Title

AWS re:Invent 2022 - TCO analysis with AWS services and Migration Portfolio Assessment (PEX202)

Summary

Speakers: Daniel de Andrade and Eric Coppena, Migration Partner Solutions Architects at AWS.
Main Topic: Total Cost of Ownership (TCO) analysis for migrating workloads to AWS.
Key Points:
- TCO is more than just server costs; it includes people, licensing, facility, networking, and storage costs.
- Goals of TCO include helping customers move to the cloud, comparing on-premises with AWS costs, and understanding the business reasons behind migration.
- Good TCO analysis involves infrastructure assessment, architectural design considerations, right-sizing, and pricing models.
- AWS offers tools like Migration Portfolio Assessment (MPA) and Migration Hub for TCO analysis and migration planning.
- MPA can be used in both the assess and mobilize phases of migration.
- The session included demonstrations of how to use AWS tools for data discovery, normalization, and visualization to expedite TCO creation.
- The speakers highlighted the importance of using the latest AWS features and pricing models to optimize TCO.
- They also discussed the Migration Acceleration Program, which provides funding for partners with migration competency.

TCO Analysis Complexity: TCO analysis is complex and requires a comprehensive approach that includes various cost factors beyond hardware, such as licensing and operational costs.
Tool Integration: AWS provides a suite of tools that integrate with each other, such as Migration Hub, Application Discovery Service, and Migration Evaluator, to streamline the migration process and TCO analysis.
Data Normalization: Proper data normalization is crucial for accurate TCO analysis. The MPA tool helps identify and correct data inconsistencies.
Customization and Scenarios: MPA allows for the creation of multiple scenarios with different assumptions, enabling a more tailored analysis that aligns with customer needs.
Latest AWS Features: Utilizing the latest AWS features, such as Graviton processors and new storage types, can significantly improve TCO outcomes.
Migration Acceleration Program: AWS offers financial incentives through the Migration Acceleration Program to support partners in the migration process.
Continuous Improvement: AWS's cloud economics team continuously updates assumptions and benchmarks in the tools based on ongoing assessments, ensuring up-to-date and accurate TCO analysis.
Training and Practice: AWS encourages hands-on practice and learning through events like Migration Immersion Day, which includes labs and guided instructions for using AWS migration tools.