This AWS whitepaper outlines best practices to lower cloud costs using the Well-Architected Framework’s cost optimization pillar. It emphasizes five areas: cloud financial management, expenditure awareness, cost-effective resources, demand-supply alignment, and continuous optimization. Recommendations include rightsizing compute, storage, and databases, purchasing Reserved Instances or Savings Plans for up to 72% savings, and using policy-driven automation to govern usage. A Cloud Center of Excellence drives accountability and best practices. Tools like Tanzu CloudHealth provide visibility, governance, and automated actions to cut waste and align spending with business goals.

Join for free to read