Book Image

Efficient Cloud FinOps

By : Alfonso San Miguel Sánchez, Danny Obando García
Book Image

Efficient Cloud FinOps

By: Alfonso San Miguel Sánchez, Danny Obando García

Overview of this book

In response to the escalating challenges of cloud adoption, where balancing costs and maximizing cloud values is paramount, FinOps practices have emerged as the cornerstone of fi nancial optimization. This book serves as your comprehensive guide to understanding how FinOps is implemented in organizations worldwide through team collaboration and proper cloud governance. Presenting FinOps from a practical point of view, covering the three phases—inform, optimize, and operate—this book demonstrates an end-to-end methodology for optimizing costs and performing financial management in the cloud. You’ll learn how to design KPIs and dashboards for judicious cost allocation, covering key features of cloud services such as reserved instances, rightsizing, scaling, and automation for cost optimization. This book further simplifi es architectural concepts and best practices, enabling you to design superior and more optimized solutions. Finally, you’ll discover potential synergies and future challenges, from the integration of artifi cial intelligence to cloud sustainability considerations, to prepare for the future of cloud FinOps. By the end of this book, you’ll have built the expertise to seamlessly implement FinOps practices across major public clouds, armed with insights and ideas to propel your organization toward business growth.
Table of Contents (21 chapters)
Free Chapter
1
Part 1:Get Started with FinOps
4
Part 2:Inform – How to Increase Cost Visibility
8
Part 3:Optimize – How to Get the Most out of Cloud Resources
13
Part 4:Operate – How to Set Up a Governance Model around Cloud Costs
16
Part 5:Hands-On Cost Optimization with Real-Life Use Cases and More

Data transfer costs optimization

One of the more unknown and most hidden cost drivers in the cloud is data transfer costs. It is not easy to understand how they work, and it can be very time-consuming to keep them at bay and have some degree of control over them.

In this section, we will try to give some general insights on how to tackle this and avoid unwanted costs. Keep in mind that when working in the cloud, you are charged for egress and ingress traffic in and out of cloud services:

  • Data Transfer Ingress/Inbound: This is basically all the information that we load or move to cloud services, such as uploading a file to an AWS S3 bucket or an Azure Storage account. This traffic is often free, as cloud providers want their clients to upload as much information as possible to their cloud offerings
  • Data Transfer Egress/Outbound: This type of data transfer is the one we use when we download or transfer information from the cloud to other services or other cloud regions...