Kenneth Ham’s Post

🎯𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗶𝗻𝗴 𝗮 𝘁𝗮𝗴𝗴𝗶𝗻𝗴 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 𝗳𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘀𝘁𝗲𝗽 𝗳𝗼𝗿 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗙𝗶𝗻𝗢𝗽𝘀 𝗮𝗱𝗼𝗽𝘁𝗶𝗼𝗻! It not only optimizes your spending but also aligns your cloud investments with business objectives. 🔍𝗧𝗛𝗘 𝗗𝗘𝗘𝗣 𝗗𝗜𝗩𝗘 Comprehensive Visibility: Tag resources with 'environment', 'name', and 'owner' to monitor usage and control costs efficiently. Strategic Alignment: Use 'application ID', 'cost center', and 'business unit' tags to align spending with specific projects, departments, and objectives. 🤔 𝗪𝗛𝗬 𝗜𝗧 𝗠𝗔𝗧𝗧𝗘𝗥𝗦 Establishing a robust tagging framework is foundational for gaining transparency, enhancing accountability, and driving cost optimization in your cloud infrastructure. It’s essential for businesses aiming to leverage cloud economics fully and strategically. 🚀 𝗬𝗢𝗨𝗥 𝗡𝗘𝗫𝗧 𝗦𝗧𝗘𝗣𝗦 Boost your FinOps journey by setting up these foundational tags today! Click here to learn how 👉 https://vist.ly/345mm #finops #finance #powerbi #cloudengineer

🚀 𝐌𝐚𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐂𝐥𝐨𝐮𝐝 𝐂𝐨𝐬𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: 𝐄𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞𝐬 𝐟𝐨𝐫 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞-𝐋𝐞𝐯𝐞𝐥 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬 🚀 Managing cloud costs at an enterprise level can feel like navigating a financial labyrinth. With multiple accounts for development, testing, staging, and production, keeping expenses in check is a monumental task. However, with a strategic approach, you can tame the cloud cost beast. Here are some best practices to help you optimize your cloud spending: 𝟏. 𝐔𝐬𝐞 𝐂𝐨𝐬𝐭 𝐀𝐥𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐓𝐚𝐠𝐬 𝐟𝐨𝐫 𝐀𝐥𝐥 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬 Cost allocation tags are your best friend when it comes to tracking and managing cloud expenses. By tagging resources appropriately, you can easily identify which departments, projects, or teams are driving costs. This granularity enables more precise budgeting and accountability. 𝟐. 𝐒𝐡𝐚𝐫𝐞 𝐔𝐬𝐚𝐠𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐭𝐨 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐂𝐨𝐬𝐭 𝐀𝐰𝐚𝐫𝐞𝐧𝐞𝐬𝐬 Transparency is key. Regularly share detailed usage reports with relevant teams to keep everyone informed about their consumption and costs. This practice not only fosters a culture of cost consciousness but also empowers teams to make informed decisions that can lead to significant savings. 𝟑. 𝐄𝐬𝐭𝐚𝐛𝐥𝐢𝐬𝐡 𝐆𝐮𝐚𝐫𝐝𝐫𝐚𝐢𝐥𝐬 𝐟𝐨𝐫 𝐂𝐨𝐬𝐭 𝐀𝐧𝐨𝐦𝐚𝐥𝐲 𝐃𝐞𝐭𝐞𝐜𝐭𝐢𝐨𝐧 Unexpected cost spikes can derail your budget. Implement guardrails and automated alerts to detect anomalies in real-time. By swiftly identifying and addressing unusual spending patterns, you can prevent budget overruns and maintain financial control. 𝐏𝐫𝐨 𝐓𝐢𝐩: Consider forming a Cloud Center of Excellence team to centralize cloud governance and cost management. This team can standardize practices, ensure compliance, and continuously seek cost optimization opportunities. 𝐄𝐧𝐠𝐚𝐠𝐞 𝐰𝐢𝐭𝐡 𝐘𝐨𝐮𝐫 𝐂𝐥𝐨𝐮𝐝 𝐂𝐨𝐬𝐭𝐬 Managing cloud costs is not a one-time task but an ongoing process. Stay proactive, continuously monitor usage, and adjust strategies as needed to keep your cloud spending under control. 𝐂𝐚𝐭𝐜𝐡 𝐲𝐨𝐮 𝐢𝐧 𝐭𝐡𝐞 𝐜𝐥𝐨𝐮𝐝! 𝐋𝐞𝐭'𝐬 𝐦𝐚𝐤𝐞 𝐲𝐨𝐮𝐫 𝐜𝐥𝐨𝐮𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐜𝐨𝐮𝐧𝐭. 💸 #CloudCostManagement #FinOps #CloudStrategy #AWSCostOptimization #AzureSavings #GoogleCloudFinOps #CloudEconomics #EnterpriseCloud #CloudExcellence #AWS #Azure #GCP Feel free to share your experiences or ask questions in the comments. Together, we can master the art of cloud cost management! 🚀

🎯𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗶𝗻𝗴 𝗮 𝘁𝗮𝗴𝗴𝗶𝗻𝗴 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗶𝘀 𝘆𝗼𝘂𝗿 𝗰𝗿𝘂𝗰𝗶𝗮𝗹 𝗳𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝘀𝘁𝗲𝗽 𝗳𝗼𝗿 𝗲𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗙𝗶𝗻𝗢𝗽𝘀 𝗮𝗱𝗼𝗽𝘁𝗶𝗼𝗻! It not only optimizes your spending but also aligns your cloud investments with business objectives. 🔍𝗧𝗛𝗘 𝗗𝗘𝗘𝗣 𝗗𝗜𝗩𝗘 Comprehensive Visibility: Tag resources with 'environment', 'name', and 'owner' to monitor usage and control costs efficiently. Strategic Alignment: Use 'application ID', 'cost center', and 'business unit' tags to align spending with specific projects, departments, and objectives. 🤔 𝗪𝗛𝗬 𝗜𝗧 𝗠𝗔𝗧𝗧𝗘𝗥𝗦 Establishing a robust tagging framework is foundational for gaining transparency, enhancing accountability, and driving cost optimization in your cloud infrastructure. It’s essential for businesses aiming to leverage cloud economics fully and strategically. 🚀 𝗬𝗢𝗨𝗥 𝗡𝗘𝗫𝗧 𝗦𝗧𝗘𝗣𝗦 Boost your FinOps journey by setting up these foundational tags today! Click here to learn how 👉 https://vist.ly/345mw #finops #finance #powerbi #cloudengineer

🚀 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗡𝗲𝘄𝘀 𝗶𝗻 𝗖𝗹𝗼𝘂𝗱 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁! 🚀 FinOps Foundation has announced the FOCUS 1.0 framework—an innovative approach to optimizing cloud usage and spending. 🌐💰 𝗙𝗢𝗖𝗨𝗦 𝟭.𝟬 stands for 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 𝗳𝗼𝗿 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗶𝗻𝗴 𝗖𝗹𝗼𝘂𝗱 𝗨𝘀𝗮𝗴𝗲 𝗮𝗻𝗱 𝗦𝗽𝗲𝗻𝗱 and it’s designed to transform how organizations manage their cloud expenditures. As someone who has specialized in integrating public cloud billing platforms, including Oracle Cloud 𝗙𝗢𝗖𝗨𝗦 integration, I understand the challenges and opportunities in managing cloud costs across multiple providers. If you're looking to streamline and integrate billing across all your public cloud platforms into a single, cohesive system, I’d be delighted to help. 🔍 𝗪𝗵𝘆 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲 𝗬𝗼𝘂𝗿 𝗖𝗹𝗼𝘂𝗱 𝗕𝗶𝗹𝗹𝗶𝗻𝗴? Unified Visibility: Get a single view of all your cloud expenditures. Enhanced Cost Management: Optimize costs and identify savings opportunities more effectively. Improved Financial Accountability: Streamline financial operations and align cloud spending with business goals. Feel free to reach out if you’re interested in learning more about FOCUS 1.0 or if you need assistance with integrating your cloud billing systems. Let's drive cloud financial efficiency together! 💡📊 #CloudFinance #FOCUS1 #FinOps #CloudBilling #CostOptimization #CloudIntegration #PublicCloud #OracleCloud #CloudManagement

🎬 𝗤𝘂𝗶𝗰𝗸 𝗧𝗮𝗸𝗲: 𝗦𝗵𝗮𝗿𝗲 𝗖𝗹𝗼𝘂𝗱 𝗖𝗼𝘀𝘁 𝗔𝗹𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻 Use this cheatsheet to unravel the complexity of shared cloud costs. 𝑳𝒊𝒌𝒆 𝒂𝒏𝒅 𝒓𝒆𝒑𝒐𝒔𝒕 Chart the true cost of your cloud (TCO) by untangling the shared expenses. 📊 𝗟𝗲𝗮𝗿𝗻 𝗵𝗼𝘄 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗮 𝗣𝗼𝘄𝗲𝗿 𝗕𝗜 𝗱𝗮𝘀𝗵𝗯𝗼𝗮𝗿𝗱 that's not just a tool, but a lighthouse guiding your cost strategy. 🤔 𝗪𝗵𝘆 𝗜𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: Total Cost of Ownership isn't just numbers—it's the story of your cloud investment's impact. Understand the ROI of every department's cloud use, empowering you to allocate resources smartly and support growth where it counts. 💡 Foster a proactive cost culture, where every byte of data informs a byte-sized expense. 📊 🚀 𝗬𝗼𝘂𝗿 𝗡𝗲𝘅𝘁 𝗦𝘁𝗲𝗽 Navigate to the forefront of FinOps with the "Shared Cloud Costs Cheatsheet". 𝗗𝗠 𝗼𝗿 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 𝘁𝗵𝗲 𝘄𝗼𝗿𝗱 "𝗧𝗖𝗢", 𝗶𝗳 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗵𝗲 𝗱𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗶𝗹𝗲𝘀 𝗮𝗻𝗱 𝘃𝗶𝗱𝗲𝗼 𝘁𝘂𝘁𝗼𝗿𝗶𝗮𝗹. #FinOps #TCO #PowerBI #finance #cloudengineer

🚀 The State of Cloud Cost in 2024: Key Trends and Insights 💡   Cloud computing continues to thrive, with global end-user spending on public cloud services soaring to $563.6 billion in 2023. This momentum shows no signs of slowing, as forecasts predict spending will reach a staggering $678.8 billion by 2024. 🌍💻   As cloud adoption grows, so does the importance of cloud cost optimization. When managed properly, it converts raw spend data into actionable business insights, empowering companies to optimize infrastructure and make informed financial decisions. Let's take a closer look at the current landscape of cloud cost management.   🔑 Key Challenges in Cloud Cost Optimization: Out-of-Control Spending 💸: More companies are struggling with ballooning cloud costs. The percentage of businesses reporting their costs as "way too high" has risen from 11% in 2022 to 14% in 2024. Lack of Visibility 🔍: Nearly 90% cite poor visibility into cloud costs as a major productivity roadblock. Widespread Cost Concerns 📊: Cloud cost optimization has become a company-wide initiative. Leaders across all levels, from C-suite to individual teams, are now prioritizing this challenge. Engineering Ownership 👩💻: Companies where engineers take ownership of cloud costs report more accurate cost tracking and alignment, boosting confidence in spend management. 📈 Positive Trends in Cloud Cost Management: FinOps Teams on the Rise: Dedicated teams focused on cloud cost optimization (FinOps) are increasing, fostering better collaboration between finance and engineering teams. Collaboration Drives Results: The growing partnership between engineering and finance shows that businesses embracing cloud cost optimization are better positioned to balance innovation with financial control. 💼 Takeaway:   In 2024, cloud cost optimization is no longer optional—it's essential for companies looking to thrive in the cloud era. Businesses that proactively manage cloud costs will harness the full potential of cloud computing while maintaining financial efficiency.   #cloud #technology #innovation #digitaltransformation #cloud #aws #azure #digitaltransformation #technology #innovation #CloudComputing Contact us: https://bit.ly/3zTbZKf

🎬 𝗤𝘂𝗶𝗰𝗸 𝗧𝗮𝗸𝗲: 𝗦𝗵𝗮𝗿𝗲 𝗖𝗹𝗼𝘂𝗱 𝗖𝗼𝘀𝘁 𝗔𝗹𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻 Use this cheatsheet to unravel the complexity of shared cloud costs. 𝑳𝒊𝒌𝒆 𝒂𝒏𝒅 𝒓𝒆𝒑𝒐𝒔𝒕 Chart the true cost of your cloud (TCO) by untangling the shared expenses. 📊 𝗟𝗲𝗮𝗿𝗻 𝗵𝗼𝘄 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗮 𝗣𝗼𝘄𝗲𝗿 𝗕𝗜 𝗱𝗮𝘀𝗵𝗯𝗼𝗮𝗿𝗱 that's not just a tool, but a lighthouse guiding your cost strategy. 🤔 𝗪𝗵𝘆 𝗜𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: Total Cost of Ownership isn't just numbers—it's the story of your cloud investment's impact. Understand the ROI of every department's cloud use, empowering you to allocate resources smartly and support growth where it counts. 💡 Foster a proactive cost culture, where every byte of data informs a byte-sized expense. 📊 🚀 𝗬𝗼𝘂𝗿 𝗡𝗲𝘅𝘁 𝗦𝘁𝗲𝗽 Navigate to the forefront of FinOps with the "Shared Cloud Costs Cheatsheet". 𝗗𝗠 𝗼𝗿 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 𝘁𝗵𝗲 𝘄𝗼𝗿𝗱 "𝗧𝗖𝗢", 𝗶𝗳 𝘆𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗵𝗲 𝗱𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗶𝗹𝗲𝘀 𝗮𝗻𝗱 𝘃𝗶𝗱𝗲𝗼 𝘁𝘂𝘁𝗼𝗿𝗶𝗮𝗹. #FinOps #TCO #PowerBI #finance #cloudengineer

The shift to the Cloud has undeniably accelerated how we work. However, cloud usage is becoming the biggest black box of costs. Pinpointing the root cause of these costs is challenging, often due to a combination of ungoverned expenses, unanticipated usage, and incorrectly sized production environments. Any of these factors can contribute to cost uncertainty. In today’s macroeconomic climate, there's no room for significant cloud waste. Experts agree – a majority of FinOps practitioners prioritize reducing this waste. Yet, many find it difficult to identify the cost drivers to generate accurate forecasts. What is driving this lack of visibility and wastefulness? A survey by FinOps.org highlights the biggest challenges organizations face in controlling cloud costs: - Getting engineers to take action on cost optimization (30%) - Achieving accurate spend forecasting (29%) - Encouraging the adoption of financial management best practices (22%) At Datadog, our Cloud Cost Management solution is designed to address these challenges head-on. By providing deeper insights and actionable data, we empower teams to manage and optimize their cloud expenses effectively. Interested in learning more about how we can help your organization reduce cloud waste and gain financial clarity? Let’s connect! #CloudCostManagement #FinOps #CloudComputing #CostOptimization #Datadog https://lnkd.in/epxjRwqd

As the digital economy evolves, businesses are increasingly turning to the cloud to enhance speed, agility, and efficiency. However, with these benefits come new challenges, including rising cloud spending and the need for cost optimization. IT departments are struggling to adapt to the decentralized nature of cloud consumption and the lack of control over on-site data centers. In addition, shadow IT has become more common and complex billing structures make it difficult to manage multiple cloud services. The platforms like Heeddata enables enterprises to address these new challenges via single pane of glass with insights around cost management & optimizations. Learn more about managing technology costs and optimizing cloud spending in this insightful article from KPMG. #cloudcomputing #costoptimization #digitaltransformation #Heeddata #FinOps Heeddata #CloudFinOps