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

Integrating Trusted Advisor with other AWS services

Trusted Advisor is one of many tools that you can use to monitor costs across your accounts. At the beginning of this chapter, we established that tools alone aren’t enough to leverage the long-term benefits of cost optimization. You need people and processes as well. In this case, the people involved are folks that constitute a centralized FinOps team. The process that we’ll outline here involves integrating Trusted Advisor with SM to provide a comprehensive view of cost optimization checks across your AWS Organization.

The first thing you’ll want to do is enable SM Explorer. You can create a customizable operations dashboard using SM Explorer to report on information about your AWS resources. This is helpful for a centralized FinOps function that requires a pan-account resource view to find opportunities to optimize. Although SM Explorer isn’t limited to only viewing cost-related components of your...