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

Identifying reservation opportunities for your workload

How do you identify what reservations to purchase? This is the first question FinOps teams ask before discussing rate optimization. And it is important to be prepared to provide recommendations for reservation purchases to help the engineering team to come up with a business case. In the next chapter, we will look at how to write an effective business case for cost optimization.

To help with reservation purchases, Microsoft has provided two key resources. The first is the Azure Cost Management Power BI app. This app is a templated Power BI online application that offers the VM RI Coverage (Shared and Single) report, which shows regions, Azure service usage by pay-as-you-go price versus reservation price, and reservation recommendations. Apart from that, it also covers the following:

  • Usage by subscriptions and resource groups
  • Top five usage drivers
  • Usage by services
  • Azure Hybrid Benefit for Windows Server...