Cloud Economics and Billing Flashcards
Compute
Charged per hour/second.
Varies by instance type.
Storage
Charged typically per GB.
Data transfer
Outbound is aggregated and charged.
Inbound has no charge (with some exceptions).
Charged typically per GB.
How do you pay for AWS?
Pay for what you use.
Pay less when you reserve.
Pay less when you use more.
Pay even less as AWS grows
Custom Pricing
Meet varying needs through custom pricing.
Available for high-volume projects with unique requirements.
AWS Free Tier
Enables you to gain free hands-on experience with the AWS platform, products, and services. Free for 1 year for new customers
Services with no charge
Amazon VPC.
Elastic Beanstalk.
Auto Scaling.
AWS CloudFormation.
AWS Identity and Access Management (IAM).
Traditional Infrastructure
Equipment.
Resources and Administraton.
Contracts.
Costs.
AWS Cloud
No upfront expense-pay for what you use.
Improve time to market and agility.
Scale up and down.
Self-service infrastructure.
Total Cost of Ownership (TCO)
Financial estimate to help identify direct and indirect costs of a system.
18TCO considerations
Server Costs.
Storage Costs.
Network Costs
IT Labor Costs
AWS Pricing Calculator
Estimate monthly costs.
Identify opportunities to reduce monthly costs.
Model your solutions before building them
Explore price points and calculations behind your estimate.
etc..
Hard benefits
Reduced:
Spending on compute, storage, networking, security
Hardware and software purchases.
Operational costs, backup, and disaster recovery.
Operations personne
Soft Benefits
Reuse of service and applications that enable you to define by using the same cloud service.
Increased developer productivity.
Improved customer satisfaction.
Agile business processes that can quickly respond to new and emerging opportunities.
Increase in global reach.
AWS Organizations
Account management service that enables you to consolidate multiple AWS accounts into an organization that you create and centrally manage.
