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AWS: Essential Optimisation for Cloud Cost Management

Learn how to utilise AWS Cloud tools, resources, and services to improve your IT-based financial processes.

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  • Duration

    3 weeks

  • Weekly study

    4 hours
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Discover cost-effective IT solutions to maximise cloud efficiency and usage

The Cloud has revolutionised the way organisations manage their finances. On this three-week course, you’ll explore the solutions AWS has developed to optimise Cloud financial management processes and discover how they can enhance your organisation’s financial efficiency.

Improve financial data analysis and budget management with AWS training and certification

With AWS, you have the tools and resources to track and enhance your financial frameworks. This course will introduce you to a variety of services created by AWS and how to employ them.

With these tools in your skill set, you’ll be able to monitor costs and usage data and improve control with consolidated billing options and enhanced access permission.

Enhance your financial business operations with strategically optimised Cloud solutions

AWS services can help estimate costs before initialising processes and reduce costly errors due to lack of foresight.

On this course, you’ll discover how ongoing monitoring allows you to track running costs, with alerts and analysis to help you increase efficiency and work within budgets and forecasted thresholds.

With access to tools such as AWS Cost Explorer, you’ll be able to visualise and manage your AWS Cloud costs and usage and explore ways to optimise these outgoings.

Learn best practice for your cloud-based services from the experts at Amazon Web Services

A strategically organised cost optimisation framework is key to maintaining a well-managed Cloud budget.

By the end of this course, you’ll understand how AWS services help monitor, analyse, and respond to Cloud costs. This knowledge will help you to employ IT solutions that support your organisation’s financial goals and maximise the efficiency of your Cloud technology.

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Skip to 0 minutes and 0 seconds (light music) - [Morgan] This course really exists because whenever you move from on-premises to the cloud, you have this big shift in the way that you procure and consume resources. So, this course is really to help you wrap your mind around exactly what changes and then how can you handle those changes and what services exist to help you see what you spend on AWS. So, this is about optimizing your costs as much as it is about understanding them. Week 1 of the course really starts at the beginning. We first lay that foundation of like, okay, what are we really talking about here? Then we talk about the four pillars of cloud financial management.

Skip to 0 minutes and 41 seconds And then we use the AWS pricing calculator to really show you how you can begin to estimate your costs in the cloud. Then starting in Week 2, we get more hands-on. So, we use things like AWS Cost Explorer. We cover AWS Organizations for using multiple accounts, and then we also cover AWS Budgets so that way you can get alerted whenever costs are approaching certain thresholds and we cover AWS Config which allows you to evaluate how you are tracking and tagging your different AWS resources. And then finally in Week 3, we cover an example architecture and we go element by element and we cover various strategies for cost optimization.

Skip to 1 minute and 23 seconds And then we wrap it all up at the end where we cover cost governance. This course is intended for people with a business or financial background who do know a little bit about the cloud, but you definitely don’t have to be an expert. That being said, you don’t necessarily need to be in business or finance to find this course useful. So, we have the video content, but there’s also readings where we expand more on what we did in the videos, which include links to relevant tutorials where you can then go practice in your own account if you would like. So, that’s something that I think is super valuable about this course.

Skip to 2 minutes and 1 second You have all this information spread out across the internet, and we are taking the pieces that us AWS experts think are the most relevant and then we’re putting it all in one place. So, I hope to see you in the course.

Syllabus

  • Week 1

    Welcome to Cloud Cost Management

    • Prepare for Cloud Cost Management

      This week, you will be introduced to fundamental concepts of traditional IT financial management versus cloud financial management. You will review the four pillars of cloud financial management and the AWS Pricing Calculator.

  • Week 2

    AWS Services for Cost Visibility

    • AWS Services for Cost Visibility

      You will learn about the AWS Billing console, which you can use to understand AWS spending. You will also be introduced to AWS Cost Explorer to manage your AWS Cloud costs and usage over time. Next, you will explore AWS Budgets.

  • Week 3

    Cost Optimization Strategies

    • Cost Optimization Strategies

      This week, you will be introduced to design decisions and how they impact cost. You will learn about pricing options for a couple of the AWS storage and database services, such as Amazon EBS and Amazon S3.

    • Final Assessment

      A practice assessment that includes questions from all topics and concepts discussed in prior weeks.

Learning on this course

On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.

What will you achieve?

By the end of the course, you‘ll be able to...

  • Differentiate between traditional IT financial management vs. cloud financial management.
  • Define the four pillars of cloud financial management.
  • Examine and adjust AWS costs based on best practices.
  • Understand how to estimate cost based on best practices.
  • Use AWS Billing and the AWS Costs and Usage Report to generate your AWS costs.
  • Learn how to visualize costs and usage with AWS cost explorer.
  • Observe multi-account structure with AWS organizations.
  • Learn the benefits of cost allocation and tagging.
  • Differentiate between Amazon EC2 pricing models and right sizing.
  • Describe various types of AWS storage and databases designed for different application requirements.
  • Identify AWS connectivity services and data transfer options to find the most cost-effective solution for transferring data in your architecture.
  • Define cost governance and data transfer.

Who is the course for?

This course is designed for those already in financial or IT-related roles who are responsible for managing cloud infrastructures within non-technical organisations such as enterprises, governments, or universities.

Who will you learn with?

Morgan Willis

Morgan Willis is a Principal Cloud Technologist based in the US. Morgan has a background in Software Development, technical training, and has earned 6 AWS Certifications.

Russ Sayers

Russ has been in the tech industry since the very early days of the web. After many years in software, Russ made the switch to education. He looks back fondly on the days of dial up internet.

Who developed the course?

AWS Training and Certification

Amazon Web Services (AWS) is the world’s most comprehensive and broadly adopted cloud platform, offering over 200 fully featured services from data centers globally. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—are using AWS to lower costs, become more agile, and innovate faster.

Learning on FutureLearn

Your learning, your rules

  • Courses are split into weeks, activities, and steps to help you keep track of your learning
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control
  • Complete 90% of course steps and all of the assessments to earn your certificate

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