Module 2 - AWS

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AWS Pricing Model

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18 Terms

1

AWS Pricing Model

AWS pricing is based on three main components - compute, storage, and outbound data transfer, with charges varying per hour/second, per GB, and per GB for outbound data transfer respectively.

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2

Pay for what you use

AWS follows a utility-style pricing model where you pay only for the resources you consume, allowing flexibility to start or stop using services at any time without long-term contracts.

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3

Reserved Instances (RIs)

Investing in _____ can lead to savings up to 75%, with options like All Upfront, Partial Upfront, and No Upfront Payments Reserved Instances offering different discount levels.

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4

Total Cost of Ownership (TCO)

TCO is a financial estimate that considers both direct and indirect costs associated with owning and running a system, helping in comparing on-premises versus cloud infrastructure costs.

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5

AWS Organizations

AWS Organizations is a free account management service that allows consolidation of multiple AWS accounts, providing benefits like centrally managed access policies, controlled access to services, and automated account creation.

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6

AWS Billing and Cost Management

This service helps in paying AWS bills, monitoring usage, and budgeting costs, offering tools like the AWS Cost and Usage Report Tool for optimization opportunities and the AWS Billing Dashboard for expenditure tracking.

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7

Month-to-Date Spend by Service

Shows the top services used and the proportion of costs attributed to each service.

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8

AWS Bills page

Lists costs incurred over the past month for each AWS service, with breakdowns by AWS Region and linked account.

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9

Cost Explorer Page

Allows visualization, understanding, and management of AWS costs and usage over time.

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10

AWS Budgets

Utilizes cost visualization from Cost Explorer to display budget status and provide cost forecasts.

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11

AWS Cost and Usage Report

Provides comprehensive information on AWS costs and usage, listing service category usage in hourly or daily line items.

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12

AWS Support

Provides complete support and resources for success.

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13

Technical Account Manager (TAM)

Offers guidance, architectural review, and continuous communication for planning, deploying, and optimizing solutions.

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14

AWS Trusted Advisor

Online resource checking for cost reduction opportunities and productivity increase.

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15

AWS Support Concierge

Billing and account expert offering quick analysis on billing and account issues.

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16

Support Plans

Basic, Developer, Business, and Enterprise Support plans based on workload types.

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17

Case Severity and Response Times

Classifies cases as Critical, Urgent, High, Normal, or Low based on impact on business functions and response times.

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18

largest discount on pay less when you reserve

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