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

Technical requirements

To complete the exercises in this chapter, you will need the same components specified in the previous chapter.

Knowing what you own

“Now that all our accounts are in one place, what should be our next step?” Ellia asks Jeremy as they discuss the next steps while eating lunch in the conference room.

Jeremy takes a bite of his sandwich and ponders to himself, “We have better control of our accounts… what should we have better control of next?” After swallowing his bite, he says out loud, “Do you know which things are running in our accounts?”

Ellia furrows her eyebrows and responds, “I don’t entirely. I have a general idea of what is running but nothing in detail.”

“Who would know? Maybe Ezra?”

“Ezra might know. But developers would definitely know since they are in those accounts almost every day. Well… at least, I hope they know. We can ask Ezra...