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Gartner analysts Craig Lowery and Brandon Medford remark that firms unwittingly squander up to 70% of cloud spending. Businesses must rely on solid governance and user behavior to control and optimize expenses. The primary causes of wasteful spending in the AWS Cloud Services are as follows: Over-provisioned, idle, and poorly managed cloud resources. AWS's cost optimization tools enable your company to reduce cloud computing costs while retaining the necessary performance and capacity. The following summarizes the primary tools for AWS Cloud cost optimization and management.