Efficient cloud FinOps a practical guide to cloud financial management and optimization with AWS, Azure, and GCP

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 a...

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Bibliographic Details
Main Authors: Sánchez, Alfonso San Miguel, García, Danny Obando (Author)
Format: eBook
Language:English
Published: Birmingham Packt Publishing, Limited 2024
Edition:1st edition
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
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300 |a xx, 425 pages  |b illustrations 
505 0 |a Cover -- Title Page -- Copyright and Credits -- Dedication -- Contributors -- Table of Contents -- Preface -- Part 1: Get Started with FinOps -- Chapter 1: Introduction to FinOps Principles -- What is FinOps, and why do we need another buzzword? -- Why FinOps? -- Before the cloud -- The cloud comes into play -- A paradigm shift -- Hidden on-premises costs -- Back to the present -- The FinOps Foundation -- The three pillars of FinOps -- Inform -- Example (the Inform pillar) -- Optimize -- Example (the Optimize pillar) -- Operate -- Example (the Operate pillar) -- Summary 
505 0 |a Chapter 2: Understanding How FinOps Fits into Cloud Governance -- The Well-Architected Framework -- an introduction -- FinOps as part of bigger governance -- FinOps + Agile methodologies -- FinOps, Infrastructure as Code, CI/CD, and DevOps -- FinOps and change management -- Tailoring a FinOps approach for each organization -- Scenario 1 -- companies not yet in the cloud or beginning their journey to it -- Scenario 2 -- companies already in the cloud but not mature enough or that have non-optimized workloads -- Scenario 3 -- big companies with strong cloud maturity 
505 0 |a How to automate cost estimation -- Data sources selection -- Data consolidation -- Estimation calculation -- Change notification -- Data update -- Summary -- Chapter 5: Improving Cost Visibility with Dashboards and Reports -- Understanding cloud invoices and billing data -- Dashboards and reports -- The main differences between a report and a dashboard -- Key benefits -- Dashboards from another view -- simulators -- How to prepare cost evolution reports and dashboards and their importance -- Financial basics -- Tracking savings to initiatives and adding milestones -- Unit economics 
505 0 |a Separators -- Key fields to include -- Parent and child resources -- Creating a name generator -- Building a tagging strategy -- Style and format -- Simple and compound tags -- Creating a tagging strategy -- Automated tagging -- Cost allocation -- Summary -- Chapter 4: Estimating Cloud Solution Costs and Initiative Saving -- Technical requirements -- How to calculate the TCO for cloud solutions -- TCO introduction -- Cloud pricing calculators -- Pricing APIs from cloud providers and how to work with them -- Pricing APIs overview -- Estimating potential savings of cost optimization initiatives 
505 0 |a Scenario 4 -- companies focused on generating cloud cost savings -- Selecting the right tools for the job -- Base tools -- Market tools -- Other interesting tools -- Summary -- Part 2: Inform -- How to Increase Cost Visibility -- Chapter 3: Designing and Executing the Tagging and Naming Convention Strategies -- The importance of naming conventions and tagging in FinOps -- Why are naming conventions significant? -- Why are tagging strategies significant? -- Naming conventions versus tagging -- Naming convention and tagging enforcement -- Naming conventions for cloud resources -- Style and format 
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520 |a 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.  
520 |a What you will learn Examine challenges in cloud adoption and cost optimization Gain insight into the integration of FinOps within organizations Explore the synergies between FinOps and DevOps, IaC, and change management Leverage tools such as Azure Advisor, AWS CUDOS, and GCP cost reports Estimate and optimize costs using cloud services key features and best practices Implement cost dashboards and reports to improve visibility and control Understand FinOps roles and processes crucial for organizational success Apply FinOps through real-life examples and multicloud architectures Who this book is for This book is for cloud engineers, cloud and solutions architects, as well as DevOps and SysOps engineers interested in learning more about FinOps and cloud financial management for efficiently architecting, designing, and operating software solutions and infrastructure using the public clouds.  
520 |a Additionally, team leads, project managers, and financial teams aiming to optimize cloud resources will also find this book useful. Prior knowledge of cloud computing and major public clouds is assumed 
520 |a Explore cloud economics and cost optimization for Azure, AWS, and GCP with this practical guide covering methods, strategies, best practices, and real-world examples, bridging theory and application Key Features Learn cost optimization best practices on different cloud services using FinOps principles and examples Gain hands-on expertise in improving cost estimations and devising cost reduction plans for Azure, AWS, and GCP Analyze case studies that illustrate the application of FinOps in diverse real-world scenarios Purchase of the print or Kindle book includes a free PDF eBook Book Description 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.