A company does not want to rely on elaborate forecasting to determine its usage of...

Cost optimization is the pillar of the AWS Well-Architected Framework that aligns with the requirements of not relying on elaborate forecasting and paying only for the resources that are used. The cost optimization pillar focuses on the ability of a system to deliver business value at the lowest price point. Cost optimization involves using the right AWS services and resources for the workload, measuring and monitoring the cost and usage, and continuously improving the cost efficiency. Cost optimization also leverages the benefits of the AWS Cloud, such as pay-as-you-go pricing, elasticity, and scalability. For more information, see [Cost Optimization Pillar] and [Cost Optimization].