Two new features, "Optimized Recommendations and Execution History" and "Cost Group Budgeting," have been released in beta version.
Other enhancements also cover improvements to account registration and minor bug fixes.
New Feature: Optimized Recommendations and Execution History
16 Types of Recommendations
This release includes the following recommendations; however, please do take note that there will be more recommendations that we will be adding to the product in the future:
Purchase RI: EC2, RDS, Redshift, Opensearch, Elasticache
Purchase SP: Compute, EC2 Instance, Sagemaker
Rightsizing: EC2, EBS, ECS, Lambda
Upgrade: EC2, EBS
Migrating to Graviton: EC2
Stop or Delete Unnecessary Resources: EC2
Check the Underlying Data
We offer data to address questions like "Why is it possible to stop unnecessary instances?" You can view the latest cost trends, CPU usage, network traffic, etc. on the recommendation details page.
*Evidence data may not yet be available for some recommendations
Manage Performed Optimizations
You can keep track of implemented recommendations by marking them. Marked recommendations are shown on the "Optimization History" page, allowing you to monitor the cost savings achieved from running optimizations on daily, monthly, or yearly basis. This makes it easy to visualize the effects of optimizations and manage ongoing costs.
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New Feature: Cost Group Budgeting
You now have the ability to establish budgets for different expense categories. You can create multiple budgets and track their progress in real time. Additionally, you can set up alerts to be notified when a specific threshold (either a percentage or a fixed amount) is met.
Budget Progress and Cost Analysis
Budget management is simplified by visually comparing your actual and budgeted monthly expenses using a graph. This enables you to track your budget progress, analyze your actual spending, and make necessary adjustments.
Hassle-free Budgeting Based on Future Projected Cost
Set more accurate budgets based on historical usage data and forecasted future costs. You may select between two methods for setting your monthly budget: "Distribution" and "Cumulative."
Distribution: Enter a total budget for the period to be distributed equally each month.
Cumulative: You can set your budget for each month.
You can save the budget you are creating as a draft and resume it anytime, significantly reducing the time and effort required to make a budget.
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Budget Alerts Allow You to Keep Track of Progress and Take Timely Actions
You have the flexibility to set multiple alerts for each budget and receive notifications when certain thresholds are reached. For instance, you can opt to receive a Slack notification when costs reach $5,000 and an email notification when the budget progress reaches 20%. Different notification channels (email, Slack, MS Teams) can be utilized for each alert, providing adaptability in settings. Configuring multiple thresholds allows for a detailed understanding of progress and enables timely action.
Improved Account Registration Flow
The UI for registering a cloud vendor account has improved to make it more intuitive.
Minor Bug Fixes
Other minor bugs have been fixed.
We will continue to improve based on user feedback.