Monitoring & Optimization

Cloud Cost Optimization

6min

Microtica's Cloud Cost Optimization Feature consists of powerful tools and functionalities, designed to help you optimize your AWS costs, improve cost efficiency, and make informed decisions for your cloud resources.

In this introduction, we'll explore the specific tools offered by this feature, how it provides accurate cost forecasting, any associated costs, how to access it, and the process of connecting your AWS account.

Tools and functionalities included in the Cloud Cost Optimization feature

The Cloud Cost Optimization feature includes:

  • comprehensive cost reports and actionable waste advisor recommendations,
  • cost exploration dashboards,
  • and automated saving schedules.

These tools work seamlessly together to help you identify cost-saving opportunities, and right-size instances, and make data-driven decisions to optimize your AWS spending.

Accessing the Cloud Cost Optimization Feature

To leverage the full capabilities of the Cloud Cost Optimizer feature, seamless integration with Microtica is essential. To get started, you'll need to deploy your cloud resources with Microtica's platform. This process allows you to access the Cloud Cost Optimizer feature within the Microtica ecosystem.

The Cloud Cost Optimizer feature is available for ALL resources deployed in your AWS account, not just the ones deployed with Microtica. So essentially you can save on your whole AWS bill.

Connecting Your AWS Account

To connect your AWS account securely, our simple setup process ensures that we can retrieve your AWS cost data. The integration enables the feature to analyze your AWS spending patterns and provide valuable insights, actionable recommendations, and accurate cost forecasts.

You can connect your AWS account by deploying a template or importing an application into Microtica, as this is part of the three-step process. You'll be prompted to add an AWS account.

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You can also integrate with your AWS account by navigating to your environment, selecting the Actions button on the right, and clicking on Connect AWS account.

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Any of these actions will initiate the creation of a CloudFormation stack that will give Microtica permissions to provision infrastructure on your AWS account. Once you create the stack, the connection will be established automatically.

For more information check out our documentation Connect an AWS account.

The permissions for the Cost Optimizer

Here is the link to the CloudFormation stack so you can see the permissions that Microtica needs for the Cost Optimizer feature.

Additional Cost

Access to the Cloud Cost Optimization feature is available to all Microtica users, and it's fully integrated into the different self-service pricing plans. We believe that cost optimization should be accessible to all our users; hence, it is included as part of our platform to enhance your overall cloud experience.

Updated 19 Aug 2024
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