AWS Insiders Who Wants to Save a Billion Dollars?
17 snips
Aug 21, 2023 In this podcast, the hosts analyze over a billion dollars of AWS spending and share lessons on how to optimize costs. They explore a financial literacy platform, discuss AWS news, costs of deploying applications, decision-making for multi-region redundancy, and advantages of Aurora databases.
AI Snips
Chapters
Transcript
Episode notes
Patterns From $1 Billion Of AWS Spend
- CloudFix analyzed over $1 billion of AWS spend and derived broad patterns from thousands of customers and accounts.
- Large-scale bill analysis reveals repeatable cost-saving opportunities across compute, storage, network, and RDS.
Modernize And Right-Size Compute
- Modernize instances to the latest generation and right-size them to actual usage to cut EC2 waste dramatically.
- Start new workloads on Graviton and migrate Intel instances to AMD or Graviton for better price-performance.
Compute Utilization Is Shockingly Low
- Average compute utilization across customers is shockingly low: about 6% overall and as low as 2% for enterprise software firms.
- This indicates massive overprovisioning and opportunity for savings through better sizing and automation.