AWS Cost Explorer now Supports Usage-Based Forecasts

Starting today, you can create custom usage forecasts using AWS Cost Explorer to gain a line of sight into your future usage patterns. Cost Explorer’s usage forecasts use a machine learning algorithm that learns your historical usage trends and uses that information to provide a forecast of your future usage. Using these forecasts, you can better understand your expected cost trends and monitor your key usage patterns (for example, storage, data transfer, or running hours). Please note that you can generate your usage forecasts and explore your cost and usage data programmatically via the AWS Cost Explorer API.