Strategies to Maximize Cost Savings with AWS EBS

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One of the most popular storage services in the AWS ecosystem is Amazon Elastic Block Store (EBS). It provides persistent, high-performance storage that can grow with your compute needs. Like all cloud services, costs can increase quickly if resources are not well managed. A significant part of your EBS expenses likely comes from unnecessary capacity in the form of over-provisioned volumes, unused snapshots, and ineffective storage use.

The good news is you can save a lot of money by optimizing your EBS usage without sacrificing performance. Let’s dive in!

1. Understand What Drives the Cost
Recognizing what you are paying for is the first step in optimization. EBS bills you for the storage you make available, not the data you keep on hand. Thus, 500 GB will still be charged for a volume that only contains 200 GB of data.
Pricing structures vary by volume type. For instance, according to AWS documentation, moving from gp2 to gp3 volumes can lower costs by up to 20% for similar performance levels. Snapshots are in fact backup copies of your volumes and can become costly over time if left unmanaged.

It is recommended to regularly review your volumes and snapshots using tools like AWS Cost Explorer or Trusted Advisor to see if they are contributing to your overall storage costs. That way, once you know where the money is going, you can be more strategic about that data.

2. Choose the Right Volume Type
Not every workload needs top-tier performance storage. Many organizations continue using older volume types because they are familiar, not because they are necessary.

AWS recommends gp3 for most general-purpose workloads since it provides baseline performance of 3,000 IOPS at a lower cost compared to gp2. For workloads that need high IOPS and consistency, such as databases or analytics engines, io2 or io2 Block Express might still be necessary. Matching your volume type to your workload is one of the simplest and most effective ways to control costs. Use performance metrics and testing rather than assumptions to guide your choices.

3. Right-Size and Remove Idle Volumes
Over time, cloud environments accumulate unused or oversized resources. In many audits, organizations discovered that 30 to 60 % of their EBS volumes were underutilized. Charges are still applied to unused volumes, particularly those that are disconnected from EC2 instances. When instances are launched, setting “Delete on termination” guarantees that storage is deleted along with the server when it is terminated.

Find volumes with extremely low IOPS or capacity usage by using Cost Explorer or AWS Trusted Advisor. You can save money right away by deleting or resizing them.

4. Automate Snapshot Management
Snapshots are important for backups, but keeping every snapshot forever leads to unnecessary storage costs.
A recent analysis by Astuto found that implementing snapshot lifecycle policies reduced storage expenses by nearly 30 % for several AWS users. Using AWS Data Lifecycle Manager, you can automate snapshot creation and deletion schedules.
You can also leverage EBS Snapshot Archive, which stores infrequently accessed backups at up to 75 percent lower cost than standard snapshot storage. These automated measures keep your backup costs predictable and under control.

5. Monitor and Tag for Visibility
You cannot manage what you cannot see. Effective tagging of EBS volumes and snapshots by project, team, or environment provides clear cost ownership.
AWS Compute Optimizer and Cost Explorer can show you exactly where you are overpaying. According to AWS’s own data, users who tag and review their EBS resources can reduce waste by 15 to 25 percent each year. Setting up automated alerts when a volume exceeds expected capacity or when snapshots go beyond retention limits helps catch inefficiencies early, before they affect your budget.

6. Explore Architectural Alternatives
Sometimes, the best way to save money is to step back and rethink how data is stored. Not all workloads require EBS.
If your data is rarely accessed, moving it to Amazon S3 Standard-IA or Glacier can result in savings of 60 to 80 percent, since EBS costs about $0.10 per GB per month, while S3 Standard-IA costs about $0.023 per GB.
Similarly, think about whether persistent EBS volumes are really necessary for temporary workloads. You may lessen your dependency on always-on block storage by using instance store volumes or by creating auto-scaling and data-lifecycle policies.

7. Build Cost Governance into Your Process
Cost optimization is not a short-term project but rather one that must be integrated into your team’s ongoing cloud operations. Establish a regular schedule to review the increasing quantity of cloud storage, changing resource snapshots, and the number of idle volumes. Assign responsibility to teams or individuals for each storage and compute resource so that optimization and cleanup become a part of the regular operations processes.
Simply adopting a governance model that includes monthly reviews can reduce total EBS expenditure by 10 to 20 percent within the first quarter. When everyone understands the financial impact of their storage habits, savings become consistent and scalable.

Conclusion
Although EBS is a crucial part of many AWS environments, it can easily result in higher costs if there are no limits or monitoring in place. Consistency and awareness are key to saving money.

Determine your cost model, choose a volume type that suits your needs, eliminate obsolete or forgotten resources, automate backups, monitor usage, and evaluate your architecture. By implementing these practices into your daily routine, you will enhance your AWS environment and reduce your EBS expenses.

Cost optimization is not only about spending less money, it is about using cloud resources wisely, and ensuring each dollar spent is contributing to performance, resilience, and business value.

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