This AWS Cloud Financial Management for Builders course is designed to equip participants with essential knowledge and skills for effectively managing finances in AWS cloud environments. Over the duration of the course, participants will delve into various financial management aspects specific to AWS services, enabling them to optimize costs, enhance resource utilization, and make informed decisions regarding cloud investments.
The course begins with an introduction to fundamental financial concepts in the context of AWS, covering topics such as cost allocation, pricing models, and billing mechanisms. Participants will then explore strategies for cost optimization, including rightsizing resources, leveraging pricing models such as Reserved Instances and Savings Plans, and implementing cost allocation tags.
Furthermore, the course provides insights into monitoring and analyzing cloud spending patterns using AWS Cost Explorer and other monitoring tools. Participants will learn how to interpret cost and usage reports, identify cost drivers, and implement cost optimization strategies accordingly.
Throughout the course, hands-on exercises and real-world scenarios will reinforce learning, enabling participants to apply financial management principles directly within AWS environments. By the end of the course, participants will be equipped with the knowledge and tools necessary to effectively manage finances in AWS cloud environments, ensuring cost-efficiency and maximizing return on investment.
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Upon completing the course, you will be able to:
• Understand the fundamental financial concepts and principles relevant to AWS cloud environments.
• Learn how to effectively allocate costs and track spending across various AWS services and resources.
• Explore strategies for optimizing costs, including rightsizing resources and leveraging pricing models such as Reserved Instances and Savings Plans.
• Gain proficiency in analyzing cost and usage reports to identify cost drivers and areas for optimization.
• Develop skills in implementing cost allocation tags and managing resource utilization to enhance cost efficiency.
• Learn best practices for budgeting and forecasting cloud expenditures to ensure financial predictability and control.
• Understand the implications of architectural decisions on cost and how to make informed choices to optimize spending.
• Explore advanced cost optimization techniques, such as utilizing AWS Cost Explorer and Cost Anomaly Detection, to identify cost- saving opportunities.
• Gain insights into the financial management aspects of cloud governance and compliance within AWS environments.
• Acquire the knowledge and tools necessary to develop and implement a comprehensive cloud financial management strategy tailored to organizational needs and objectives.
Skills You Will Acquire:
• Cost optimization techniques within AWS.
• Analysis of cost and usage data for efficiency.
• Implementation of cost allocation strategies.
• Utilization of advanced AWS cost management tools.
• Integration of financial management into cloud governance
• Cloud architects
• Financial analysts
• AWS solution architects
• Cloud engineers
• IT managers
• Business analysts
• Finance managers
• Operations managers
• Product managers
• Entrepreneurs
• Consultants
• Start-up founders
• Architecting on AWS.
• Introduction to Financial Management in the Cloud
• Four Foundations of Cloud Financial Management
• Tagging Cloud Resources
• Hands-On Lab: Cost Optimization - Manage Resource Usage Through Tagging and AWS Config
• AWS Free Tier Benefits
• Volume Discounts Explained
• Savings Plans vs Reserved Instances
• Demo: Exploring AWS Pricing Calculator
• Interpreting AWS Invoices
• Reporting and Strategic Planning
• Exploring AWS Cost Explorer
• Utilizing AWS Budgets
• Demo: Navigating AWS Billing Console
• Demo: Analyzing Costs with AWS Cost Explorer
• Demo: Leveraging Trusted Advisor
• Lab: Optimizing Costs - Implementing Ephemeral Environments with Amazon EC2 Auto Scaling
• Compute Efficiency Advancements Over Time
• Optimizing Amazon EC2 Instance Sizes
• Exploring Purchasing Alternatives
• Designing for Amazon EC2 Spot Instances
• Software Licensing Considerations
• Demo: Exploring Compute Optimizer
• Demo: Spot Instance Advisor Walkthrough
• Lab: Optimizing Costs - Adjusting Amazon EC2 Instance Sizes with Amazon CloudWatch Metrics
• Network Data Transfer Expenses
• Analyzing Data Costs Across Services
• Strategies for Managing Network Expenses
• Lab: Cost Optimization - Minimizing Data Transfer Costs with Amazon CloudFront and Endpoints
• Understanding Amazon EBS: Cost, Pricing, and Optimization Strategies
• Understanding Amazon S3: Cost, Pricing, and Optimization Practices
• Understanding Amazon EFS: Cost, Pricing, and Optimization Guidelines
• Lab: Cost Optimization - Managing Storage Costs with Amazon S3 Lifecycle Policies
• Amazon RDS: Cost Analysis, Pricing Models, and Optimization Strategies
• Amazon Aurora: Cost Evaluation, Pricing Structures, and Optimization Best Practices
• Amazon DynamoDB: Cost Considerations, Pricing Plans, and Optimization Guidelines
• Amazon ElastiCache: Cost Management, Pricing Options, and Best Practices
• Amazon Redshift: Cost Optimization, Pricing Strategies, and Best Practices
• Establishing AWS Organizations Infrastructure
• Exploring AWS Systems Manager
• Course Review
• Lab: Cost Optimization - Decreasing Compute Expenses with AWS Instance Scheduling
Is this course suitable for beginners in AWS?
Absolutely! This course caters to learners of all levels, from beginners to experienced professionals. For beginners, it offers a comprehensive introduction to AWS financial management, starting with fundamental concepts and gradually building up to more advanced topics. Even if you're new to AWS, the course provides clear explanations and hands-on exercises to ensure you can grasp the material effectively.
Will I receive a certification upon completion?
While this course doesn't offer a formal certification, the knowledge and skills you'll gain are invaluable. Instead of focusing solely on passing an exam, the emphasis is on practical application. By the end of the course, you'll have the expertise to navigate AWS financial management confidently and implement cost-saving strategies in real-world scenarios, which can be even more valuable than a certification.
Are there prerequisites for enrolling in this course?
While there are no strict prerequisites, having a basic understanding of AWS concepts can be beneficial. If you're familiar with cloud computing fundamentals or have worked with AWS services before, you'll likely find it easier to follow along. However, the course is designed to be accessible to learners with varying levels of experience.
How long does it take to complete the course?
The duration of the course is 3-days.
Are there any hands-on exercises or labs included?
Yes, the course includes hands-on labs and practical demonstrations to reinforce learning. These exercises allow you to apply the concepts you've learned in real AWS environments, giving you valuable practical experience that goes beyond theoretical knowledge.
Can I access course materials after completing the program?
Yes, participants have access to course materials for a specified duration after completion. This allows you to revisit concepts, review lectures, or access resources as needed. Additionally, you can continue to engage with the online community for support and discussion even after completing the course.
Is this course focused solely on cost optimization, or does it cover other financial aspects of AWS?
While cost optimization is a significant focus of the course, it covers a wide range of financial management aspects within AWS environments. In addition to cost optimization strategies, you'll learn about budgeting, forecasting, resource allocation, and interpreting billing and usage reports.
Will I learn how to interpret AWS billing and usage reports?
Absolutely! Understanding AWS billing and usage reports is essential for effective financial management. Throughout the course, you'll learn how to interpret these reports, analyze spending patterns, and identify areas for optimization. By the end of the course, you'll feel confident navigating AWS billing data and making informed decisions based on usage analytics.
Can I interact with instructors or ask questions during the course?
Yes, participants have the opportunity to interact with instructors through various channels. Whether it's through dedicated &A sessions, discussion forums, or email support, instructors are available to provide clarification, answer questions, and offer guidance throughout the duration of the course.
Will I be able to immediately apply what I learn in my workplace?
Absolutely! The course content is designed to be immediately applicable to real-world scenarios. From cost optimization techniques to interpreting billing data, you'll learn practical strategies and best practices that you can implement in your workplace right away. By the end of the course, you'll be equipped with the knowledge and skills to drive cost efficiencies and improve financial management within your organization's AWS environment