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AWS Cost Explorer

Score8.1 out of 10

11 Reviews and Ratings

What is AWS Cost Explorer?

AWS Cost Explorer's interface is used to visualize, understand, and manage AWS costs and usage over time. Users can get custom reports that analyze cost and usage data, and analyze data at a high level (for example, total costs and usage across all accounts), or dive deeper into cost and usage data to identify trends, pinpoint cost drivers, and detect anomalies.

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Categories & Use Cases

Videos

Who Buys & Uses AWS Cost Explorer

Great value for money

Use Cases and Deployment Scope

I use it to review my cost usage for cloud workload and analyze the cost increase details that becomes the baseline for optimization. I also create custom reports to track various architecture modernization projects to validate savings. It also helps me in identifying the charging model that is being applied on my usage.

Pros

  • Clear filters path to review selected data
  • Relative comparision of cost with time
  • Easy to break the cost using Dimension field

Cons

  • More days of data beyond 14 days if cost is broken by Dimension as Resource
  • Interactive chart - Assume the dimension is service - so cost is showing bar chart with breakup by service - If i click on a S3 so it should automatically apply the filter as S3 for service.

Return on Investment

  • 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

Usability

Alternatives Considered

IBM Apptio and Microsoft Power BI

Other Software Used

IBM Apptio, Microsoft Power BI

Honest Review for AWS Cost Explorer

Use Cases and Deployment Scope

AWS Cost Explorer help us to gain visibility and control our cloud spending. It helps us analyze historical costs, track usage patterns, and identify trends across services, accounts, and teams. Cost Explorer also is extensively used for forecasting future expenses, setting budgets, and creating alerts to prevent overspending. For FinOps teams, it’s an essential tool for optimizing cloud resources, improving financial accountability, and driving cost efficiency across our organization.

Pros

  • Cost management
  • Cost Recommendations
  • Forecast
  • Usage

Cons

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

Return on Investment

  • Helped to meet the saving targets
  • Better transparency and financial accentuality
  • Detect issues

Usability

Alternatives Considered

IBM Apptio

Other Software Used

AWS Cost Explorer, IBM Cloudability, Azure Analysis Services