TOGETHER WITH CLOUDZERO
Make AI Profitable Not Just Powerful
Use FinOps practices to tie AI spend directly to business value.
Learn how with the AI Cost Optimization Playbook.
AWS
Cut Your AWS Bill by 40% [CODE INCLUDED]
FinOps Core Goal: The main objective of FinOps is to bring financial accountability to your cloud spending, ensuring that every dollar spent delivers value rather than just slashing costs blindly.
Top Cost-Saving Strategies:
Savings Plans: You can save 30–60% by committing to a set hourly spend on compute resources. It is recommended to commit to 70–80% of your daily baseline spend to allow for architectural flexibility.
Spot Instances & Right-Sizing: Use Spot Instances for interruptible workloads (like CI/CD or stateless workers) to cut costs by 60–90%. Additionally, safely downsize over-provisioned instances if your average CPU usage sits below 20%.
Graviton Processors: Switching to AWS Graviton (ARM) chips can lower your compute costs by 20% while running 20% faster.
Storage Optimization: Set up S3 lifecycle policies to automatically move infrequently accessed data to cheaper tiers like Glacier. For active storage, upgrade EBS volumes from gp2 to gp3 for an instant 20% savings, and make sure to delete unattached volumes.
Networking: Replace expensive NAT Gateways with VPC Endpoints for internal AWS API calls to services like S3 and DynamoDB.
Building a Cost-Aware Culture: Cloud optimization is not a one-time project, but an ongoing practice. To succeed, teams need visibility through cost dashboards, budget alerts to prevent surprises, and weekly 15-minute meetings to review top expenses and maintain accountability.