A company runs its applications on Amazon EC2 instances.

it allows the company to monitor costs and notify responsible stakeholders in the event of unusual spending. By creating an AWS Cost Anomaly Detection monitor in the AWS Billing and Cost Management console, the company can use a machine learning service that automatically detects and alerts on anomalous spend. By configuring alert thresholds, notification preferences, and root cause analysis, the company can prevent unusual spending and identify its source. References:

AWS Cost Anomaly Detection

Creating a Cost Anomaly Monitor