Category: Announcements

Today, we’re excited to announce the general availability of the authenticated AWS Pricing Calculator in the AWS Billing and Cost Management Console. The new capability improves the accuracy of cost estimates for new workloads or modifications to your existing AWS usage by incorporating eligible discounts and commitment savings. You can now easily model cost changes for things such as migrating workloads between regions, modifying existing or planning new workloads, and planning for commitment purchases.

Starting today, AWS Compute Optimizer delivers new recommendations for your Amazon Aurora DB clusters. Compute Optimizer analyzes the cost of your clusters and identifies opportunities to leverage Aurora I/O-Optimized cluster storage configuration to save cost and improve price predictability for your most I/O-intensive workloads.

While San Diego’s famous June gloom may have given FinOps attendees overcast skies, the energy inside the FinOps X conference was anything but gloomy. Within just 1.5 days, we engaged in many insightful conversations. As a return, we have brought with us several feature enhancements that will hopefully bring more sunshine to your day-to-day FinOps life.

AWS announced new capabilities in AWS Budgets that provides greater flexibility in how you track and manage your AWS spend. These enhancements include support for additional cost metrics (net unblended costs and net amortized costs), an ability to exclude specific dimension values when creating budgets (such as services, accounts, and instance types), new filtering capabilities for charge types for fine-grained control to include or exclude AWS Savings Plans (SPs) or Reservation (RI) upfront charges, recurring fees, taxes, and credits, and enhanced API functionality that supports filter expressions that are consistent with AWS Cost Explorer.

With re:Invent 2024 in the books, and over 50 launch announcements, here are four that we’re most excited about. The overarching theme of these launches appears to be leveraging Amazon’s automation capabilities to optimize costs and improve efficiency for customers.

With great pleasure, I am happy to share with you the ten features recently added to the AWS Cloud Financial Management portfolio of services. We hope that these ten new features will help accomplish your daily FinOps tasks more effectively. These new features are like our holiday gifts to you. Enjoy your holiday and these special gifts from us. We look forward to hearing about your experiences with them.

Today, we are excited to announce custom billing views, a new feature within AWS Billing and Cost Management that allows you to grant member accounts in your organization access to cost and usage view spanning multiple member accounts. Many of you have teams that own multiple AWS accounts and told us that you want to have a single view of cost data for each team. At the same time, you want to minimize the number of people who have access to the management account that owns the organization-level cost data. With the newly launched custom billing views, you can now make cost and usage data spanning multiple member accounts available to a designated member account in your organization. Let’s dive into how you can set this up.

Today, AWS announced Invoice Configuration, which provides you the ability to customize your invoices to fit your unique business needs. Invoice Configuration enables you to receive separate AWS invoices for each of your business entities such as subsidiaries, cost centers, legal entities, departments etc., while being a part of the same AWS Organization.

Invoice Configuration enables you to split AWS charges on a business entity level, designate a separate Invoice Receiver, and receive separate invoices for each of your business entities. This not only enables you to process your AWS Invoices faster, but also enables you to track funding for each business entity separately and enables you to customize your AWS Invoices to adhere with unique FinOps processes that you may have across your business entities.

Today AWS announced the general availability release of Data Exports for FOCUS 1.0. You can now create exports of your AWS cost and usage data with the FOCUS 1.0 schema with significant specification conformance improvements compared to the public preview released in June 2024. FOCUS (FinOps Open Cost and Usage Standard), supported by the FinOps Foundation, is an open-source cloud cost and usage specification that provides standardization to normalize cost and usage data and simplify cloud financial management across multiple sources. With Data Exports for FOCUS 1.0, you can easily aggregate, query, and analyze cost and usage data from various sources.

Today, we’re excited to announce the enhanced AWS Pricing Calculator that is now available as a public preview feature within the AWS Billing and Cost Management Console. The new capability provides accurate cost estimates for new workloads or modifications to your existing AWS usage by incorporating eligible discounts. You can now save time and improve the accuracy of cost estimation for migrating workloads from one Region to another, modifying existing or planning new workloads, and planning for commitment purchases. To get started, login into the AWS Billing and Cost Management Console and click Pricing Calculator under the “Budget and Planning” section in the left navigation, or go to the pricing calculator page and click the link “Log in to the AWS console to estimate your costs incorporating your discounts.”