1EC2 Rightsizing: The Biggest Impact
The most impactful AWS cost optimization strategy is rightsizing your EC2 instances. Many organizations run oversized instances due to conservative provisioning. Use AWS Compute Optimizer or BurnLessAI's AI-powered recommendations to identify the optimal instance types based on actual usage patterns.
2Reserved Instances & Savings Plans
Reserved Instances and Savings Plans offer significant discounts for predictable workloads. Savings Plans are more flexible than Reserved Instances, allowing you to change instance families within the same region. Use AWS Cost Explorer to identify your steady-state usage patterns.
3Storage Optimization
Storage costs can be 20-30% of your total AWS bill. Use S3 Intelligent Tiering for automatic data movement to cheaper storage classes. Regularly audit EBS volumes and RDS instances for rightsizing opportunities and unused resources.
4Lambda & Serverless Optimization
Lambda functions are often over-provisioned with memory. Use AWS Lambda Power Tuning to find the optimal memory allocation. Also, implement proper timeout settings and error handling to avoid unnecessary executions.
5Implementing BurnLessAI
Why Choose BurnLessAI for AWS?
- 95% accuracy in cost optimization recommendations
- Real-time monitoring and alerting
- Automated Terraform code generation
- Multi-cloud support with unified dashboard
BurnLessAI's AI analyzes your entire AWS estate to identify optimization opportunities across all services. Get personalized recommendations with confidence scores and automated implementation through Terraform modules.