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The Complete Guide to Understanding AWS Enterprise Discount Program (EDP)

AWS EDP (Enterprise Discount Program) is a pricing program offered by Amazon Web Services (AWS) to help organizations save money on their cloud computing costs. It involves significant edp commitment and offers private pricing. It is designed for larger organizations with significant cloud usage, offering discounts based on the organization’s overall spend. The program is …

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Horizontal vs. Vertical Scaling: Key Differences and the Right Path for Your Business

In this article, we will discuss the importance of scaling in business growth and how it can help companies stay competitive in the market. We will also explore the key differences between horizontal and vertical scaling, and their respective benefits and drawbacks. Lastly, we will provide some tips on how businesses can effectively implement scaling …

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The Importance of Scheduling EC2 Instances on AWS: Beyond Cost to a Greener Future

EC2 scheduling is worth mentioning whenever we start talking about AWS cost optimization or carbon emissions. The reason is simple. Its not a secret that services like AWS’s Elastic Compute Cloud (EC2), has transformed the way businesses operate and became widely used resource for more than 1 million of users. But, with these advancements comes …

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FinOps Maturity Model: tracking your cost optimization progress

In today’s rapidly evolving business landscape, organizations are increasingly adopting FinOps practices to optimize their cloud costs and enhance financial operational efficiency. The FinOps Maturity Model provides a framework to assess an organization’s level of maturity in various FinOps capabilities, enabling them to identify areas for improvement and chart a course towards achieving their financial …

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Capabilities of FinOps: effective cloud cost management

Cloud computing has revolutionized the way businesses operate, providing scalability, flexibility, and cost-efficiency. However, managing cloud costs can be a complex endeavor without proper oversight and control. This is where FinOps (Financial Operations) comes into play. FinOps is a practice that combines financial management principles with cloud operations to optimize costs and drive value from …

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FinOps cloud cost optimization framework: Domains overview

A FinOps Domain is a specific area or scope within an organization where financial operations (FinOps) practices are applied. It could be a department, a project, or a product line. The main goal of having FinOps Domains is to bring financial accountability and optimization to different parts of an organization’s operations. When adopting FinOps, every …

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5 ways to get your AWS cost estimate

Estimating AWS costs is crucial for effective budget planning, cost optimization, and decision-making. By getting an estimate of the costs associated with running your AWS resources, you can allocate your budget wisely, identify areas for cost optimization, compare different resource configurations, forecast future expenses, and make informed decisions. These estimates provide valuable insights into the …

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Unit economics applied to cloud cost

Understanding your business’ unit economics, including the cost of specific features, products, and customers, is crucial to making informed decisions that can drive profitability. For SaaS companies, there are several key unit economic metrics to monitor in order to identify opportunities and plan for the future. Metrics required for cloud cost analysis The first important …

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