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, you learned the basics of an AWS account and the benefits of using multiple accounts. Structuring your AWS accounts will depend on your organization. You might segregate accounts by BU, application, application function, or a combination of these, and more.

You learned how to manage your accounts with AWS Organizations, group them through OUs, and use AWS Control Tower to quickly set up a multi-account environment.

You further learned how billing works with AWS Organizations. You can view usage by account from the management account and take advantage of volume-tier discounts through aggregated use.

Organizing accounts is the first step toward reducing waste since all resources are associated with an account. Possessing good account hygiene helps find wasteful and lost resources that may become forgotten due to employee turnover or organizational changes.

Now that we have the foundation set with a multi-account environment, we can begin to understand...