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

Driving FinOps Autonomously

In the previous chapter, we laid the groundwork for creating and governing the right metrics for our FinOps purposes. We need data to track how well we are moving toward our FinOps goals. We used a framework to define how we will capture and manage that data through meaningful metrics. We also looked at doing this through a cross-functional, centralized team made up of various personas within our organization. We also took an introductory glance at using several AWS analytical tools to query and visualize our cost and usage data.

In this chapter, we’ll learn about more advanced techniques for leveraging these tools to help you drive FinOps for your organization. We’ll broaden our use of AWS services to incorporate messaging, application integration, and machine learning (ML) to make our FinOps efforts more robust.

In this chapter, we’re going to cover the following main topics:

  • Creating a self-service FinOps portal
  • ...