# **How AWS Management Services Optimize Cloud Costs and Performance**
Consequently, the modern economy with help of digitalization and technologies manage their stakes concerning the data storage and the IT solutions in the cloud services. The drive towards keeping costs low while achieving competitive advantage has led many organisations to consider Amazon Web Services (AWS) as their cloud of choice. AWS delivers a wide range of tools, services, and infrastructure; however, the task of managing AWS wisely is not an easy. Thankfully, AWS Management Services for cost and performance have been created to help businesses gain all the benefits they could from cloud computing.
## The Role of AWS Management Services:
**[AWS Management Services](https://www.aress.com/amazon-web-services.php)** is a group of tools and services which were developed to provide information on how businesses may manage resources used with the AWS cloud. Such services are cost control, performance evaluation, protection, and computerization. These services when implemented will aid the business in achieving the best cloud costs and better performance of its it infrastructure.
## 1. Cost Management Services:
This type of AWS services gives various tools to control, inspect, and manage the AWS cost. Many of these tools can be used to monitor costs in real-time, which will help businesses keep track of spending. By providing **[Predictive Analytics services](https://www.aress.com/predictive-analytics-services.php)** cost through cloud services, companies can estimate future cost and allocate their cloud spend more efficiently.

AWS Cost Explorer also enables business entities to easily compare and track their AWS expenses based on the services used, time and type of usage. From using this app, the users are able to get an overall picture of how they have been expending their money and thus be able to figure out areas that they can cut down their spending. Furthermore, AWS Budgets enable an organization to define its budgets and informs companies when they have reached their limits of expense in use of the cloud.
## 2. Performance Monitoring Services:
AWS Performance Monitoring Services thus allows businesses to continuously keep tabs of cloud resources in a bid to ascertain that they are optimally performing. With these tools, the business can simply understand how they are using its resources, know the progress it is making, and most importantly be able to detect problems before they affect the end consumers.
Amazon CloudWatch falls under AWS Performance Monitoring Services, which is monitoring and observability layers for AWS resources and applications. It has fine metrics where it warns and provides dashboards that may assist businesses in improving the cloud. In addition, CloudWatch Logs supports business to collect application, server, and service logs, which can be stored in general and analysed in one location.
## 3. Security and Automation Services:
AWS Security and Automation Services are a set of services that allows companies to protect their cloud environment, regulate entry, and automate processes. These services are useful in enhancing the operations of cloud while at the same time cutting on costs that may be incurred while setting up the cloud to respond more to automated solutions.
AWS Identity & Access Management (IAM) lets you control user accounts, allowing only those account holders who should have access to specific applications or data in your enterprise. Using it, one can set up and control the permissions, roles and users of the organization so as to minimize the vulnerability of organizations to intruders.
AWS Lambda allows businesses to execute code while avoiding the process of setting up or allocating server space. Business processes automation allows supporting the organizational decision-making within the scope of cloud computing by means of upgrading the resources, costs, and performance. Two more automation services provided to the businesses to develop the machine learning models, automate the business processes and manage the cloud cost effectively are AWS Step Functions and Amazon SageMaker.
## Conclusion:
The cost of the cloud and its performance should therefore be managed in order to enable organizations remain relevant and competitive. AWS Management Services offer a strategic coordination service to a company that empowers businesses’ administration of cloud solutions to facilitate increased strategical, efficient, dependable and secure formation of their IT architecture. When organizations want to harness the power of Cloud Computing the various services available include Cost Management Services, Performance Monitoring Services and Security and Automation Services to ensure that performance is gotten right at an affordable cost and businesses are enhanced.