This course teaches you about cost savings and data center economics in relation to cloud computing. The modules cover the Cloud Value Framework pillars, cloud financial management key concepts and best practices, and the Migration Portfolio Assessment (MPA) tool. After completing all modules and passing the course assessment, AWS Partner Network (APN) Partners receive the AWS Cloud Economics Accreditation.

Course objectives

In this course, you will learn how to:

Explain the four pillars of the Cloud Value Framework and the framework’s partner value proposition

Explain why cost savings matters and show customers how they can lower their costs by migrating their workloads to AWS

Calculate and differentiate customers’ staff productivity as strategic versus tactical by migrating to AWS

Present components of operational resilience in the context of IT

Define business agility and how it allows businesses to innovate

Explain the key elements of cloud financial management

Explain four best practices of cost optimization

Use the Migration Portfolio Assessment (MPA) tool to show customers the cost savings and business value of migrating to the AWS Cloud

Course outline

This course covers the following concepts:

Module 1: Introduction to Business Value

Cloud Value Framework

Cost savings

Staff productivity

Operational resilience

Business agility

Module 2: Cost Savings Basics

Why cost savings matters

Lowering costs with AWS

Customer migration challenges

Module 3: Staff Productivity

Quantifying the impact AWS has on staff productivity versus traditional IT

Customer examples

Module 4: Operational Resilience

Four key areas of operational resilience

Benefits of improved operational resilience

Causes and impacts of downtime

How AWS mitigates operational failures

Customer examples

Module 5: Business Agility

Key performance indicators to measure business agility

How increased business agility allows for innovation and decreased risks and costs

Customer examples

Module 6: Cloud Financial Management

Four key areas of cloud financial management

Measurement and accountability

Cost optimization

Planning and forecasting

Cloud financial operations

Module 7: Introduction to Migration Portfolio Assessment (MPA)

Who should use the MPA tool

When and how to use the MPA tool

How to access the MPA tool

Module 8: Cost Savings with MPA

How to add and manipulate data with the MPA tool

Cost savings analyses with the MPA tool