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

Summary

With this chapter, we conclude the most technical part of this book and all the topics included in our Optimize pillar.

We have reviewed all the different kinds of storage that can be used in the cloud and how they work, as it is often difficult to fully understand it from cloud provider documentation in our experience. Apart from the introductory section in this chapter, which was full of storage concepts and options, we delved into how to apply different optimization initiatives and ideas for cost optimization related to Cloud Storage, highlighting the key topics to be aware of and showing examples at each step of the way.

We hope that, although technical and sometimes deep and lengthy, these chapters have proven to be useful for your future FinOps endeavors.

Having closed this big part of the book, we will cover the Operate pillar in the next chapters, where we will focus on proposing new KPIs to work on related to FinOps, as well as proposing how to set up new...