AWS helps you reduce costs and improve business value through various economic advantages.
Total Cost of Ownership (TCO)
TCO is a financial estimate that helps consumers and enterprise managers determine direct and indirect costs of a product or service. AWS helps reduce TCO by eliminating the need for large upfront capital expenditures and providing a pay-as-you-go model.
Pricing Fundamentals
AWS has three basic characteristics of paying for services:
- Pay-as-you-go: Pay only for what you use.
- Pay less by using more: Benefit from volume discounts.
- Pay even less when you reserve: Save up to 75% when you commit to a long-term contract.
Cost Management Tools
- AWS Cost Explorer: Visualize and manage your AWS spending over time.
- AWS Budgets: Set custom budgets to track your costs and usage.
- AWS Pricing Calculator: Estimate the cost of your architecture before building it.