Organizations face complexity in managing AWS spending. Effective AWS cloud cost optimization requires continuous resource monitoring using tools like Cost Explorer, and rightsizing via Compute Optimizer to match resource provisioning with actual demand. Adopting cost-effective pricing models—such as Spot Instances, Reserved Instances, and Savings Plans—can yield significant savings. Storage costs are minimized by selecting appropriate tiers, applying lifecycle policies, and automating transitions. Additionally, implementing AWS Budgets and alerts helps track spending and prevents budget overruns.
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