AWS Cost Management
AWS Cost Management is a suite of tools and services provided by Amazon Web Services to monitor, analyze, and optimize cloud spending. It includes features like cost allocation tags, budgeting, forecasting, and detailed usage reports to help organizations control their AWS expenses. These tools enable users to track costs across services, set spending alerts, and identify opportunities for savings through reserved instances or spot instances.
Developers should learn AWS Cost Management when working in cloud environments to ensure cost-effective resource usage and avoid unexpected bills, especially in scalable or multi-service architectures. It's crucial for DevOps teams, cloud architects, and financial operations (FinOps) practitioners to optimize spending, allocate costs accurately across projects, and maintain budget compliance in production systems.