A junior cost analyst at a tech startup is tasked with overseeing the organization's cloud expenditure. The analyst needs to configure alerts to notify the team when cloud spending exceeds a pre-set limit and to provide projections based on historical data. Which service should the analyst employ to fulfill these requirements?
The service suited for setting custom budget alerts and providing cost forecasts based on historical data is AWS Budgets. It can notify you when costs or usage are expected to exceed your budget thresholds, making it useful for preventing overspending and aiding in financial planning.
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