Hello everyone! For today's topic, we're reviewing the 5 Design Principles of the Cost Optimization pillar (according to AWS). I see Cost Optimization frequently get pushed to the back of the line when it comes to early design considerations. Maybe it's gotten a reputation as a clean-up effort, when in reality I believe it's a sustaining system that supports business requirements. When done right, it can be a game changer for making money and using cloud effectively to the fullest extent. Curious? Read more here. #costoptimizedcloud #costoptimization
Tyler Robertson’s Post
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As Finance leaders, we have a responsibility to be actively involved in our company's cloud management. As a former CFO I made it a priority to regularly meet with the team responsible for cloud cost management in business reviews. This allowed the FinOps and DevOps teams to share their great work in avoiding unnecessary costs, which could then be reinvested back into the business. Don't let your technical team handle everything alone. By actively participating in cloud cost management, you can ensure that your company is making the most of its resources and avoiding unnecessary costs. Learn more about best practices in cloud management below: #FinanceLeaders #CloudManagement #Efficiency #CostSavings #aws #snowflake
Maximizing Returns with Caliper: Why Finance and FinOps Should Care about Cloud Cost Optimization and Consumption Pricing — Caliper - Cloud analytics at breakneck speed
millworks.ai
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CFOs, are you struggling to control your cloud spending? 🤯 Our latest blog post discusses the challenges of unpredictable cloud expenses and the benefits of the FinOps framework. Read it here >> https://lnkd.in/g3RJ8hN4 Here are some of the key takeaways from the blog post: ☑️ The challenges of unpredictable cloud expenses ☑️ The benefits of the FinOps framework ☑️ How to implement FinOps ☑️ Key metrics CFOs should monitor #FinOps #CloudCostManagement #CFOs #CloudComputing
FinOps: A CFO's Playbook for Maximizing Cloud ROI
https://finquery.com
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Reduce your AWS expenses and increase efficiency with our expert cost optimization tips! Dive into our latest blog to learn how to make the most out of your AWS investment. 💡💲 . . . Read More: https://bit.ly/3IvZyoS #MoonTechnolabs #MTPL #AWS #CostOptimization #CloudEfficiency #TechTips
The Ultimate Guide to AWS Cost Optimization
https://www.moontechnolabs.com/blog
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In recent years, the proliferation of cloud computing has revolutionized the way businesses operate. As companies are leveraging cloud services to power their operations, the complexity of managing cloud costs has emerged as a significant concern, particularly for finance departments tasked with controlling and optimizing expenditures and maximizing returns on investment. Here's why finance professionals should pay close attention to these variable costs. #finops #aws #snowflake #gcp #cloudoptimization
Maximizing Returns with Caliper: Why Finance and FinOps Should Care about Cloud Cost Optimization and Consumption Pricing — Caliper - Cloud analytics at breakneck speed
calipersoftware.ai
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Cost management isn’t just about cutting expenses; it’s about making smart decisions to invest wisely in your business. A recent article on AWS cost management detailed practical steps and strategies that really resonated with me. I realized that many businesses, including my own, often overlook the importance of regularly evaluating cloud expenses and resources. For instance, by implementing right-sizing, we can optimize our services without sacrificing performance, meaning that savings can be reinvested into growth initiatives. The core lesson here is that proactive cost management fosters not just savings, but also innovation and resilience. It’s an ongoing process that can drastically affect the bottom line! How do you approach cost management in your organization? Let’s share insights in the comments! #AWS #CostManagement #CloudComputing #BusinessGrowth #FinancialHealth https://lnkd.in/gCZKyAjW CloudZero
15+ AWS Cost Management Best Practices To Implement In 2024
cloudzero.com
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Are you struggling to optimize your cloud costs? Lack of expertise and visibility can make it challenging. CFM TIPs can help. Incorporating these tips into your software development lifecycle and cloud project planning can provide prescriptive guidance and enable ongoing cost optimization. Following the principles of the frugal architect, recommended by AWS CTO Werner Vogels, is crucial for designing and maintaining cost-conscious, sustainable architectures. Utilizing CFM TIPs establishes cost visibility and controls, creating a foundation for cost-aware architectures and enabling ongoing optimization activities. Accelerate your Cloud Financial Management capabilities with CFM TIPs. Foster cost ownership within teams and gain the necessary knowledge for monitoring and optimizing specific AWS services. Start optimizing your cloud costs today with CFM TIPs. #aws #heeddata #finops Heeddata #cloudcostoptimization #cloudcomputing
Managing Costs with Cloud Financial Management Technical Implementation Playbooks (CFM TIPs) for AWS | Amazon Web Services
aws.amazon.com
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I'm excited to share my latest article: **"Cost Management: Controlling Cloud Spending with FinOps Best Practices"**. In this piece, I explore effective strategies for managing cloud costs, including budgeting, forecasting, cost allocation tags, and leveraging cost optimization tools. I also delve into how adopting FinOps principles can enhance collaboration between finance, operations, and engineering teams to optimize cloud spending. Read the full article here: 👇 I'd love to hear your thoughts on cloud cost management and FinOps!
Cost Management: Controlling Cloud Spending with FinOps Best Practices
thecloudguy.substack.com
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FinOps... as a Service? #FaaS is here, and we reckon it's not going away any time soon. Find out what it's all about below 👇 #finops #ccmo #aws #azure #msp #cloud #cloudcostoptimization
What is FinOps as a Service (FaaS)?
https://www.hyperglance.com
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𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐢𝐳𝐢𝐧𝐠 𝐂𝐥𝐨𝐮𝐝 𝐂𝐨𝐬𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: 𝐓𝐡𝐞 𝐑𝐢𝐬𝐞 𝐎𝐟 𝐅𝐎𝐂𝐔𝐒 𝐈𝐧 𝐅𝐢𝐧𝐎𝐩𝐬 🌐 Delving into the evolving world of FinOps and the pivotal role of standardization in cloud cost management, a topic I explore in my latest article for the Forbes Technology Council. As organizations increasingly navigate the complexities of cloud environments spanning multiple service providers, from Amazon to Google, the introduction of the FinOps Open Cost Usage Specification (FOCUS) serves as a critical advancement. This standard not only streamlines financial operations but also ensures greater cost transparency and efficiency. Key benefits of FOCUS: 🌐 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬 - FOCUS provides a unified language for cloud cost management, bridging gaps between Azure, Amazon, Google, and other CSPs. 💡 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 - With industry giants like Microsoft, Amazon, and Google endorsing FOCUS, billing transparency is significantly improved. 🔄 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 - FOCUS facilitates the integration of data from various cloud service providers, optimizing cost management processes. 📊 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 - Enables FinOps personnel to align actual spending with budget forecasts, improving financial planning and reporting. 🔍 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐎𝐩𝐭𝐢𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 - Engineers can identify and prioritize top service cost drivers, leading to potential cost savings. The adoption of FOCUS marks a pivotal moment in cloud cost management, promising to enhance strategic planning and operational efficiency across sectors. Join the conversation on how FOCUS is shaping the future of cloud services. #CloudComputing #FinOps #FOCUS #DigitalTransformation #CloudCostManagement #CloudCostOptimization #TechnologyInnovation #PWC
Council Post: Standardizing Cloud Cost Management: The Rise Of FOCUS In FinOps
forbes.com
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Unlocking cloud value demands more than just technology - it's about mastering the art of FinOps. Martin Hosken at VMware emphasises the crucial role of skilled individuals who can navigate the cloud landscape from compliance to financial optimisation. Access full article below: #FinOps #Cloud #CloudTechnology #VMware #CloudComputing #FinancialOptimisation #DigitalTransformation #CloudExperts #Innovation
FinOps teams can accelerate cloud business value
intelligenttechchannels.com
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