AWS Budgets is a cost management tool provided by Amazon Web Services (AWS) that helps organizations plan, track, and control their cloud spending. It enables users to set custom budgets for various AWS resources and receive alerts when actual or forecasted costs exceed predefined thresholds. The primary purpose of AWS Budgets is to provide proactive…
AWS Cost Explorer is a service provided by Amazon Web Services (AWS) that enables organizations to visualize, understand, and manage their cloud spending. It serves as a crucial component in FinOps practices, offering detailed insights into AWS costs and usage patterns. As businesses increasingly rely on cloud services, AWS Cost Explorer plays an important role…
AWS Lambda is a serverless compute service that allows developers to run code without provisioning or managing servers. It’s a key component of modern cloud architecture, enabling event-driven, scalable applications while following a pay-per-use pricing model. How AWS Lambda Works AWS Lambda operates on an event-driven execution model, automatically scaling and managing the compute resources…
Azure Cost Management is a comprehensive suite of tools and services provided by Microsoft Azure to help organizations monitor, allocate, and optimize their cloud spending. It is an essential component of FinOps practices, enabling businesses to gain visibility into their Azure costs, control expenses, and maximize the value of their cloud investments. By leveraging Azure…
Azure Functions is a serverless computing service provided by Microsoft Azure that enables developers to run event-driven code without managing infrastructure. This cloud-based solution allows organizations to execute small pieces of code or “functions” in response to various triggers, scaling automatically based on demand. Key Features and Capabilities Azure Functions offers a range of features…
A Cloud Pricing Calculator is a tool designed to estimate the costs associated with using cloud computing services. In FinOps, it enables organizations to forecast and manage their cloud expenditures. These calculators help businesses make informed decisions about resource allocation, budgeting, and cost optimization strategies in cloud environments. Types of Cloud Pricing Calculators There are…
Google Cloud Functions is a serverless compute platform provided by Google Cloud that allows developers to run code in response to events without managing the underlying infrastructure. This event-driven, pay-per-use service is an essential component of modern cloud architecture, enabling businesses to build and deploy scalable applications quickly and cost-effectively. How Google Cloud Functions Work…
Kubernetes Cost Management is a critical aspect of FinOps that focuses on optimizing and controlling expenses associated with running Kubernetes clusters and containerized applications. It involves understanding, allocating, and optimizing the costs of compute, storage, and networking resources used within Kubernetes environments. Kubernetes architecture consists of master components that manage the cluster and worker nodes…
Serverless pricing refers to the cost model associated with serverless computing, where users are charged based on the actual resources consumed by their applications rather than pre-allocated infrastructure. This pay-per-use approach allows organizations to optimize costs and scale their applications efficiently. Major serverless providers, including Amazon Web Services (AWS) Lambda, Microsoft Azure Functions, and Google…