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

Block storage optimization

In this section, we will cover different strategies and ideas on how to achieve cost optimization when using block storage services. Let’s set the ball rolling by analyzing what we can do to optimize the size of our snapshots.

Snapshot optimization

With the differences between snapshots and backups already covered in the introductory sections of this chapter, let’s move forward and analyze different strategies to optimize snapshot usage.

So, the first point to take into consideration is to use snapshots when they are really needed. By considering this and eliminating snapshot waste, we can generate some savings by deleting some old snapshots whose life cycle has ended or orphaned snapshots.

Old snapshots

There are different strategies we can apply to keep track and remove old snapshots:

  • We could, in a reactive way, check for snapshots older than three months, for example (which is a reasonable time, taking into account...