Book Image

AWS FinOps Simplified

By : Peter Chung
Book Image

AWS FinOps Simplified

By: Peter Chung

Overview of this book

Much like how DevOps is a combination of cultural philosophies, practices, and tools that advocate a collaborative working relationship between development and IT operations, FinOps encourages the same collaboration between technology and finance team, making it key relationship to establish and maintain for any thriving business. This book will help you understand how organizations with a mature FinOps practice can decentralize cost ownership to developer teams and encourage cross-functional collaboration between business, finance, and technology, enabling speed, innovation, and business growth. You’ll focus on structuring your organization to form the right FinOps team, including a Cloud Center of Excellence, and learn how to implement practical cost savings measures with AWS tools to optimize costs in both the short as well as long term. By the end of this cloud FinOps book, you’ll be ready to implement a successful Cloud FinOps practice for your organization to get the best value from the AWS cloud for your workloads.
Table of Contents (18 chapters)
Free Chapter
2
Part 1: Managing Your AWS Inventory
7
Part 2: Optimizing Your AWS Resources
12
Part 3: Operationalizing FinOps

Maximizing efficiency with AWS Auto Scaling

We’ll begin by understanding auto scaling, which is the embodiment of elasticity in the cloud. After we define auto scaling, we’ll learn how you can leverage different auto-scaling policies and strategies to meet your workload requirements. Implementing auto scaling will be key in your cloud waste reduction efforts because it’s the closest thing to not paying for resources you don’t need. Let’s define what it is by looking at a simple example.

What is auto scaling?

Large social gatherings such as weddings, banquets, or even the Thanksgiving holiday celebrated in the United States (US) justify more than enough food to satisfy the esteemed guests. Normally, when preparing food for ourselves, we primarily provision enough food to satisfy hunger at a given moment.

Before the cloud, provisioning information technology (IT) resources reflected more of the social gathering approach to preparing food....