Introduction

The CloudFix Benchmark report provides users with insights regarding their AWS expenditure. One of the core features of this report is the 'Deviation' column, which visually indicates the divergence of an organization's spend compared to the global average spending. Understanding this deviation can provide actionable insights to better manage and optimize your AWS costs.

Pre-requisites

• Access to CloudFix via app.cloudfix.com
• Familiarity with AWS infrastructure costs

Instructions

1. Login to your CloudFix account.

2. Navigate to Reports > Benchmark.

3. The report is sorted with the services with your most ANNUAL SPEND at the top.

4. The column MY COMPANY SPEND represents the percentage of your organization's expenditure in a specific AWS service and GLOBAL AVERAGE SPEND shows the same value for the aggregation of all CloudFix customers.

5. The Deviation column shows an easy-to-understand graphical representation that indicates the difference percentage between your company expenditure in a specific AWS service and the global average.

6. Interpret the Deviation Values:

   • High: Divergence > 33%.
   • Medium: Divergence > 10% and =< 33%.
   • Low: Divergence <= 10%

<supportagent>
The Deviation percentage is calculated by comparing MY COMPANY SPEND and GLOBAL AVERAGE SPEND for a given service: take the larger of the two percentages and the smaller of the two, divide their difference by the larger value, and express the result as a percentage rounded to two decimal places. For example, if your company spend is 40% and the global average is 25%, the deviation is (40−25)/40 = 37.5%, which falls in the High band. If both values are 0%, the deviation is treated as 0 (Low).</supportagent>

Keywords

Benchmark, Deviation, Expenditure, Spend, Report