Cost Optimization
Reduce your AWS bills by up to 40% with proven cost optimization strategies
Cost Optimization Services
Maximize the value of your cloud investment. We help organizations reduce AWS spending while maintaining performance and reliability.
Cost Optimization Assessment
Current State Analysis
We begin by understanding your spending patterns:
- Billing Analysis: Review last 6-12 months of AWS invoices
- Resource Inventory: Catalog all AWS resources in use
- Usage Patterns: Identify underutilized and over-provisioned resources
- Reservation Analysis: Evaluate RI and Savings Plan utilization
- Opportunity Identification: Find quick wins and long-term savings
Cost Optimization Roadmap
Prioritized action plan based on impact:
- Quick Wins (0-30 days): Immediate savings opportunities
- Medium Term (30-90 days): Structural changes
- Long Term (90+ days): Architecture optimization
- Ongoing: Continuous improvement processes
Cost Optimization Strategies
Rightsizing
Match resources to actual workload requirements:
- EC2 Instances: Analyze CPU/memory utilization, recommend smaller sizes
- RDS: Right-size database instances based on metrics
- EBS: Convert GP2 to GP3 for better price-performance
- ELB: Switch to Application Load Balancer where appropriate
- Lambda: Optimize memory allocation for cost efficiency
Reserved Instances & Savings Plans
Commitment-based discounts for predictable workloads:
- Compute Savings Plans: Up to 66% savings on EC2 and Fargate
- EC2 Instance Savings Plans: Flexible instance type and size
- Standard RIs: Maximum savings for steady-state workloads
- Convertible RIs: Flexibility to change instance types
- Scheduling: Auto-scaling with RIs for time-bound workloads
Spot Instances
Significant savings for fault-tolerant workloads:
- EC2 Spot: Up to 90% savings on interruptible workloads
- Spot Fleets: Diversify across instance types
- Fault-Tolerant Design: Handle interruptions gracefully
- Use Cases: Batch processing, CI/CD, testing, rendering
Storage Optimization
Reduce storage costs while maintaining availability:
- S3 Lifecycle Policies: Transition to cheaper tiers over time
- S3 Intelligent-Tiering: Automatic cost optimization
- EBS Snapshots: Clean up old snapshots, use lifecycle policies
- ** Glacier**: Archive rarely accessed data
- EFS: Evaluate if S3 is a better fit
Database Optimization
Database-specific cost reduction:
- RDS Reserved Instances: Commit for predictable workloads
- Aurora Serverless: Pay-per-use for sporadic workloads
- Read Replicas: Offload read traffic to cheaper instances
- Multi-AZ: Evaluate if single AZ is sufficient for dev/test
- Migration: Consider open-source alternatives (PostgreSQL, MySQL)
Network Optimization
Reduce data transfer costs:
- VPC Endpoints: Avoid NAT Gateway costs for AWS services
- S3 Transfer Acceleration: Faster, cheaper for long-distance transfers
- Direct Connect: Discounted data transfer rates
- CloudFront: CDN to reduce origin transfers
- PrivateLink: Secure, cost-effective service connectivity
Cost Monitoring & Governance
Visibility & Accountability
- Cost Allocation Tags: Tag resources by department, project, environment
- Budgets & Alerts: Set spending limits and notifications
- Cost Explorer: Analyze trends and forecast future spending
- Anomaly Detection: AWS Cost Anomaly Detection for unusual spikes
- Dashboards: Custom cost views for stakeholders
Automation
- Auto-Scaling: Scale down during off-hours
- Scheduled Actions: Stop dev/test instances automatically
- Lambda Functions: Clean up unused resources
- CloudWatch Events: Trigger actions based on metrics
- Infrastructure as Code: Enforce cost policies in templates
Typical Savings
| Area | Potential Savings |
|---|---|
| EC2 Rightsizing | 20-40% |
| RIs/Savings Plans | 30-60% |
| Spot Instances | 70-90% |
| Storage Optimization | 40-60% |
| Database Optimization | 25-50% |
| Network Optimization | 30-50% |
Case Studies
SaaS Company
- Challenge: $50K monthly AWS bill with 40% waste
- Solution: Implemented RIs, rightsized instances, added scheduling
- Result: Reduced to $32K/month (36% savings)
E-commerce Platform
- Challenge: High data transfer costs
- Solution: Implemented CloudFront, optimized S3 usage
- Result: 45% reduction in data transfer costs
Startup
- Challenge: Unpredictable development costs
- Solution: Tagging, budgets, scheduled shutdown
- Result: Dev/test costs down 60%
Why CloudVantage?
- ROI Focus: Average 35% cost reduction for our clients
- No Performance Trade-off: Optimize without sacrificing reliability
- Continuous Improvement: Monthly reviews to maintain savings
- Transparent Pricing: Clear fee structure, aligned incentives
Get Started
Start saving on your AWS bill today. Contact us for a free cost optimization assessment.
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