Mod 2: Cloud Economics and Billing Flashcards
(Fundamentals of Pricing)
-charged per hour/second (Linux only)
-varies by instance type
compute
(Fundamentals of Pricing)
-charged typically by GB
storage
(Fundamentals of Pricing)
-outbound is aggregated and charged
-inbound has no charge )with some exceptions)
-chagres typically per GB
data transfer
How do you pay for AWS? (3)
-pay for what you use
-pay less when you reserve
-pay less when you use more and as AWS grows.
largest discount
AURI (All upfront reserved instance)
lower discount
PURI (Partial upfront reserved instance)
smaller discount
NURI (No upfront reserved instance)
-enables you to gain free hands-on experience with the AWS platform, products, and services. Free for 1 year for new customers
AWS Free Tier
-Amazon VPC
-Elastic Beanstalk
-Auto scaling
-AWS Cloud Formation
-AWS Identity and Access Management (IAM)
Service with no charge
is the financial estimate to help identity direct and indirect costs of a system
Total Cost of Ownership (TCO)
-to compare the costs of running an entire infrastructure environment or specific workload on-premises versus on AWS.
-to budget and build the business case for moving to the cloud.
Why use TCO
TCO Considerations
-Server costs
-Storage costs
-Network costs
-IT Labor costs
-estimate monthly costs
-identify oppurtunities to reduce monthly costs
-model your solutions before building them.
-explore price points and calculations behind your estimate.
-find the available instance types and contract terms that meet your needs.
-name your estimate and create and name group of service.
AWS Pricing Calculations
-reduced spending on compute, storage, networking, security.
-reductions in hardware and software purchases (capex)
-reductions is operational costs, backup, and disaster recovery.
-reductions in operations panel.
Hard benefits
-reuse of service and applicatons that enable you to define land redefine solutions by using the same cloud secure.
-increased developer productivity
-improved customer satisfaction
-agile business processes that can quickly respond to new and emerging opppurtunities.
-increase in global reach
soft benefits