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FinOps Handbook for Microsoft Azure

You're reading from   FinOps Handbook for Microsoft Azure Empowering teams to optimize their Azure cloud spend with FinOps best practices

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Product type Paperback
Published in May 2023
Publisher Packt
ISBN-13 9781801810166
Length 256 pages
Edition 1st Edition
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Author (1):
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Maulik Soni Maulik Soni
Author Profile Icon Maulik Soni
Maulik Soni
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Toc

Table of Contents (19) Chapters Close

Preface 1. Part 1: Inform
2. Chapter 1: Bringing Visibility and Allocating Cost FREE CHAPTER 3. Chapter 2: Benchmarking Current Spend and Establishing Budgets 4. Chapter 3: Forecasting the Future Spend 5. Chapter 4: Case Study – Beginning the Azure FinOps Journey 6. Part 2: Optimize
7. Chapter 5: Hitting the Goals for Usage Optimization 8. Chapter 6: Rate Optimization with Discounts and Reservations 9. Chapter 7: Leveraging Optimization Strategies 10. Chapter 8: Case Study - Realize Savings and Apply Optimizations 11. Part 3: Operate
12. Chapter 9: Building a FinOps Culture 13. Chapter 10: Allocating Costs for Containers 14. Chapter 11: Metric-Driven Cost Optimization 15. Chapter 12: Developing Metrics for Unit Economics 16. Chapter 13: Case Study – Implementing Metric-Driven Cost Optimization and Unit Economics 17. Index 18. Other Books You May Enjoy

Building a FinOps Culture

Without a process for actions, applied goals are never achieved. As we take the journey into the Operate phase, building a collaborative culture across various business boundaries is essential for the continued success of FinOps practice.

The culture of FinOps is collaboration. It is the FinOps team’s responsibility to bring the stakeholders together and prepare a business plan that clearly articulates savings opportunities. Building such a team requires management buy-in. Management must be fully convinced that establishing a Center of Excellence (CoE) for cloud cost management is the way to control and optimize cloud costs in the modern world. Engineers nowadays can create cloud infrastructure with automation tools such as Terraform, without realizing the total cost of ownership of that infrastructure. And it is only the FinOps team who can glue together the finance, business, product, and engineering teams to spend money on what matters the most...

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