AWS Cost Anomaly Detection: Identify and Address Cost Spikes

Stav Sitnikov
March 22, 2023
2
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TL;DR

Nobody likes surprise increases in their AWS bill. To help you avoid surprise bills, we just released our AWS cost anomaly detection capability. This capability is designed to help you stay on top of your evolving AWS costs, and alert you when there are anomalies compared to previous spend.

With AWS cost anomaly detection, you can always remain in control of your cloud spending and can take action to optimize your resources whenever necessary.  

We are thrilled to announce the release of AWS cost anomaly detection, a new feature designed to help our users better monitor and manage their cloud costs. This new feature allows our customers to detect cost spikes and unusual spending patterns in real time, so they can identify and address potential cost overruns before they become a problem at the end of the billing cycle.

Get notified of AWS cost anomalies before they become a problem

With AWS cost anomaly detection, you can easily monitor their AWS usage and receive alerts when there are sudden increases in cost or unusual activity. The feature works by analyzing and comparing historical usage patterns to current usage, allowing Lightlytics to identify anomalies that may indicate unexpected or excessive spending.

One of the key benefits of this new feature is the ability to provide detailed information about the resource causing the cost spike. Users can view recent configuration changes and traffic data to help them understand why the cost spike occurred and identify the steps needed to address it. This level of insight allows users to take proactive measures to optimize their AWS costs and ensure they get the most out of their cloud investments.

All Lightlytics customers using the cost module have default access to this new capability, and they can set up alerts to notify them of anomalies in their usage patterns.

Overall, we are excited to offer this powerful new tool to our users. It will be an invaluable resource for anyone looking to manage their AWS costs more effectively. With AWS cost anomaly detection, you can always remain in control of your cloud spending and can take action to optimize your resources whenever necessary.

At Lightlytics, we are firmly committed to democratizing cloud costs and empowering engineering teams to take ownership of their cloud resources with a focus on cost, resilience, and security. Our platform lets you quickly detect idle, unused, and misconfigured resources immediately upon integration. By tracking your costs, you can proactively stay ahead of unexpected expenses and avoid the dreaded Zoom calls with finance. 😊  

Don't wait! Give it a try today and take control of your cloud resource costs like never before.

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