Understanding Cost Optimization Recommendations: In AWS, cost optimization involves identifying ways to reduce costs while maintaining or improving performance and capacity.
Top-Level KPI - Estimated Monthly Saving:
Definition: This KPI provides an estimate of how much you can save per month by following the recommended actions.
Importance: It helps you quantify the potential cost savings from rightsizing, purchasing reserved instances, or optimizing resource usage.
Decision-Making: Provides a clear financial benefit to justify changes in your resource configurations.
How to Use Estimated Monthly Saving:
Access Recommendations: Navigate to the AWS Cost Management Console to view rightsizing recommendations.
Review Savings Estimates: Look at the estimated monthly savings for each recommendation to understand the potential financial impact.
Implement Recommendations: Prioritize actions based on the savings estimates to maximize cost reduction.
AWS Cost Management
AWS Rightsizing Recommendations
