Best Practices

Match supply and demand

Implement Auto Scaling

Stop Dev/Test resources when you don't need them

Go Serverless

Track your expenditure (Use tags on resources)

Cost Explorer to track and analyze your spend

AWS Budgets to trigger alerts

Choose Cost-Effective Solutions

Right-Sizing : Analyze 5 large servers vs 10 small servers

Use CloudWatch (monitoring) and Trusted Advisor (recommendations) to right size your resources

Email server vs Managed email service (charged per email)

On-Demand vs Reserved vs Spot instances

Avoid expensive software : MySQL vs Aurora vs Oracle

Optimize data transfer costs using AWS Direct Connect and Amazon CloudFront