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Cloud Solutions

AWS FinOps Cost Optimization – $2M Annual Savings

Industry
SaaS
Services
Cloud Solutions
Client
SaaS company

01Introduction

$4.8M AWS Bill with No FinOps Practice

02Problem Statement

  • SaaS company: $4.8M/year AWS spend growing 35% YoY; no tagging, no RI coverage
  • Engineering teams provisioning resources with no cost accountability
  • Finance unable to allocate cloud costs to products or business units
  • Challenge: cut spend 40% in 6 months without impacting platform performance
  • Goal: implement FinOps practice; real-time cost visibility per team

03Proposed Solution

Phase 1

Tagging + Rightsizing + Commitment Coverage Framework

  • AWS Cost Explorer + CUR exported to Athena + QuickSight
  • Mandatory tagging enforced via AWS Config rules and SCPs in AWS Organizations
  • Compute Optimizer recommendations ingested and triaged by service team
  • Reserved Instance and Savings Plans coverage analysis per account
  • Zombie resource detection: Lambda scans for unattached EBS, idle RDS, old AMIs

Phase 2

Optimization Execution by Category

  • EC2 rightsizing: 340 instances downsized; Graviton2 migration for 120 workloads
  • RDS: 18 oversized instances rightsized; Aurora Serverless v2 for dev environments
  • S3: Intelligent-Tiering enabled on 2.4PB; lifecycle rules for old Glacier archives
  • RI/SP: $1.2M in 1-year Savings Plans purchased (80% coverage target achieved)
  • Data transfer: CloudFront deployed for 6 origin regions; egress reduced 55%

04Technologies

AWS
Cost ExplorerCURCompute OptimizerSavings PlansTrusted Advisor
Analytics
Amazon AthenaQuickSight (FinOps dashboards)
Automation
AWS Lambda (zombie resource cleanup)Config Rules (tagging enforcement)
Governance
AWS Organizations SCPsAWS Budgets with SNS alerts
Reporting
Monthly FinOps report to CFO with per-team cost allocation

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