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

Part 2: Optimizing Your AWS Resources

In Part 2, we will learn about the levers we can pull to realize actual cost savings and move toward eliminating waste. We will break this part into four categories. In Chapter 6, we will look at how to optimize compute costs. This means leveraging reserved instances, Savings Plans, spot instances, and AWS Compute Optimizer. Chapter 7 shows how to optimize storage costs using the right S3 storage tier, Ultra Warm storage, RDS Proxy, and EFS colder tier storage. Chapter 8 explores networking optimization such as lowering data transfer costs, leveraging VPC endpoints, and using Transit Gateways to reduce bandwidth. Chapter 9 provides other ways that customers can reduce costs beyond compute, networking, and storage.

This part of the book comprises the following chapters:

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