Book Image

FinOps Handbook for Microsoft Azure

By : Maulik Soni
Book Image

FinOps Handbook for Microsoft Azure

By: Maulik Soni

Overview of this book

To gain a competitive edge in today's unpredictable economic climate, you’ll need to unravel the mystery of saving costs on Microsoft Azure Cloud. This book helps you do just that with proven strategies for building, running, and sustaining repeated cost optimization initiatives across your organization. You’ll learn how to collaborate with finance, procurement, product, and engineering teams to optimize your cloud spend and achieve cost savings that can make a significant impact on your bottom line. The book begins by showing you how to effectively monitor and manage your cloud usage, identify cost-saving opportunities, and implement changes that’ll reduce your overall spend. Whether you're a small start-up or a large enterprise, this book will equip you with the knowledge and skills needed to achieve cost savings and maintain a lean cloud infrastructure. As you advance, you'll find out how to benchmark your current cloud spend and establish a budget for cloud usage. Throughout the chapters, you’ll learn how to negotiate with your cloud provider to optimize your rate, allocate cost for the container, and gain a solid understanding of metric-driven cost optimization. By the end of this FinOps book, you’ll have become proficient in Azure Cloud financial management with the help of real-world examples, use cases, and scenarios.
Table of Contents (19 chapters)
1
Part 1: Inform
6
Part 2: Optimize
11
Part 3: Operate

Benchmarking between teams

Scorecards are the best tool to benchmark the team’s performance to take action against objectives defined in the scorecard. It will allow you to find the teams who are performing and meeting the expectations versus teams that are maintaining the status quo. Depending on your organization’s goal, you can collaboratively create scorecards to measure teams. Here are three scorecards as an example:

  • Count of instances (VMs) versus containers versus serverless
  • Count of resources that have auto-scale policies
  • Reserved instances coverage

The first scorecard is Instances (VMs) versus Containers versus Serverless. This scorecard tells us which teams are still using IaaS VMs for their workloads. It’s a generally accepted practice that you can save money in the cloud by stepping up one level. If you are using IaaS VMs, refactor your application so that it can run on containers. If you are running your apps in containers, explore...