FinOps - DEEP
FinOps
Optimize your organization's cloud costs and performance with FinOps
Controlling Cloud costs
FinOps aims to identify waste and inefficiencies, and implement corrective actions to reduce expenditure:
- Unused resources: Identify and remove unused instances, storage volumes and services.
- Choosing the right instances and services: Adapt instance types and services to the real needs of applications, to optimize the cost-performance ratio.
- Price negotiation: Negotiate advantageous contracts with cloud providers to obtain discounts and more attractive pricing conditions.
- Modify architecture: Decouple and use cloud services when more advantageous.
Enhanced cloud visibility and governance
FinOps provides tools and processes to track and control cloud spend:
- Centralize billing data: Collect and centralize billing data from all cloud providers for better visibility and accurate tracking of expenses.
- Set budgets and quotas: Define budgets and quotas for each team or project to limit cost overruns.
- Reporting and data analysis: Generate reports and analyses to identify consumption trends and anomalies.
Aligning IT resources with business needs
FinOps provides tools and processes to track and control cloud spend:
- Centralize billing data: Collect and centralize billing data from all cloud providers for better visibility and accurate tracking of expenses.
- Set budgets and quotas: Define budgets and quotas for each team or project to limit cost overruns.
- Reporting and data analysis: Generate reports and analyses to identify consumption trends and anomalies.
