AWS Cost Explorer now provides 18-month forecasting and explainable AI-powered forecasts
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This article announces enhancements to AWS Cost Explorer, including extended forecasting capabilities and AI-powered explanations for cost projections.
- 18-month forecasting horizon extended from previous 12-month limit
- ML models now analyze 36 months of historical data instead of 6 months
- Improved identification of seasonal patterns and long-term growth trends
- New AI-powered explanations provide transparency into forecast methodology
- Accessible via AWS Cost Explorer console and GetCostForecast API
- AI explanations currently in public preview, console-only
These enhancements enable better annual budget planning, seasonal pattern analysis, and stakeholder communication for cloud cost management.
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