Rightsizing in cloud computing refers to the process of analyzing and adjusting cloud resources to align with actual usage patterns and performance needs. It involves identifying and eliminating waste by resizing or reconfiguring instances, storage, and other cloud services to match workload demands accurately. In FinOps, rightsizing plays a crucial role in achieving cost optimization…
Savings Plans represent a significant evolution in cloud cost optimization strategies. Introduced by Amazon Web Services in 2019, these plans offer a more flexible alternative to the traditional Reserved Instances model. They allow organizations to commit to a consistent amount of compute usage (measured in dollars per hour) in exchange for lower prices than On-Demand…
Developer Experience (DX) refers to developers’ overall satisfaction and productivity when working with tools, platforms, and processes within a cloud environment. In FinOps, DX is crucial in optimizing cloud costs and improving financial decision-making. Enhancing the developer’s workflow and efficiency can significantly impact organizations’ cloud spending and resource utilization. Key Components of Developer Experience The…
Bitbucket Pipelines is a cloud-based continuous integration and continuous delivery (CI/CD) service integrated into Atlassian’s Bitbucket platform. It enables developers to automatically build, test, and deploy code directly from their Bitbucket repositories. In the context of FinOps, Bitbucket Pipelines plays an important role in optimizing the cost and efficiency of software development processes. By automating…
Azure Policy is a governance tool within Microsoft Azure that enables organizations to enforce rules and maintain compliance across their cloud resources. It plays an important role in cloud governance and is particularly important in FinOps practices for managing and optimizing cloud costs. Key Components of Azure Policy Azure Policy consists of several key components…
Cloud cost optimization is the process of managing and reducing expenses associated with cloud computing resources while maintaining optimal performance and efficiency. In cloud-based environments, this practice has become crucial for organizations to control their IT spending and maximize the value of their cloud investments. As a key component of FinOps, cloud cost optimization plays…
AWS Service Control Policies (SCPs) are a component of AWS Organizations that enable centralized control over permissions and resource usage across multiple AWS accounts. In the context of FinOps, SCPs play a vital role in managing costs and enforcing financial governance within cloud environments. Key Features and Functionality Policy Structure and Syntax SCPs use JSON…
Azure Bicep is a domain-specific language (DSL) developed by Microsoft for deploying and managing Azure resources. It is a more efficient and user-friendly alternative to Azure Resource Manager (ARM) templates, providing a declarative syntax for Infrastructure as Code (IaC) in the Azure ecosystem. The primary purpose of Azure Bicep is to enable developers and IT…
Atlantis is a tool in the FinOps ecosystem, designed to streamline infrastructure management and cost optimization in cloud-native environments. It serves as a bridge between infrastructure-as-code practices and financial governance, enabling organizations to automate Terraform workflows, manage pull requests, and estimate costs associated with infrastructure changes. As businesses increasingly adopt cloud technologies, Atlantis plays a…
Cost allocation in the context of FinOps refers to the process of distributing cloud expenses across different departments, projects, or cost centers within an organization. It plays a crucial role in cloud financial management by enabling businesses to accurately track, analyze, and optimize their cloud spending. By implementing effective cost allocation strategies, organizations can gain…
The Shared Responsibility Model is a framework in cloud computing that delineates the security and operational responsibilities between cloud service providers and their customers. This model is crucial for effective cloud cost management and FinOps practices, ensuring clear accountability and efficient resource utilization. In the context of cloud computing, the Shared Responsibility Model outlines which…
Open Policy Agent (OPA) is an open-source, general-purpose policy engine that enables unified, context-aware policy enforcement across the entire stack. Developed by Styra in 2016, OPA has gained significant traction in the cloud-native ecosystem. In the context of FinOps and cloud cost management, OPA plays a crucial role in enforcing cost policies, automating compliance checks,…