Learning AWS Cost Anomaly Detection Benefits And Use Cases

Amazon offers a free service called AWS Cost Anomaly Detection that tracks your spending habits in order to identify unusual spending and offer root cause investigation

To assess spend anomalies for each AWS service separately, member accounts, cost allocation tags, or cost categories, follow this easy three-step setup

Investigate further to reduce false positives by better understanding your cost drivers based on seasonally aware trends (e.g. weekly)

Particular anomaly thresholds Receive notifications and set your own unique anomaly thresholds, either individually or on a weekly or daily basis

Show the daily cost trends Easily view daily expense trends in AWS expense Explorer, with the most important costs automatically filtered out

Keep yourself updated on spend irregularities by receiving automated detection alerts at your preferred frequency by email or Amazon SNS topic

After processing your billing data, AWS Cost Anomaly Detection checks your net unblended cost data (net costs after all applicable discounts are determined) for anomalies about three times a day