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IT125 > Module 2: Cloud economics and Billing > Flashcards

Module 2: Cloud economics and Billing Flashcards

1
Q

AWS Pricing model: Three fundamental drivers of COST with AWS

A

-Compute
-Storage
-Data Transfer

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2
Q

How do you pay for AWS?
Hint: 3 Ps

A

Pay for what you use
Pay less when you reserve
Pay less when you use more and as AWS grows

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3
Q

Pay only for the services that you consume, with no large upfront expenses.

A

Pay for what you use

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4
Q

Invest in Reserved Instances (RIs)

A

Pay less when you reserve

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5
Q

How much could you save up to when you reserve instances

A

75%

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6
Q

All three Options for reserved:

A

-All upfront Reserved Instance(AURI)
-Partial upfront Reserved Instance(PURI)
-No Upfront Payments Reserved Instance(NURI)

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7
Q

The Largest Discount is

A

AURI

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8
Q

The Lower Discount is

A

PURI

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9
Q

The Smaller Discount is

A

NURI

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10
Q

Pay Less by using more:
Realize volume-based discounts:
_______ as usage increases.

A

Savings

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11
Q

Pay Less by using more:
________ for services like Amazon
Simple Storage Service (Amazon S3),
Amazon Elastic Block Store (Amazon
EBS), or Amazon Elastic File System
(Amazon EFS)  the more you use, the
less you pay per GB.

A

Tiered pricing

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12
Q

Pay Less by using more:
Multiple storage services deliver _____
storage costs based on needs.

A

lower

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13
Q

Pay even less as AWS grows:
AWS focuses on lower cost of doing business:
since 2006, AWS has lowered pricing ____times (as of september 2019)

A

75

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14
Q

There is no charge (with some exceptions)
for: (2)

A
  • Inbound data transfer.
  • Data transfer between services within the same AWS Region.
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15
Q

AWS service can be _____ and _____ anytime.

A

Start and stop anytime

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16
Q

AWS does not require: _______ contracts

A

long-term

17
Q

is the financial estimate to help identify direct and indirect costs of a system.

A

Total Cost of Ownership (TCO)

18
Q

Why use TCO?
To compare the costs of running _________________ on-premises versus on AWS

A

an entire infrastructure environment or specific workload

19
Q

Why use TCO?
To budget and ________________ for moving to the cloud

A

build the business case

20
Q

Use the AWS ______________ to:
Estimate monthly costs
* Identify opportunities 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 groups of services

A

AWS Pricing Calculator

21
Q

AWS organizations:
4 key features and benefits

A
  • Policy-based account
    management
  • Group based account
    management
  • Application programming interfaces
    (APIs) that automate account
    management
  • Consolidated billing
22
Q

Security with AWS Organizations:

A
  • Control access
    with AWS Identity and
    Access Management
    (IAM).
  • IAM policies enable
    you to allow or deny
    access to AWS
    services for users,
    groups, and roles
  • Service control
    policies (SCPs)
    enable you to allow
    or deny access to
    AWS services for
    individuals or group
    accounts in an
    organizational unit
    (OU).
23
Q

Organizations setup
Step 1 to Step 4

A
  1. Create Organization
  2. Create Organizational units
  3. Create service control policies
  4. Test restrictions
24
Q

Accessing AWS Organizations:

A
  • AWS Management Console
  • AWS Command Line
    Interface (AWS CLI) tools
  • Software development
    kits (SDKs)
  • HTTPS Query application
    programming interfaces
    (API)
25
Q

AWS Billing and cost management:
TOOLS

A
  • AWS Budgets
  • AWS cost and user report
  • AWS cost explorer
26
Q

Technical Support: Provide unique combination of tools and expertise:

A
  • AWS Support
  • AWS Support Plan
27
Q

AWS SUPPORT
Support is provided for:

A
  • Experimenting with AWS
  • Production use of AWS
  • Business-critical use of AWS
28
Q

AWS SUPPORT
Proactive guidance:

A

Technical Account Manager (TAM)

29
Q

AWS SUPPORT
Best practices:

A

AWS Trusted Advisor

30
Q

AWS SUPPORT
Account assistance:

A

AWS Support Concierge

31
Q

SUPPORT PLANS
4 support plans:

A
  • Basic Support
  • Developer Support
  • Business Support:
  • Enterprise Support
32
Q

Resource Center access,
Service Health Dashboard, product FAQs,
discussion forums, and support for health
checks

A

Basic Support

33
Q

Support for early
development on AWS

A

Developer Support

34
Q

Customers that run
production workloads

A

Business Support

35
Q

Customers that run
business and mission-critical workloads

A

Enterprise Support

IT125 (3 decks)

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