M2: Cloud economics and billing Flashcards
Module 2
Three fundamental drivers of cost with AWS
Compute
Storage
Outbound data transfer
Utility style pricing model
Pay for what you use
Pay less when you reserve
Pay less when you use more
Pay less as AWS grows
Pay less when you reserve
Reserved instances are available in three options:
- all upfront reserved instance
- partial upfront reserved instance
- no upfront payments reserved instance
Services with no charge
VPC IAM Consolidated billing Elastic Beanstalk CloudFormation Automatic scaling OpsWorks
No charge for data when…
Inbound data or data transfer between services within the same AWS region.
Total cost of ownership
Tool for comparing costs of running an entire infrastructure environment for a specific workload in an on premises or collocation facility to the same workload running on a cloud based infrastructure
TCO considerations
Server costs for hardware and software, and facilities costs to house equipment
Storage costs for hardware, admin and facilities
Network costs for hardware, admin and facilities
IT labour costs required to administer the entire solution
Server costs
Hardware
Software
Facilities
Storage costs
Hardware
Storage
Facilities
Network costs
Network hardware
Network admin costs
Facilities cost
IT labour costs
Server admin costs
AWS simple monthly calculator
Tool that helps:
- Estimate monthly services costs when you use AWS
- Identify opportunities for cost reduction
- Use templates to model solutions to compare services and deployment models
Soft benefits of the cloud
Reusing services and applications Increased developer productivity Improved customer satisfaction Agile business processes Increased global reach
Benefits of AWS Organizations
Centrally managed access policies across multiple AWS accounts
Controlled access to AWS services
Automated AWS account creation and management
Consolidated billing across multiple AWS accounts
AWS Organizations terminology
Organization root
Organizational unit: container for accounts within root
An OU can contain other OUs