Welcome to the Pricing and Support section. The technology behind AWS is incredible, but if you cannot accurately estimate your costs and secure technical support when things break, your cloud project will fail.
In traditional IT, the finance department bought the hardware. In the cloud, developers spin up servers instantly, essentially spending company money with a single line of code. Therefore, financial awareness is now a mandatory skill for all developers and architects.
Over the next few lessons, we will cover the fundamental concepts of AWS economics:
As we discussed in the Benefits of the Cloud lesson, the biggest shift when adopting AWS is moving from Capital Expenditures (CapEx)—buying physical servers upfront—to Variable Expenditures (OpEx)—paying only for the computing time you actively consume.
Let's dive into exactly how those variable costs are calculated in the following chapters!
The cloud model transitions IT spending from heavy upfront Capital Expenditures (CapEx) to what type of expense?