Tracking AWS Data Lake cost per analytics workload

In an enterprise data lake, multiple teams often use the data lake to run several business campaigns. Tying the cost to the business value it provides is crucial to assess the return on investment later.

It is essential to have a cost allocation strategy. There are multiple ways to build the systems, such as implementing cost allocation tagging to reflect business units that utilize the resources as well as closely monitoring the cost through set budgets, and building Cloud Intelligence dashboards such as Cost and Usage report and Cost Intelligence Dashboards.

This recipe will look at how to track cost per analytics workload. First, we will look at how to create tags and then at how to bulk-add tags for multiple resources using Tag Editor. Finally, we will use the cost categories.

Getting ready

Ensure that you can access AWS billing and cost services and discuss with stakeholders to create a strategy for monitoring costs...