Question #1414
A company needs to analyze historical AWS spending trends and predict future costs for the next quarter. Which AWS service provides both detailed historical data visualization and cost forecasting capabilities?
Cost Explorer
AWS Budgets
AWS Cost and Usage Report
AWS Organizations
Explanation
The correct answer is A. Cost Explorer because it is specifically designed to visualize historical AWS spending trends through customizable graphs and reports, and it includes built-in forecasting features to predict future costs based on historical data.
Why other options are incorrect:
- B. AWS Budgets: Focuses on setting custom cost/spending thresholds and sending alerts, but lacks detailed historical visualization and forecasting.
- C. AWS Cost and Usage Report (CUR): Provides raw, granular cost data but requires external tools (e.g., Amazon QuickSight) for visualization and forecasting.
- D. AWS Organizations: Manages multi-account governance and consolidated billing but does not include cost analysis or forecasting features.
Key Points:
- Cost Explorer offers pre-built dashboards for historical trends and future cost predictions.
- Forecasting in Cost Explorer uses machine learning to project quarterly costs.
- CUR is ideal for custom analysis but requires additional setup for visualization.
Answer
The correct answer is: A