Category: Cost management

In previous blogs, we have explained why properly tagging AWS resources is necessary, and we have explored some of best practices and recommended strategies for applying tags for your AWS cloud environment. Amazon Web Services have now taken this further and provided some great new support features for tagging Amazon EBS Snapshots so you can exercise more control them. You can now tag your Amazon Elastic Block Store (Amazon EBS) Snapshots at the time of creation. You can do this from the Amazon EC2 console or through the CreateSnapshot API. By tagging resources at the time of creation, you can eliminate the need to run custom tagging scripts after resource creation.

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Amazon’s Elastic Compute Cloud (EC2) provides its users with a flexible, highly customizable computing solution without the need to invest in costly on-site servers. And the product’s ability to quickly scale computing capacity up or down means that, if properly utilized, users only pay for what they actually need.  Not only can Amazon EC2 users easily start and stop instances on demand through the AWS console, but you can also use EC2 server scheduling to set the stop and start times of specific instances in advance, to reduce AWS costs. By some estimates, utilizing EC2 scheduling functionality to stop non-essential instances outside of office hours can reduce AWS costs by as much as 70 percent! Imagine how impressed your boss will be!

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There are many well-known advantages to choosing Amazon Web Services’ (AWS) over traditional onsite servers. Chief among them is the lower cost associated with cloud-computing platforms. But aside from the financial benefits of foregoing a physical IT infrastructure, AWS offers a myriad of other ways to save you money. In the following article, we’ll take a look at how you can utilize various features to easily reduce your AWS bill. We’ll also discuss how third-party vendors like CloudRanger can help lower your cloud-computing costs even further.

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In order to get the best value when using Amazons EC2 service, you should evaluate the following in order to get the best value from the EC2 pricing that suits your application and business needs. One of the most important things to consider when setting up your EC2 instances is what pricing type meets your applications needs best. You will also have to choose an EC2 instance type that will suit your compute needs. There is a wide range of instances available and each instance type will vary in price.

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If you are new to Amazon Web Services, you might be asking why it is so important to pick the right EC2 pricing option? Can I not just use on-demand? Is it really worth my effort exploring other options? Well, the idea of cutting your hourly instance costs for each instance running in AWS means it can keep you out of trouble and stay in good books with your boss and the finance department. With regards to managing your IT infrastructure, there is a constant struggle between optimizing costs and delivering features. In this blog, we are going to make it easier for you to stay out of trouble with your boss and select the best EC2 pricing options for your applications.

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