Best practices for AWS cost optimization in the UK

1. Best practices for AWS cost optimization in the UK With businesses moving their operations to cloud, the cost of using cloud services is an important factor to consider. Amazon Web Services (AWS) is a popular cloud service provider in UK, with many businesses using services to store data, run application etc. However, AWS costs can quickly add up, especially for businesses that are new to the platform or have complex cloud setups. Here are some of the best practices for AWS cost optimization. Monitor your AWS usage First step in AWS cost optimization is to monitor usage. AWS provides tools that allow businesses to monitor usage and identify areas where costs can be reduced. AWS Cost Explorer tool provides an overview of AWS usage and allows to analyze costs by service, region etc. By using Cost Explorer, businesses can identify resources that are costing them most and take steps to reduce those costs. Use AWS cost allocation tags AWS cost allocation tags allow businesses to tag resources with labels that reflect their business structure or cost centers. By using allocation tags, businesses can track AWS cost by department, project, or application which makes it easier to identify the department or applications that are responsible for the highest costs and can optimize those cost accordingly. Use reserved instances Reserved instances are a way for business to save money on their cost. By purchasing reserved instances, business can commit to use a specific instance type in a specific region for a period of time, usually one or three years. This allows business to lock in a lower hourly rate for their instances and save money in long term. Use auto scaling

2. Auto scaling allows businesses to automatically scale their resources up or down based on their usage. By auto scaling, businesses can ensure that they are only using the resources they need at any given time. This can help reduce AWS costs by preventing over-provisioning of resources. Optimize your storage Storage is a major cost while using AWS. To optimize storage costs, try using AWS Glacier for long- term storage of infrequently accessed data. You can also use S3 Object Life cycle policies to automatically change data to Glacier or remove it after a specific time period. In Addition, you can use S3 Intelligent-Tiering to automatically move objects between different storage tiers based on access patterns. Use AWS cost optimization tools AWS provides several tools to help business optimize their cost. AWS Trusted Advisor is a tool that provides recommendations on cost optimization, security, and performance based on usage. AWS Cost Anomaly Detection is a tool that uses machine learning to identify unusual spending patterns in AWS account. By using these tools, business can identify areas where costs can be reduced and take action accordingly. AWS cost optimization is an important for business using AWS Services. By monitoring usage, using cost allocation tags, using reserved instances, using auto scaling, optimizing your storage, and using AWS cost optimization tools, any service can reduce AWS costs and save money long term. AWS Consultants can help you reduce the cost and Implementing these best practices can help business optimize AWS costs and ensure that they are getting the most out of their cloud services. If you are in search of an AWS Consulting Company in UK then feel free to enquire with us.