Cost optimization is the pillar of the AWS Well-Architected Framework that focuses on the return on investment of moving into the AWS Cloud. Cost optimization means that users can achieve the desired business outcomes at the lowest possible price point, while maintaining high performance and reliability. Cost optimization can be achieved by using various AWS features and best practices, such as pay-as-you-go pricing, right-sizing, elasticity, reserved instances, spot instances, cost allocation tags, cost and usage reports, and AWS Trusted Advisor. [AWS Well-Architected Framework] AWS Certified Cloud Practitioner - aws.amazon.com
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