The AWS TCO (Total Cost of Ownership) Calculator is specifically designed to compare the cost of running applications in on-premises or colocation environments versus AWS. It helps organizations derive the costs associated with migrating artifacts from on-premise infrastructure to AWS by analyzing various cost factors including hardware, software, labor, and operational expenses.

Key points about AWS TCO Calculator:

• Compares on-premises/colocation costs with AWS costs
• Provides detailed cost breakdowns for migration planning
• Helps organizations understand the financial benefits of cloud migration
• Available at https://awstcocalculator.com/

Why other options are incorrect:

• AWS Config: Service for resource inventory, configuration history, and compliance auditing
• AWS Cost Explorer: Tool for analyzing AWS spending patterns and forecasting costs (for existing AWS usage)
• AWS Consolidating billing: Feature for managing billing across multiple AWS accounts