4 steps EdTechs can take to grow their profitability on AWS

This article provides a framework for EdTechs to improve their profitability on AWS by optimizing cloud costs and aligning pricing with the value they deliver to students and institutions.

Specifically, the article covers:

• Understanding the challenge of balancing innovation and cost management for EdTechs
• A four-step framework for applying Cloud Financial Management (CFM) best practices:
  1. Identify the 'unit-measure' for each application (e.g., cost-per-student)
  2. Review the application's cloud cost structure and derive the unit cost
  3. Review the sales pricing model based on unit costs and usage patterns
  4. Enhance the forecasting model using the insights from the previous steps
• An example from the EdTech company Wonde, which worked with AWS to analyze costs and usage
• Conclusion emphasizing the importance of a data-driven approach to optimize costs and enable growth