What are some effective strategies for reducing AWS costs?
There are several strategies you can implement to reduce AWS costs, such as using Reserved Instances, optimizing your storage, and leveraging AWS Cost Explorer.
Can you explain how Reserved Instances work?
Sure! Reserved Instances allow you to reserve capacity for a specific instance type in a specific region for a one or three-year term, which can save you up to 75% compared to on-demand pricing.
What about optimizing storage?
Optimizing storage involves using the right storage class for your data, such as S3 Intelligent-Tiering, and regularly reviewing your storage usage to delete unused data.
Are there any tools to help monitor AWS costs?
Yes, AWS provides tools like AWS Budgets and AWS Cost Explorer to help you monitor and manage your costs effectively.
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