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You have just joined a company that recently migrated from on-premises to the AWS Cloud. Your team is currently focusing on building effective cost optimization and monitoring tools.Which tool can help identify irregular spend and identify root causes?Cost ExplorerAWS BudgetsSavings PlansAWS Cost Anomaly detection

Question

You have just joined a company that recently migrated from on-premises to the AWS Cloud. Your team is currently focusing on building effective cost optimization and monitoring tools.Which tool can help identify irregular spend and identify root causes?Cost ExplorerAWS BudgetsSavings PlansAWS Cost Anomaly detection

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Solution

The tool that can help identify irregular spend and identify root causes is AWS Cost Anomaly Detection. This service uses machine learning algorithms to continuously analyze your cost and usage data, detect unusual spending patterns, and provide root cause analysis. This allows you to quickly identify and respond to cost anomalies, potentially saving your company significant amounts of money.

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