SOLUTIONS

AWS Cloud Cost Optimization

Identify Your Security Gaps & Develop Remediation Steps

SOLUTION OVERVIEW

AWS Cloud Security Assessment

Greater visibility into your AWS environment for empowered spending decisions

Reducing technology spend is a significant benefit of operating in the cloud. However, cloud spend can steadily rise over time or even skyrocket without a cost-effective infrastructure, continuous oversight, and transparency into your cloud environment. 

As an AWS Premier Tier Services Partner with expertise in FinOps, cloud cost management, and AWS discount programs, Luxbill provides a combination of AWS cloud experts, tooling, and proven methods that give you transparency and control over your AWS usage, performance, and costs. On average, we save customers an extra 30% off their AWS bill.

Benefits of AWS Cost Optimization with Luxbill

We help you get the most out of your AWS investment

Luxbill knows AWS and what it takes to turn your AWS environment into an agile, scalable platform that drives financial and operational efficiencies.

Gain Access to FinOps Expertise

Your dedicated FinOps Cloud Analyst offers personalized and proactive financial guidance with actionable recommendations that drive informed decisions in managing your AWS performance and spend. FinOps Cloud Analysts also have expertise with Reserved Instances (RIs) and Savings Plans (SPs).

Optimize Your AWS Consumption

Controlling your cloud expenses begins with optimizing your resources. Luxbill continuously monitors your AWS environment and helps you eliminate waste by identifying underutilized, idle, redundant, and mismanaged resources. We also help you reserve capacity for higher discounts and size your computing services to scale.

Reduce Cost, Not Performance

Committed to your success, our AWS-certified team of cloud experts and engineers provide actionable recommendations aligned to your business objectives and hands-on support in implementing architectural and engineering improvements to boost performance and maximize your ROI.

Track & Control Your AWS Spend

Luxbill provides you with the industry-leading cloud management tool, CloudHealth by VMWare, with simplified billing and custom reporting capabilities that give you greater visibility and a better understanding of your AWS usage and spend.

Avoid Minimum & Long-Term Commitments

With the Luxbill Instant Discount Program (IDP), you get immediate guaranteed cost savings without minimum commitments and long-term financial risks. With IDP, you can immediately save up to 5% AWS bill.

Continuously Optimize Cost

Cost optimization is more than lowering your AWS bill. It’s also about aligning costs with business objectives. When objectives change as your business grows, so must your cost optimization strategies. Luxbill offers continuous monitoring, engagement, and consultation services that keep pace with your changing cost optimization needs.

What is FinOps?

While FinOps may look like shorthand for Financial Operations, the term originates from Finance and DevOps. FinOps emphasizes the importance of a collaborative relationship between business (finance) and engineering (development) regarding cost optimization and cloud financial management.

FinOps aims to enable businesses to get the most value from their AWS environment by connecting finance, business, and engineering teams to collaborate on cloud cost management strategies and decisions.

How Luxbill Leverages FinOps for Cost Optimization

FinOps is quickly becoming an industry-wide practice that helps organizations better understand and control cloud spending to promote a cost-conscious culture. We offer services like Luxbill Foundation and Luxbill One that feature access to CloudHealth by VMware and a dedicated FinOps Cloud Analyst that meets with you regularly to review your AWS activity and spend, followed by data-driven recommendations to optimize your AWS spend. The FinOps Cloud Analyst focuses on these four areas to ensure your AWS environment is fully optimized for cost and performance:

AWS Cost Optimization Areas of Focus

AWS Well-Architected Framework - Cost Optimization Best Practices

As an AWS Well-Architected Partner, Luxbill provides services and tools to help you put to practice the five AWS-recommended design principles for cost optimization:
 

Implement cloud financial management

Adopt a consumption model

Measure overall efficiency

Stop spending money on undifferentiated heavy lifting

Analyze and attribute expenditure

Cloud Financial Management is essential for financial success and business value acceleration in the cloud. Luxbill helps you become a more cost-effective organization by providing the expertise, programs, resources, and processes to manage your environment financially.
Pay only for what you need and use, and scale up or down as needed. For example, development and testing environments are only used for several hours every day. We can help you save by turning off/automating these resources.
Luxbill continuously measures your workload’s business output and delivery expenses. Then we use this data to calculate your benefits of functionality, expanding output, and lowering costs.
AWS handles data center tasks like racking, stacking, and powering servers. Our cloud managed services relieve the operational strain of managing your operating systems and applications. You get to focus on your business rather than IT infrastructure.
Luxbill makes it easier to identify and analyze the usage and cost of your workloads. Transparent attribution of IT costs to revenue streams and individual owners of various workloads help you measure ROI and enables workload owners a chance to optimize resources and lower costs.

Luxbill Financial Engineering Programs

By working with Luxbill, you’ll also be able to take advantage of these additional financial engineering programs that are proven to uncover even more savings off your AWS bill.
 

Instant Discount Program (IDP)

With Luxbill IDP, you can get guaranteed and immediate savings on your monthly AWS bill without a long-term commitment. With IDP, you gain access to Luxbill Foundation for additional cost optimization and governance.

AWS Enterprise Discount Program (EDP)

AWS EDP offers enterprise cloud users an appreciable, flat discount on AWS spend in exchange for a long-term commitment. Luxbill brings expert knowledge and proven experience in EDPs to help you save money, optimize future spending, and implement strong governance practices to improve value over time.

Reserved Instance Optimization (RIO) Program

Luxbill purchases Reserved Instances (RIs) and Savings Plans (SPs) on your behalf, so there is no contractual commitment, no upfront costs, and no risk to you.

AWS Private Pricing Agreement (PPA)

Private Pricing Agreements offer discounts for businesses with considerable spend and or longer-term commitments. Because of the highly individualized nature of Private Pricing Agreements with AWS, our team of AWS and cost optimization experts help you understand all the options and benefits available to you in the process. We support you in navigating the processes at AWS for getting a PPA negotiated and executed.

CUSTOMER SUCCESS STORY

Driven

Litigation support business Driven experienced a sudden and massive increase in its client data residing in the cloud, triggering an equally large spike in its AWS spending. Without the depth of internal resources to immediately match the rapid expansion of data under management, Driven sought assistance to properly optimize AWS services and control that spending. The company’s cloud infrastructure was bogged down with inefficiencies and ballooning costs. Partnering with Luxbill and its team of cloud analysts to lead its cost savings initiatives has reduced Driven’s monthly AWS bills by over $80,000 per month, with additional reductions to come.

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