AWS Cost Anomaly Detection: Identify and Address Cost Spikes

AWS cost anomaly detection is a newly introduced feature by Stream.Security aimed at helping users monitor and manage their cloud expenses more effectively. This tool enables real-time detection of cost spikes and unusual spending patterns, allowing users to address potential overruns before they escalate into significant issues by the end of the billing cycle. By analyzing historical and current usage patterns, it identifies anomalies that may indicate unexpected or excessive spending and provides detailed information about the resources causing these cost spikes. This level of insight helps users understand the reasons behind cost increases and take proactive measures to optimize their AWS costs. The feature is available by default to all Stream.Security customers using the cost module, and they can set up alerts for anomalies in usage patterns. Overall, this tool is designed to empower engineering teams to better manage their cloud resources, focusing on cost efficiency, resilience, and security, while Stream.Security emphasizes democratizing cloud costs and helping users avoid unexpected expenses.