Cost Optimization and Pricing Tools

Question 1

What is the AWS Pricing Calculator?

Answer 1

A service that lets you explore AWS services and create an estimate for the cost of your use cases on AWS. When you have created an estimate, you can save it and generate a link to share it with others.

Question 2

What is AWS Cost Explorer?

Answer 2

A service that let’s you visualize, understand, and manage your AWS costs and usage over time

Question 3

What is AWS Budgets?

Answer 3

A service that you can use to create budgets to plan your service usage, service costs, and instance reservations. Set custom alerts when your usage exceeds or is forecasted to exceed the budgeted amounts.

Question 4

What is the AWS pricing model

Answer 4

Pay for what you use.
Pay less when you reserve.
Pay less with volume-based discounts when you use more.

Question 5

Explain S3 Pricing

Answer 5

Pay for what you use with the rate determined by object size, storage class, and duration stored. Requests and retrievals to your S3 objects and budgets. Storage management features enabled in S3 buckets (inventory, analytics, and object tagging). Lastly -zero cost to transfer data between different S3 buckets or from S3 to other services within same AWS region.