Managing your AWS bill
Optimizing your AWS resource allocation can help you minimize your AWS costs, but you can achieve more granular control over your AWS costs by setting alert thresholds and adding dashboards for your AWS billing data in LogicMonitor.
1. Set thresholds for your AWS Billing data
By default, LogicMonitor's AWS Billing datasources don't have any alert thresholds set because costs vary so much from case to case. You can set thresholds for your AWS services and regions that enable you to identify when you're close to exceeding your budget or your average monthly cost.
2. Set up an AWS Billing dashboard
Setting thresholds for your AWS Billing data can provide value for managing your monthly bill, but it can be equally as valuable to set up dashboards that paint a picture of how your AWS costs are trending. You can add widgets to show:
- which services are costing you the most - consider using a pie chart widget or an advanced custom graph widget to compare how much you're spending on each AWS service
- which regions are costing you the most - consider using a pie chart widget or an advanced custom graph widget to compare how much you're spending on services in each AWS region
- how this month's cost compares with last month's cost - consider using an advanced custom graph widget that spans the past couple of months to compare how your monthly bills compare to one another
- how close your costs are to any thresholds you've set - consider using a gauge widget to display the current cost of an individual service or region, or of all services or regions, and setting the gauge maximum value to the threshold for that cost metric
- any billing alerts that have been triggered - consider using an alert widget and filtering such that only alerts triggered for AWS billing are displayed
- total AWS costs incurred so far this month - consider using a big number widget to keep a close eye on your current total costs for the month
- AWS CloudWatch costs incurred so far this month - consider using a big number widget to display the costs associated with CloudWatch API calls made to your AWS account. Note that you can reduce the number of CloudWatch API calls made to your AWS account by increasing the polling interval for your AWS datasources