Managing Costs for Amazon Bedrock

Overview

In today’s technology landscape, AI is here to stay, and organizations that fail to embrace it risk losing competitiveness. Amazon Bedrock provides powerful tools to help achieve these goals.

But the real challenge is riding the wave without breaking the budget along the way. In this course, Managing Costs for Amazon Bedrock, you’ll learn how to identify cost components and optimize workloads by implementing cost effective strategies without sacrificing performance.

First, you’ll explore Amazon Bedrock’s key cost drivers, breaking down how token-based charges, model invocations, and request frequency impact costs. Next, you’ll discover how different workload configurations impact costs and identify key areas for optimization, such as data transfer, API calls, and AWS integrations.

Finally, you’ll learn how to implement cost-saving strategies, including prompt engineering, response caching, and efficient resource allocation. When you’re finished with this course, you’ll have the skills and knowledge to manage costs for Amazon Bedrock to ensure high-performance AI solutions while maintaining cost efficiency.

Syllabus

• Introduction to Amazon Bedrock
Overview of Amazon Bedrock and its capabilities
Importance of managing costs in AI implementations
• Understanding Cost Components
Token-based charges
Model invocations
Request frequency and its impact on costs
• Identifying Key Cost Drivers
Analyzing workload configurations
Evaluating data transfer costs
Assessing API calls and AWS integrations
• Cost Optimization Techniques
Strategies for reducing data transfer costs
Optimizing API usage and invocations
• Implementing Cost-Saving Strategies
Introduction to prompt engineering
Techniques for response caching
Efficient resource allocation practices
• Practical Applications and Case Studies
Real-world examples of cost management in Amazon Bedrock
Analysis of successful cost optimization case studies
• Monitoring and Managing Costs
Tools and services for cost tracking within AWS
Setting up alerts and budgets to prevent overspending
• Course Wrap-Up
Key takeaways and final thoughts
Additional resources for continued learning
• Assessment and Certification
Course quiz to test understanding
Certification process and prerequisites

Taught by

Chris Espinoza

Subjects

Programming