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Efficient Cloud FinOps

By Alfonso San Miguel Sánchez , Danny Obando García
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  1. Free Chapter
    Part 1:Get Started with FinOps
About this book
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. 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.
Publication date:
February 2024
Publisher
Packt
Pages
446
ISBN
9781805122579

 

Part 1:Get Started with FinOps

In this part, we will go through all the ideas behind FinOps practices, and we will also explain in depth why this buzzword is becoming so popular.

Once through the basics, we will deep dive into how FinOps practices can fit and benefit multiple organizations in different stages of their cloud journey, as well as the synergies to be found with widely used methodologies such as DevOps and Agile.

This part has the following chapters:

  • Chapter 1, Introduction to FinOps Principles
  • Chapter 2, Understanding How FinOps Fits in Cloud Governance
About the Authors
  • Alfonso San Miguel Sánchez

    Alfonso San Miguel Sánchez is a Multicloud Architect, with a deep experience both on premises and in the Cloud. He has always enjoyed being close to development teams, implementing codes, DevOps, and other methodologies into his way of working, with a strong focus on automation. Alfonso has a degree in Computer Science from Universidad Complutense de Madrid and MSc degree in Machine Learning. After his studies, he worked as an architect for Tecnicas Reunidas, Avanade and B2Holding, where he works now as Lead Cloud Architect. Though passionate about cloud governance, in the past few years, he specializes in FinOps developing a complete methodology around the practice.

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  • Danny Obando García

    Danny Obando García is a Multicloud Data Architect, who has worked in varied roles during his professional career, always aiming to create reliable and scalable Data and Infrastructure solutions by applying different frameworks and methodologies. Danny has a degree in Computer Science from Universitat Oberta Catalunya (UOC), which he complemented with MSc in Artificial Intelligence for Financial Markets. With a rich IT experience for about 15 years, he is currently leading Data strategy for Holaluz, one of the biggest players in the Spain Energy market. Before this, he had experience of working and implementing FinOps for the biggest banking group in Spain.

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Efficient Cloud FinOps
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