Optimize AWS Lambda Costs with Automated Compute Optimizer Insights

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Right-sizing your resources in the cloud can significantly reduce costs. AWS Compute Optimizer helps analyze and optimize EC2 instances, EBS volumes, and AWS Lambda functions. For Lambda, it recommends the best memory allocation to minimize costs while maintaining performance.

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Automating AWS Lambda Optimization

Here’s how to automate cost optimization for AWS Lambda using Compute Optimizer, EventBridge, and SSM Parameter Store:

1. Enable AWS Compute Optimizer

aws compute-optimizer update-enrollment-status --status Active

2. Retrieve Lambda Optimization Recommendations

aws compute-optimizer get-lambda-function-recommendations --function-arns <YOUR_LAMBDA_ARN>

3. Automate Updates with EventBridge & SSM