: - Learn the most common areas of overlooked spend - Learn about CloudCheckr's cost warning and alerts - How to ensure that you and your team are buying only what you need and not over-provisioning or over-spendingTRANSCRIPT
Best Practices around Reserved Instances, Resource
Optimization, and Cost Management
Aaron C. Newman
Founder, CloudCheckr
Reserved Usage Best Practices
• Different type, regions, sizes, time frames• All offer different ROIs
• Calculate Return on Investment• Total Savings / Upfront cost
• ROI highly dependent on your usage• How many hours, transactions, requests, etc…
Use EC2 spot instances when possible
Types of Reserved Usage
EC2 Reserve Instances Most commonly used, a lot of factors to understand
RDS Reserved DB Instance Often a better option for purchase, database are more stable
ElastiCache Reserved Nodes https://aws.amazon.com/elasticache/pricing/
DynamoDB Reserved Capacity https://aws.amazon.com/dynamodb/pricing/
CloudFront Reserved Capacity Pricing https://aws.amazon.com/cloudfront/pricing/
Best Practices for Resource Utilization
• Locate and eliminate idle resources
• Right-size resources• Don’t under or over-utilize
• Use Auto Scaling Groups• Design your applications • to scale up and down
Check on ALL your resources:
EC2, EBS, ELBs, RDS, DynamoDB, ElastiCache, etc…
Build a Tagging Strategies
• Tag your resources so you can allocate costs
• Tie costs to applications and resource owners
• Provides visibility into what you are spending• Identify and classify costs• So that you can reduce them
• Locate and eliminate untagged resources
You can’t optimize what you can’t measure
Use Consolidated Billing
• Create a master payer account• Link all your accounts from there
Advantages includes:
• A single view on all costs
• Reserved Instance usage • works across consolidated accounts
• Pricing tiers are compressed
• Overall reduced bill
Questions?
Questions on:
• Best Practices• CloudCheckr
Thank You for Attending
Sign up today for free evaluationat http://cloudcheckr.com
Aaron Newman is the Founder of CloudCheckr (www.cloudcheckr.com)
Please contact me with additional questions at:[email protected]