AWS Certified Solutions Architect Associate SAA-C03 Practice Question
A financial team at a growing company needs to generate predictive spend reports for new applications set to launch the next quarter while also keeping an eye on ongoing services. Which service within the cloud provider platform should be utilized by the Solutions Architect to fulfill this requirement for cost forecast reporting?
The correct service to use in this case is AWS Cost Explorer because it allows users to create detailed and customizable reports that include both historical and forecasted data regarding cloud expenses. It can help the financial team understand future costs associated with new and existing cloud resources. While AWS Budgets assists in setting budget thresholds and alerts, it doesn't offer predictive reporting features. AWS Cost and Usage Report delivers comprehensive usage and cost data but lacks forecasting capabilities. Lastly, the AWS Pricing Calculator is designed to estimate costs prior to committing to services and does not produce past usage reports or future spend predictions.
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How does AWS Cost Explorer generate predictive spend reports?
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What other features does AWS Cost Explorer offer beyond predictive reporting?
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What are the differences between AWS Cost Explorer and AWS Budgets?