Introduction to AWS Economics (2015)
Reducing Costs and Complexity
Investments Considered:
- Capital expenditures
- Operational expenditures
- Staffing
- Opportunity costs
- Licensing
- Facilities overhead
Expansion of Data Center or colocation footprint:
- Capacity planning
- Servers, hardware maintenance, pricing
- Utilization
- Average utilization rate
- Provisioning for peak load
- Operations
- Facilities, international expansion, utilities (electricity, cooling), and budgetting for peak time
- Optimization
- Automatic scaling, capacity reservation, quick infrastructure expansion costs
Advantages of Cloud Technology
- Decrease your TCO
- Reduce complexity
- Adjust capacity on the fly
- Reduce time to market
- Deploy quickly, event worldwide
- Increase efficiencies
- Innovate more
- Spend your resource strategically
- Enhanced security
AWS Economics
Benefits to the AWS users:
- Global operations
- High availability
- Low costs due to high volume
- Only pay for what you use
- Economies of scale
- Financial flexibility
Common cost drivers in a data center
- Server hardware
- Data center facilities costs
- Storage hardware
- Server hardware maintenance
- Network hardware