Amazon Web Services (AWS) plays a crucial role in the cloud computing landscape, offering organizations the ability to replace upfront capital infrastructure expenses with low variable costs that scale with their business. Its global reach and extensive service portfolio make it a key player in digital transformation strategies for companies of all sizes. In the…
Understanding Amortized Costs in FinOps In financial and cloud management scenarios, the term ‘amortized costs’ plays a pivotal role. While traditionally used in finance to describe how loans or other assets diminish over time, in the cloud sphere, it’s about understanding costs spread over a usage period. Amortization in Traditional Finance Amortization typically refers to…
Anomaly detection in FinOps is the process of identifying unusual patterns or behaviors in cloud cost data that deviate significantly from the norm. It plays a crucial role in cloud cost management by helping organizations spot unexpected spending spikes, unused resources, and potential cost-saving opportunities. By leveraging anomaly detection techniques, FinOps teams can proactively address…
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…
AWS CDK (Cloud Development Kit) was introduced by Amazon Web Services in 2019 as a modern approach to Infrastructure as Code (IaC). It aims to simplify the process of defining and deploying cloud resources by allowing developers to use high-level programming languages instead of writing JSON or YAML templates. The primary purpose of AWS CDK…
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…
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…
Azure DevOps is a comprehensive set of development tools and services provided by Microsoft to facilitate the entire software development lifecycle. It offers a suite of integrated features that support modern DevOps practices and FinOps principles, enabling organizations to streamline their development processes, improve collaboration, and optimize cloud costs. It evolved from Microsoft’s Team Foundation…
Capacity planning in FinOps is the process of determining and optimizing the resources needed to meet current and future demand for cloud services while maintaining cost efficiency. This strategic approach is crucial for organizations seeking to balance performance requirements with financial goals in their cloud environments. Key Components of Capacity Planning Successful capacity planning in…
Chargeback, in the context of FinOps, refers to the process of attributing cloud infrastructure costs to the specific business units, departments, or projects that incur them. This practice is fundamental to cloud cost management as it provides transparency and accountability for cloud usage across an organization. The significance of chargeback in cloud cost management cannot…
Continuous Integration and Continuous Delivery/Deployment (CI/CD) is a set of software development practices that automate the process of building, testing, and deploying code changes. In the context of FinOps, CI/CD plays a crucial role in optimizing software delivery while effectively managing cloud costs. This integration of development practices with financial oversight ensures that organizations can…
Cloud computing is a technology model that enables on-demand access to a shared pool of configurable computing resources over the internet. These resources include networks, servers, storage, applications, and services, which can be rapidly provisioned and released with minimal management effort or service provider interaction. In the context of FinOps, cloud computing plays a crucial…