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DevOps FinOps – Getting our Cloud Budget Under Control
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Overview
As companies move farther away from on-premises data centers toward the cloud, understanding how best to leverage that move becomes increasingly important.
Enter FinOps (Financial Operations), a business management SAAS solution to better analyze the costs of public clouds such as Amazon Web Services (AWS), Google Cloud Services and Microsoft Azure and help enterprises to better plan the budget forecast future spending.
FinOps is the operating model for the cloud, as it will help companies to shift from on-premise to cloud environment with a combination of systems, best practices and culture change.
Today it’s done is by providing organization's ability to understand cloud costs and make tradeoffs. In the same way that DevOps revolutionized development by breaking down silos and increasing agility, FinOps increases the business value of cloud by bringing together technology, business and finance professionals with a new set of processes.
On Completion, Delegates will be able to
Build and plan enterprise cloud budget
Monitor, Government and maintain the right scale cloud infrastructure
Create reports and alerts
Understand the terms used in Cloud native providers
Who Should Attend
Operation Managers
CFO Office
CIO Office
Organization Setting
- User interface.
- Activities and calendars.
- Search settings.
- Chatter set up.
Why FinOps?
- Why do we need FinOps and FinOps Officer in our organization?
What is FinOps?
- Introduction to the world of FinOps roles and description
Cultural Shift and the FinOps Team
- How do we change or organization culture to accept this model?
- Roles and responsibility of the Finops team
- IT Collaboration - Understanding the language
The Language of FinOps and Cloud
- FinOps in the cloud
- Reporting
- Understand the terms of cloud vs physical
- Anatomy of the Cloud Bill
- Reviewing cost analyze of an example case study
- Dissect the costs and understand how we can optimize our budget without affecting our production and Development environment
- Reviewing cost analyze of an example case study
- The FinOps Lifecycle
- Allocation: Making our budget works for us
- Setting limits and alerts
- Using Less: Usage Optimization
- Paying Less: Rate Optimization
- Paying Less with Reserved Instances & CUDs
- Metric Driven Cost Optimization
- Tags, Labels and Accounts
- Optimize Phase: Adjusting to hit goals
- Container Spend Management: Ships vs Tugboats
- Automation of Cost Management
- Foundation
- Monitoring systems
- Alerting
- FinOps Recipes for Ongoing Operations
- Operate: Aligning Teams to Business Goals
- Using Terraform to automate Cloud infrastructure
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