Cover image for Cloud FinOps, 2nd Edition

Cloud FinOps, 2nd Edition

Author J.R. Storment , Mike Fuller
Release Date: 2023/01/01
ISBN: 9781492098348
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FinOps brings financial accountability to the variable spend model of cloud. Used by the majority of global enterprises, this management practice has grown from a fringe activity to the de facto discipline managing cloud spend. In this book, authors J.R. Storment and Mike Fuller outline the process of building a culture of cloud FinOps by drawing on real-world successes and failures of large-scale cloud spenders.

Engineering and finance teams, executives, and FinOps practitioners alike will learn how to build an efficient and effective FinOps machine for data-driven cloud value decision-making. Complete with a road map to get you started, this revised second edition includes new chapters that cover forecasting, sustainability, and connectivity to other frameworks.

You'll learn:

  • The DNA of a highly functional cloud FinOps culture
  • A road map to build executive support for FinOps adoption
  • How to understand and forecast your cloud spending
  • How to empower engineering and finance to work together
  • Cost allocation strategies to create accountability for cloud and container spend
  • Strategies for rate discounts from cloud commitments
  • When and how to implement automation of repetitive cost tasks
  • How to empower engineering team action on cost efficiency

Table of Contents

  1. Preface
  2. I. Introducing FinOps
  3. 1. What Is FinOps?
  4. 2. Why FinOps?
  5. 3. Cultural Shift and the FinOps Team
  6. 4. The Language of FinOps
  7. 5. Anatomy of the Cloud Bill
  8. 6. Adopting FinOps
  9. 7. The FinOps Foundation Framework
  10. 8. The UI of FinOps
  11. II. Inform Phase
  12. 9. The FinOps Lifecycle
  13. 10. Inform Phase: Where Are You Right Now?
  14. 11. Allocation: No Dollar Left Behind
  15. 12. Tags, Labels, and Accounts, Oh My!
  16. 13. Accurate Forecasting
  17. III. Optimize Phase
  18. 14. Optimize Phase: Adjusting to Hit Goals
  19. 15. Using Less: Usage Optimization
  20. 16. Paying Less: Rate Optimization
  21. 17. Understanding Commitment-Based Discounts
  22. 18. Building a Commitment-Based Discount Strategy
  23. 19. Sustainability: FinOps Partnering with GreenOps
  24. IV. Operate Phase
  25. 20. Operate: Aligning Teams to Business Goals
  26. 21. Automating Cost Management
  27. 22. Metric-Driven Cost Optimization
  28. 23. FinOps for the Container World
  29. 24. Partnering with Engineers to Enable FinOps
  30. 25. Connectivity to Other Frameworks
  31. 26. FinOps Nirvana: Data-Driven Decision Making
  32. 27. You Are the Secret Ingredient
  33. Afterword on What to Prioritize (from J.R.)
  34. Index
  35. About the Authors
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