FinOps Weekly

FinOps Weekly

Finding Easy S3 Cost Savings with Storage Lens

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If you’re running applications on AWS, there’s a good chance you have S3 buckets accumulating forgotten data that costs you money every month. The good news is that Amazon S3 Storage Lens makes it straightforward to identify and eliminate these…

FinOps Teams Are Making This One Critical Mistake

00:00 Introduction
00:47 Guest Background and Career Journey
02:39 Introduction to Top-Down FinOps
04:04 Executive Decision Making in FinOps
05:41 Challenges and Realities of Cloud Costs
18:15 Importance of Context in FinOps
25:17 A Powerful Story from 'The 7 Habits of Highly Effective People'
28:06 Applying Context in Business and Management
32:46 The Role of Cloud in Modern Business
36:22 Common Mistakes in Contextualizing Cloud Financials
41:25 Tools and Technologies for Effective FinOps
48:02 Final Thoughts and Practical Advice

Protect the doers: A first-time manager’s guide to building and running a team https://amzn.to/49jKiIF
https://frankcontrepois.com (articles and analysis. Paid subscriber get free access to all my dev and other artefacts)
https://aws.frankcontrepois.com fun with aws pricing data
https://github.com/fcontrepois and the demo (https://fcontrepois.github.io/finops-toolkit-ui/forecast-demo)

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Bookmark these pages and never lose a Cloud Provider FinOps Update!

AWS FinOps Updates: https://finopsweekly.com/news/aws-cost-optimization-finops-updates/
Azure FinOps Updates: https://finopsweekly.com/news/azure-cost-optimization-finops-updates/
GCP FinOps Updates: https://finopsweekly.com/news/gcp-cost-optimization-finops-updates/
Oracle OCI FinOps Updates: https://finopsweekly.com/news/oracle-oci-finops-updates/

FinOps Weekly AI Assistant

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FinOps AI Assistant The entire knowledge of FinOps Weekly in your hands Introducing the AI assistant by FinOps Weekly, bringing all existing FinOps Weekly Newsletter knowledge into one place. Built to optimize cloud costs, accelerate decision-making, and maximize business value—instantly…

Your FinOps Strategy is Broken (Here’s Why)

Our FinOps Weekly Courses: https://learn.finopsweekly.com

Discover the truth about FinOps and how you can succeed in this field without being technical. In this video, we explore the world of FinOps, a crucial aspect of cloud cost control and cloud budgeting. We delve into the FinOps framework, discussing how to reduce cloud costs and optimize cloud pricing models. Whether you're a beginner looking to start a FinOps career or an experienced professional seeking FinOps certification, this video provides valuable insights into the FinOps tools and techniques used by FinOps engineers and analysts. Learn how to approach cloud optimization and cloud computing with a FinOps focus, and gain a deeper understanding of cloud pricing and cloud cost optimization. With the right FinOps training and mindset, you can become a successful FinOps practitioner, even without a technical background. Join us as we discuss the essentials of FinOps, including FinOps interview questions, the FinOps practitioner exam, and more. By the end of this video, you'll have a solid foundation in FinOps and be ready to take your skills to the next level.

00:00 Introduction
02:08 Bridging Contextual Gaps in FinOps
04:05 Real-World Example of Context Misalignment
09:13 Creating a Context-Aware Glossary
11:02 Context-Driven FinOps in Different Company Sizes
14:17 Challenges in Large Organizations
18:01 Avoiding Common FinOps Mistakes
19:27 Empowering Teams with Self-Service FinOps
25:25 Exploring FinOps Roles and Career Growth
26:59 Challenges in Starting a FinOps Practice
31:33 Misconceptions in FinOps
33:32 Technical Insights: Compression and Data Optimization
40:05 Future of FinOps Careers
48:27 Advice for New FinOps Practitioners

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Bookmark these pages and never lose a Cloud Provider FinOps Update!

AWS FinOps Updates: https://finopsweekly.com/news/aws-cost-optimization-finops-updates/
Azure FinOps Updates: https://finopsweekly.com/news/azure-cost-optimization-finops-updates/
GCP FinOps Updates: https://finopsweekly.com/news/gcp-cost-optimization-finops-updates/
Oracle OCI FinOps Updates: https://finopsweekly.com/news/oracle-oci-finops-updates/

A Guide to FinOps for AI

a guide to finops for ai

A Comprehensive Guide to FinOps for AI As artificial intelligence adoption accelerates, many organizations find themselves facing a new and daunting challenge: surging AI cloud costs that seem to spiral out of control. During a recent session at the FinOps…

Why Executives Can’t Afford to Ignore FinOps Anymore

Our FinOps Weekly Courses: https://learn.finopsweekly.com
In this episode of FinOps Weekly, we talk with Borja Martinez from NTT Data about the importance of FinOps dashboards for executives. Learn about the key roles FinOps play in business value, cost control, and decision-making. We also discuss the unexpected business value FinOps can uncover, the most common and costly mistakes seen in FinOps, and the essential skills needed for a successful career in this field. If you want to engage your executives in FinOps or pursue a career in this field, this episode is a must-watch.
Timestamps
00:00 Intro00:29 The Importance of FinOps for Companies02:13 Unexpected Business Value from FinOps04:21 Key Metrics for Measuring FinOps Success09:07 Engaging Executives in FinOps18:53 Career Paths and Skills in FinOps29:03 Advice for Starting a Career in FinOps
​ ​ Newsletter FinOps Weekly: https://newsletter.finopsweekly.com/subscribe​ FinOps Weekly Community on Slack: https://join.slack.com/t/finopsweekly/shared_invite/zt-3671i60tj-XCb5BTADAYDaTBV0VazYrw
Bookmark these pages and never lose a Cloud Provider FinOps Update!
AWS FinOps Updates: https://finopsweekly.com/news/aws-cost-optimization-finops-updates/Azure FinOps Updates: https://finopsweekly.com/news/azure-cost-optimization-finops-updates/GCP FinOps Updates: https://finopsweekly.com/news/gcp-cost-optimization-finops-updates/Oracle OCI FinOps Updates: https://finopsweekly.com/news/oracle-oci-finops-updates/

DoiT Acquires Select

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The world of cloud computing is changing. For a long time, managing cloud costs meant watching over basic servers (like EC2). But now, companies are spending huge amounts on data platforms like Snowflake, Databricks, and Google BigQuery. These platforms are…

FinOps Gaps: From Theory to Production

Join us as we talk with Olfa from Azure Cloud Academy about why FinOps implementations often take longer than expected. We explore the gaps between FinOps theory and real-world production, the importance of understanding business value, and the role of cultural practices in achieving cloud cost efficiency.
Discover the common pitfalls, including ownership issues, alert fatigue, and the challenge of balancing automated remediation with contextual actions. Gain valuable insights into building trust within engineering teams, optimizing anomaly detection, and effective monitoring practices.
00:00 Intro
00:26 Understanding the FinOps Framework 00:39 Bridging the Gap Between Theory and Practice
03:07 Challenges in FinOps Implementation 05:19 Addressing Anomalies in FinOps
07:55 Effective Alert Management
10:28 Automation in FinOps: Best Practices 15:25 Common Pitfalls in FinOps
17:15 Final Thoughts and Advice
18:22 Conclusion and Next Steps