Should you buy a FinOps tool, build your own or use existing native tools?
If you were put in charge of FinOps in a large company, what would be your approach?
The FinOps Framework is well established, but I believe there's a flaw in its sequence of actions.
We could prevent half of the pain of the FinOps cycle with this simple principle
Implementing governance through cloud policy can be done at two levels. This article series discusses these options in detail.
Let me try my best to explain FOCUS in essence without sounding too nerdy!
By far, one of the most annoying tasks in FinOps, Forecasting. Where to start?
What would be your first FinOps task? Would you focus on cutting costs, training people, or something else? Let's explore what you should do.
Do you have continuous cycles of cost optimizations? Then you are fixing the problem symptoms, not the root cause.
Saving costs by optimizing cloud rates and usage. Is that really what FinOps about?
Does it really matter where commited base discounts are purchased? Let's explore this further.
What's your key success metric for Commitment-Based Discounts? Is it coverage, utilization, or both? Let's explore what each brings to the table.
Before you start tagging your cloud resources you need a tagging strategy. Here are some guidelines and best practices for you.
Understanding how Savings Plans and Reserved Instances work will help you make an informed decision on which to choose and when to use them.
Cloud providers offer high discounts of up to 72%, but firms average 12%. So what is key to maximizing cost savings through cloud rate commitments?
Tagging is essential to refine the granularity of cost allocation, but should used as primary method to allocate costs on the cloud?