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Fifth Pillar: Cost OptimizationΒΆ

  • Includes the ability to run systems to deliver business value at the lowest price point
  • Design principles
    • Adopt a consumption mode - Pay only for what you use
    • Measure overall efficiency - Use CloudWatch
    • Stop spending money on data center operations - AWS does the infrastructure part and enables customer to focus on organization projects
    • Analyze and attribute expenditure - Accurate identification of system usage and costs, helps measure return of investment (ROI) - make sure to use [[tags]]
    • Use managed and application level services to reduce cost of ownership - As managed services operate at cloud scale, they can offer a lower cost per transaction or service
  • AWS services