Well Architected Framework: Cost Optimization
Get introduced to the cost optimizations associated with the well-architectured framework
We'll cover the following
Cost design principles
- Transparently attribute expenditure e.g. tell each business until their expense and work with them to lower their expense.
- Use managed services to reduce the cost of ownership.
- Trade capital expense for operating expense. E.g. instead of buying your own infrastructure use IaaS.
- Benefit from the economics of scale.
- Stop spending money on data center operations.
Four primary areas
- Matched supply + demand
- Cost-effective resources
- Expenditure awareness
- Optimizing overtime
Using the most effective type of AWS service both in terms of performance and cost.
A Well-Architect system will consider the customer needs at the same time keeping in mind what is most cost-effective.
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