10 AWS Services for AWS FinOps Engineers: Must-Know AWS Services for Efficient Financial Operations Management

As more and more companies move to the cloud, the demand for FinOps Engineers is increasing. FinOps Engineers are responsible for optimising cloud costs, ensuring financial accountability and visibility, and supporting business decision-making. In this article, we will discuss ten AWS services that FinOps Engineers should be familiar with in order to efficiently manage their organisation’s cloud resources.

1. AWS Cost Explorer:

AWS Cost Explorer is a tool that allows you to visualise and understand your AWS costs and usage. It provides insights into your cost and usage data, enabling you to identify cost trends, cost drivers, and areas where you can optimise your spending. FinOps Engineers can use Cost Explorer to create custom cost reports, analyse cost and usage trends over time, and forecast future spending.

2. AWS Budgets:

AWS Budgets allow you to set custom cost and usage budgets for your AWS services. You can set alerts to notify you when you exceed your budget thresholds, helping you to avoid unexpected costs. FinOps Engineers can use AWS Budgets to monitor their organisation’s spending, forecast future costs, and track progress towards their budget goals.

3. AWS Cost Anomaly Detection:

AWS Cost Anomaly Detection uses machine learning to identify anomalies in your AWS cost and usage data. It…