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

Optimizing ML

To uncover how we can optimize our ML costs, we must first understand which tasks constitute an ML workflow. We’ll look at the various steps involved in a typical ML process. Then, we’ll apply optimization methods to those specific steps using the various capabilities in AWS. We’ll focus on how you can optimize your model-training costs and model-deployment costs with Amazon SageMaker.

Understanding an ML workflow

An ML workflow typically requires data exploration and then feature engineering (FE) to transfer data to a format that can be used by an ML algorithm. The algorithm reads the data to find patterns and learns in a sense to generalize patterns so that it can predict outcomes on new, or unknown, data. This is often referred to as model training—you’re applying some mathematical algorithm that may be known and used popularly or something you created yourself to data that is proprietary to you or your organization. The application...