When we start working on Amazon Web Services (AWS) we might ask ourselves how to start with the task of managing and optimizing our AWS EC2 service costs and budget.
A good place to start would be the session about budget management with cloud economics by Orel from AWS:
"Cloud Computing lets you pay for what you actually use. How can you deliver innovation efficiently and cost-effectively? In this session, we will discuss the various options that will help you manage your costs, and developing a cost-conscious culture in the cloud. We will review a wide range of cost planning, monitoring and optimization strategies - Starting with the meaning of moving from CAPEX to variable IT expenses, to how you can optimize by using multiple purchasing options and how to monitor your operational expenses."
Great session! Highly recommended!!!