How can RI Reporting be integrated with other AWS services, such as AWS Cost Explorer or AWS Budgets, to improve cost management and tracking?

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AWS Service: Reserved Instance (RI) Reporting

Question: How can RI Reporting be integrated with other AWS services, such as AWS Cost Explorer or AWS Budgets, to improve cost management and tracking?

Answer:

RI Reporting can be integrated with other AWS services, such as AWS Cost Explorer and AWS Budgets, to improve cost management and tracking. RI Reporting provides data that can be used to optimize Reserved Instance (RI) utilization, and this data can be used to inform budgeting and cost tracking efforts.

For example, RI Reporting can be integrated with AWS Cost Explorer to view the cost savings that are being realized by using RIs. This can help to identify areas where RIs are being underutilized and where additional RI purchases can be made to further reduce costs.

Similarly, RI Reporting can be integrated with AWS Budgets to track the cost savings that are being realized from RI utilization against budgeted targets. This can help to ensure that RI utilization is aligned with budgeting goals and to identify areas where further RI purchases may be necessary to meet cost reduction targets.

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