Pricing, Billing, and Governance Flashcards
What are the 3 fundamental drivers of cost?
3 fundamental drivers of cost
1. Compute
a. Hourly from launch to termination
2. Storage
a. The data you store in the cloud
3. Outbound data transfer
a. Data in flight moving between systems
Free offer types
- 12 months free
○ 12 months’ free usage following your initial sigh-up date to AWS- Always free
○ Offers do not expire and are available to all AWS customers - Trials
○ Short-term free trials starting from the date you activate a particular service
- Always free
EC2 Pricing
EC2 Pricing
5 ways to pay for Amazon EC2 instances
1. On-Demand
a. You pay by the hour or by the second without pre-paying
2. Savings Plan
a. Commit to compute usage measured per hour for a 1 or 3 year term
3. Reserved Instances
a. Commit to use for 1 or 3 years; pay regardless of usage
4. Spot Instances
a. Instances only launch if spare capacity is available
5. Dedicated Hosts
a. An entire physical server just for you
Lambda Pricing
Lambda Pricing
1. Number of requests
a. Includes test invokes from the console
2. Code execution time
a. From execution start, in response to events, to stop
3. Always free
a. 1 million request per month
S3 Pricing
S3 Pricing
1. Storage class
a. Various storage classes
2. Storage
a. Number and size of objects
3. Data transfer
a. Data transferred out of S3 Region
4. Request and data retrieval
a. Requests made for data and amount of requests
RDS Pricing
RDS Pricing
1. Running clock hours - from the time you launch a database instance until you terminate it
2. Type of database
3. Storage
4. Purchase type
5. Database count
6. API requests
7. Deployment type
8. Data transfer - inbound data transfer is free. There is a charge for outbound data transfer
What is Total Cost of Ownership (TCO)?
TCO is a financial estimate that helps you understand both the direct and indirect costs of AWS.
What is the Application Discovery Service?
Helps you plan migration projects to the AWS Cloud
* Plan migration projects
* Used to estimate TCO
* Works with other services to migrate servers
How can AWS help you reduce TCO?
Ways to reduce your TCO using AWS
1. Minimize capital expenditures
a. AWS helps you minimize large capital expenditures, which reduces your TCO
2. Utilize reserved instances
a. AWS provides reserved instances to help you lock in savings and reduce your TCO
3. Right size your resources
a. AWS helps you match the provisioning of resources to your usage needs to reduce your TCO
What is the Pricing Calculator?
Pricing Calculator - provides an estimate of AWS fees and charges
* Explore services based on your use case
* Find instance types that fit your needs
What is the Price List API?
Price List API - allows you to query the price of AWS services
* Query using JSON or HTML
* Receive price alerts when prices change
What are budgets in AWS?
Budgets allows you to set custom budgets that alert you when your costs or usage exceed your budgeted amount.
What do budgets allow you to do in AWS?
Improve planning and cost control
What are the 3 types of budgets in AWS?
Cost - plan how much you want to spend on a service
Usage - plan how much you want to use on one or more services
Reservation budgets - Set RIs or Savings Plans utilization or coverage targets
What are Cost and Usage Reports?
Cost and Usage Report - contains the most comprehensive set of cost and usage data
* Downloadable detailed and comprehensive report
* Lists usage for each service category
* Aggregate usage data on a daily, hourly, or monthly level