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Mastering the Fundamentals of AWS Cost Efficiency

White Paper Published By: Apptio
Apptio
Published:  Dec 09, 2019
Type:  White Paper
Length:  20 pages

Cloud spending accounts for a significant portion of IT spend and its only going to get bigger. According to IDC Research, by 2022 the compound annual growth rate is expected to reach 22.5%. Yet with all this growth, the cloud operating model is still developing, largely because traditional operating models no longer apply.

Operating and managing cloud infrastructure is vastly different from on-prem IT infrastructure. In that world, decisions are limited to a few people who make buying decisions once a quarter or year on a 3-5 year investment cycle.

In contrast, decision-making in the cloud happens in real-time and is distributed across technology, business and finance teams. Many companies, even if they operate in the cloud, are still using procurement and financial processes designed for on-prem, which translates into wasted resources and money.

Amazon Web Services (AWS) offers many ways to help you transition from an on-prem financial model to a cloud-based one. Well discuss them in this eBook and show you how to master the fundamentals of AWS cost efficiency, both through increased visibility and with strategies that optimize your cloud spend. Were going to structure these approaches around the foundational principles of FinOps.



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