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Efficient Cloud FinOps

You're reading from   Efficient Cloud FinOps A practical guide to cloud financial management and optimization with AWS, Azure, and GCP

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Product type Paperback
Published in Feb 2024
Publisher Packt
ISBN-13 9781805122579
Length 446 pages
Edition 1st Edition
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Authors (2):
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Danny Obando García Danny Obando García
Author Profile Icon Danny Obando García
Danny Obando García
Alfonso San Miguel Sánchez Alfonso San Miguel Sánchez
Author Profile Icon Alfonso San Miguel Sánchez
Alfonso San Miguel Sánchez
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Toc

Table of Contents (21) Chapters Close

Preface 1. Part 1:Get Started with FinOps
2. Chapter 1: Introduction to FinOps Principles FREE CHAPTER 3. Chapter 2: Understanding How FinOps Fits into Cloud Governance 4. Part 2:Inform – How to Increase Cost Visibility
5. Chapter 3: Designing and Executing the Tagging and Naming Convention Strategies 6. Chapter 4: Estimating Cloud Solution Costs and Initiative Saving 7. Chapter 5: Improving Cost Visibility with Dashboards and Reports 8. Part 3:Optimize – How to Get the Most out of Cloud Resources
9. Chapter 6: Implementing IaaS Compute Optimization 10. Chapter 7: Implementing PaaS and Other Compute Optimization Initiatives 11. Chapter 8: Implementing Database Optimization 12. Chapter 9: Implementing Storage Optimization 13. Part 4:Operate – How to Set Up a Governance Model around Cloud Costs
14. Chapter 10: Designing and Implementing FinOps KPIs 15. Chapter 11: Defining New FinOps Roles and Processes 16. Part 5:Hands-On Cost Optimization with Real-Life Use Cases and More
17. Chapter 12: Case Studies for Cost Optimization 18. Chapter 13: Wrapping up and Looking ahead 19. Index 20. Other Books You May Enjoy

FinOps operational model

FinOps success is tied to the questions raised in the preceding section. We need to keep in mind that our stakeholders and sponsors will need those questions answered, and many more, before they agree on any serious commitment (in the form of budget, resources, and support) to the practice.

By thoroughly thinking about and answering these questions, we make sure to properly design and define the foundations of our practice, and essentially create a FinOps operating model that dictates how FinOps delivers value. This is the work that we are going to be covering throughout this chapter. Therefore, our FinOps operating model should at least include the following:

  • Organization model
  • Rollout and execution plan
  • Functions, capabilities, and processes
  • Roles and responsibilities
  • Governance

Let’s begin dissecting all of these components one step at a time. To start, in the next section, we will describe the different models of...

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