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

Optimizing block and file storage

File storage is similar to the way that a user would organize files on their personal computer. With file storage, you organize and represent data as a hierarchy of files in folders. Separately, block storage groups data into organized but evenly sized volumes. You can think of this in the same way as copy-pasting a bunch of files, images, videos, and other media files into an external hard drive. That hard drive functions as a block store. We’ll explore how to optimize block and file storage next.

Optimizing EBS

For many EC2 instances that you spin up, you can associate a block storage volume to that instance. You can imagine these storage volumes as attached hard drives on your local computer; you can purchase a 1 TB hard drive, attach it to your computer, and expand your storage space. Amazon Elastic Block Store (EBS) volumes are similar in this regard but have additional bonuses, such as the ability to elastically change the volume...