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

Summary

In this chapter, we covered topics that went beyond compute, storage, and networking. We saw how to apply cost-optimization methods for more advanced cloud-native environments including analytics and ML.

We unpacked AWS elasticity and what that means for architecting our workload. Take advantage of auto-scaling tools on AWS. These tools themselves are free. You only pay for the resources provisioned by scale-out activities and benefit by not paying for terminated resources from scale-in events. You learned about the various scaling policies and the difference between AWS Auto Scaling and Amazon EC2 Auto Scaling.

We then explored the realm of analytics. We found ways to optimize costs using compression, setting up the right data structure, and Redshift concurrency-scaling and workload management features.

Lastly, we learned about the various steps in a typical ML workload. We looked at ways to optimize data processing jobs using a managed service such as Amazon SageMaker...