Module 2: Cloud economics and Billing Flashcards
(35 cards)
AWS Pricing model: Three fundamental drivers of COST with AWS
-Compute
-Storage
-Data Transfer
How do you pay for AWS?
Hint: 3 Ps
Pay for what you use
Pay less when you reserve
Pay less when you use more and as AWS grows
Pay only for the services that you consume, with no large upfront expenses.
Pay for what you use
Invest in Reserved Instances (RIs)
Pay less when you reserve
How much could you save up to when you reserve instances
75%
All three Options for reserved:
-All upfront Reserved Instance(AURI)
-Partial upfront Reserved Instance(PURI)
-No Upfront Payments Reserved Instance(NURI)
The Largest Discount is
AURI
The Lower Discount is
PURI
The Smaller Discount is
NURI
Pay Less by using more:
Realize volume-based discounts:
_______ as usage increases.
Savings
Pay Less by using more:
________ for services like Amazon
Simple Storage Service (Amazon S3),
Amazon Elastic Block Store (Amazon
EBS), or Amazon Elastic File System
(Amazon EFS) the more you use, the
less you pay per GB.
Tiered pricing
Pay Less by using more:
Multiple storage services deliver _____
storage costs based on needs.
lower
Pay even less as AWS grows:
AWS focuses on lower cost of doing business:
since 2006, AWS has lowered pricing ____times (as of september 2019)
75
There is no charge (with some exceptions)
for: (2)
- Inbound data transfer.
- Data transfer between services within the same AWS Region.
AWS service can be _____ and _____ anytime.
Start and stop anytime
AWS does not require: _______ contracts
long-term
is the financial estimate to help identify direct and indirect costs of a system.
Total Cost of Ownership (TCO)
Why use TCO?
To compare the costs of running _________________ on-premises versus on AWS
an entire infrastructure environment or specific workload
Why use TCO?
To budget and ________________ for moving to the cloud
build the business case
Use the AWS ______________ to:
Estimate monthly costs
* Identify opportunities to reduce monthly
costs
* Model your solutions before building them
* Explore price points and calculations
behind your estimate
* Find the available instance types and
contract terms that meet your needs
* Name your estimate and create and
name groups of services
AWS Pricing Calculator
AWS organizations:
4 key features and benefits
- Policy-based account
management - Group based account
management - Application programming interfaces
(APIs) that automate account
management - Consolidated billing
Security with AWS Organizations:
- Control access
with AWS Identity and
Access Management
(IAM). - IAM policies enable
you to allow or deny
access to AWS
services for users,
groups, and roles - Service control
policies (SCPs)
enable you to allow
or deny access to
AWS services for
individuals or group
accounts in an
organizational unit
(OU).
Organizations setup
Step 1 to Step 4
- Create Organization
- Create Organizational units
- Create service control policies
- Test restrictions
Accessing AWS Organizations:
- AWS Management Console
- AWS Command Line
Interface (AWS CLI) tools - Software development
kits (SDKs) - HTTPS Query application
programming interfaces
(API)
