AWS Compute Optimizer vs. AWS Cost Explorer

AWS Compute Optimizer works well if you are using AWS as the core tech stack. If you are on mixed cloud deployments, then it is less appropriate because it can only give you a partial view. It might be helpful to use a tool that aggregates the usage and billing data from multiple platforms instead.

Incentivized

Detect sudden increases in spending and drill down to root causes. Review monthly AWS bills to identify top services and accounts driving costs. Monitor costs against budgets and set alerts to prevent overspending. Predict upcoming costs based on historical trends for financial planning. Allocate costs to teams or projects using tags and linked accounts. Check utilization of Reserved Instances or Savings Plans for optimization.

Incentivized

• Detailed analysis of resource uses
• Suggestion to reduce cost
• Easy to use

Incentivized

• Cost management
• Cost Recommendations
• Forecast
• Usage

Incentivized

• Although it works great for AWS services but they should give a third party cost add option
• Many features only work when there is large data available
• sometime suggestions are not relevant to business problem we address

Incentivized

• granular data such as Kubernetes usage, cost and optimization
• spot recommendations
• granular data such as AI usage, cost and optimization

Incentivized

Very good mature interface, keeping one scale point to improve further with interactive dashboard/report capabilites, etc. Good enough to work with the costs for FinOps, we can get almost all the cost analysis details at the same place, but a unit economics visibility at the same dashboard would be great

Incentivized

Although both work in the same manner I prefer AWS cause our department mostly work on AWS technologies and it really makes our life easy in terms of cutting cost and making our application efficient and it gives a whole understanding of resource utilization. I recommend AWS Cost optimizer to all.

Incentivized

AWS Cost Explorer is being used because it is fastest. All other third-party tools are taking almost 3 days to give correct costs; however, at AWS Cost Explorer, we are getting visibility in just 2 days. However, the gap is that we cannot have a visibility of unit economics in AWS Cost Explorer

Incentivized

• It has a very positive impact
• Reduced the cost by a significant amount
• Great understanding of resource utilization

Incentivized

• It is the foundation for FinOps - so all the cost optimization is possible because of visibility by AWS Cost Explorer.
• Quick cost visibility with ~2 days of delay to get complete cost

Incentivized