5 minutes
Cost Management tackles the question of “how to save money?”, while Capacity Management answers “How do we meet the demand of traffic & usage through adding/upgrading services?“.
One way to save on compute services is by paying up in full or partially(Saving Plan), or by commiting to yearly contracts (RI), or by being flexible about availablity and interruptions to compute services (spot instances).
Plan schedules and execute your batch computing workloads across full range of AWS compute services, can utilize spot instances to save money.
It is a service which goes through your historic usage and suggests how to reduce costs and improve peformance, by using ML to analyze your previous usage history.
Automatically adds/removes EC2 servers to meet the current demand of traffic. Will save you money and meet the capacity since you only run the amount of servers you actually require.
Distribute traffic to multiple instances, can reroute traffic from unhealthy instance to healthy instance. Can route traffic to EC2 instance running in different AvailablityZones.
It is for easily deploying web applications without developers having to worry about understanding the underlaying AWS service. Similar to Heroku.