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AWS Cost Explorer VS Amazon CloudWatch

Compare AWS Cost Explorer VS Amazon CloudWatch and see what are their differences

AWS Cost Explorer logo AWS Cost Explorer

Cloud Cost Management

Amazon CloudWatch logo Amazon CloudWatch

Amazon CloudWatch is a monitoring service for AWS cloud resources and the applications you run on AWS.
  • AWS Cost Explorer Landing page
    Landing page //
    2022-01-31
  • Amazon CloudWatch Landing page
    Landing page //
    2023-03-26

AWS Cost Explorer features and specs

  • User-Friendly Interface
    AWS Cost Explorer provides a visually appealing and intuitive interface, making it easier for users to navigate and understand their cost and usage data.
  • Detailed Cost Analysis
    It offers extensive filtering and grouping options, allowing users to perform a detailed analysis of costs by service, linked account, or even tags.
  • Custom Reports
    Users can create custom reports to meet their specific needs, such as tracking monthly cost trends or predicting future costs based on historical data.
  • Cost Allocation
    The tool supports cost allocation tags, enabling users to allocate costs to different departments, projects, or other business units, facilitating more accurate budgeting.
  • Forecasting
    AWS Cost Explorer includes predictive features, allowing users to forecast future costs and usage based on historical data, which aids in proactive budget management.
  • Integration
    It integrates well with other AWS tools and services, providing a more cohesive experience for managing and analyzing AWS costs.

Possible disadvantages of AWS Cost Explorer

  • Complexity for Beginners
    The detailed features and options might be overwhelming for beginners who are not familiar with cloud cost management.
  • Cost
    While some features of AWS Cost Explorer are free, advanced capabilities and detailed reports could incur additional costs, which might be a concern for small businesses or startups.
  • Limitations in Customization
    Some users have reported limitations in the customization of certain reports and dashboards, restricting their ability to tailor the tool to their exact needs.
  • Data Latency
    There can be a delay in data processing, meaning the most current usage and cost data might not be immediately available for analysis.
  • Learning Curve
    Despite having a user-friendly interface, there is still a significant learning curve to fully utilize all the features and insights AWS Cost Explorer offers.
  • Limited Non-AWS Integration
    The tool primarily focuses on AWS services and might have limited integration or visibility into costs associated with non-AWS services.

Amazon CloudWatch features and specs

  • Comprehensive Monitoring
    Amazon CloudWatch offers extensive monitoring capabilities for AWS resources, applications, and services, providing real-time insights into system performance and operational health.
  • Scalability
    CloudWatch can handle monitoring data for resources at any scale, from small test environments to large-scale production deployments, easily scaling with your AWS infrastructure.
  • Seamless AWS Integration
    As a native AWS service, CloudWatch integrates seamlessly with other AWS services like EC2, RDS, S3, and Lambda, simplifying the process of setting up and managing monitoring.
  • Custom Metrics
    Users can publish their own custom metrics, allowing them to monitor specific data points relevant to their use case, in addition to the default metrics provided by AWS services.
  • Automated Actions
    With CloudWatch Alarms, users can set predefined thresholds to trigger automated actions such as sending notifications, executing Lambda functions, or altering auto-scaling groups.

Possible disadvantages of Amazon CloudWatch

  • Cost
    Depending on usage, monitoring a large number of resources or high-resolution custom metrics can become costly, potentially impacting overall cloud expenditure.
  • Complexity
    Although CloudWatch is powerful, it can be complex to set up and manage, particularly for users not familiar with AWS terminology and monitoring concepts.
  • Limited Third-Party Integration
    While CloudWatch integrates well with AWS services, integration with third-party tools is not as seamless. This might require additional configuration or third-party solutions for comprehensive monitoring.
  • Lag in Metric Visibility
    There can be a slight delay in the visibility of data points, especially for high-resolution metrics, which may delay immediate troubleshooting and resolution.
  • Basic Dashboarding
    The default dashboards provided by CloudWatch can be quite basic and may not meet the advanced visualization needs of some users, requiring additional tools for creating more sophisticated dashboards.

Category Popularity

0-100% (relative to AWS Cost Explorer and Amazon CloudWatch)
Monitoring Tools
24 24%
76% 76
Log Management
29 29%
71% 71
Project Management
33 33%
67% 67
Auditing And Compliance
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare AWS Cost Explorer and Amazon CloudWatch

AWS Cost Explorer Reviews

35+ Of The Best CI/CD Tools: Organized By Category
AWS cost explorer gives you easy-to-understand visual tools to help you analyze and manage your AWS costs. You can sort and group your figures according to usage type and tags. Results can be viewed daily or grouped by month.

Amazon CloudWatch Reviews

35+ Of The Best CI/CD Tools: Organized By Category
Amazon CloudWatch is a detection solution for AWS cloud applications and other resources. For instance, you can use it to monitor Amazon services such as EC2. It will automatically alert and inform you of any anomalies it detects. Additionally, Amazon CloudWatch gives you the ability to track and collect metrics.
PagerDuty Alternatives
Amazon CloudWatch is a monitoring service for AWS cloud resources and the applications you run on AWS.
Source: zapier.com

Social recommendations and mentions

Based on our record, Amazon CloudWatch should be more popular than AWS Cost Explorer. It has been mentiond 71 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

AWS Cost Explorer mentions (22)

  • Starters Guide: End-to-End Guide to Building with LLMs on SageMaker
    Cost Management: Set billing alerts and monitor usage with tools like AWS Cost Explorer. - Source: dev.to / 3 months ago
  • Optimizing Costs in the Cloud: Embracing a FinOps Mindset
    When managing your cloud finances, following a budget plan is crucial to ensure you spend your money wisely. Utilize tools such as AWS Cost Explorer or third-party services such as Anodot to gain insights into your spending patterns, focusing on the costs associated with each team or service. - Source: dev.to / about 1 year ago
  • A beginner's guide to AWS Best Practices
    Get comfortable with using Cost Explorer - when costs spike it's important to understand how to drill down into costs. - Source: dev.to / over 1 year ago
  • IPV6 Migration Guide for Developers using AWS EC2 -- A Primer
    Once the EC2 migration is complete, review IPV4 address usage using VPC IP Address Manager And AWS Billing Cost Explorer (group By API to see EC2 networking costs). - Source: dev.to / over 1 year ago
  • API Update: Enterprise Level Tier for Large Scale Applications
    AWS quite literally has a Cost Explorer service , several articles on how to reduce costs, and support tiers that literally include working with Amazon on usage guidance. Source: almost 2 years ago
View more

Amazon CloudWatch mentions (71)

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What are some alternatives?

When comparing AWS Cost Explorer and Amazon CloudWatch, you can also consider the following products

AWS Budgets - Cloud Cost Management

Azure Cost Management - Monitor, allocate, and optimize cloud costs with transparency, accuracy, and efficiency using Azure Cost Management.

NewRelic - New Relic is a Software Analytics company that makes sense of billions of metrics across millions of apps. We help the people who build modern software understand the stories their data is trying to tell them.

VMware Tanzu CloudHealth - CloudHealth is IT service management for the cloud, enabling policy driven cost, utilization, performance and security optimization.

Datadog - See metrics from all of your apps, tools & services in one place with Datadog's cloud monitoring as a service solution. Try it for free.

Cloudability - Cloudability lets you monitor, manage and communicate your cloud costs with one easy tool.