A startup has launched an online service, and the finance team wants to receive automatic alerts when projected AWS spending is about to exceed the budget they have set for the next quarter. Which AWS tool is specifically designed to meet this need by allowing you to define custom cost or usage thresholds and send notifications when those thresholds are reached?
AWS Budgets is built for setting cost, usage, Savings Plans, or RI utilization budgets and sending email or Amazon SNS alerts when actual or forecasted spending crosses a defined percentage or absolute value.
AWS Cost Explorer focuses on analyzing and visualizing historical and forecasted spend but does not provide alerting based on custom thresholds.
AWS Billing Conductor lets organizations create customized chargeback or showback billing models for internal or external customers but does not generate budget alerts.
AWS Pricing Calculator is a planning tool for estimating the cost of prospective architectures before deployment; it does not monitor live spend or send alerts.
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