Introduction to FinOps
Description
In this 1-day course we will learn about the practice of FinOps. FinOps, made out of Finance and Ops is bridging the gap between traditional finance & procurement and the Operations teams (DevOps/Engineering). By promoting values like spend accountability and functioining as a centralized entity responsible for allocating costs, optimizing usage and better utilizing money invested in the public clouds, FinOps becomes a crucial part of cloud organizations who wishes to continuosly improve and control one of the biggest expense IT and software organizationg are paying these days.
Intended audience
Finance, DevOps, Desicion Makers, Procurement, Engineering and IT.
Topics
Cloud Computing and its Impact on IT
DevOps & Cloud
The Challange of Cloud
What is FinOps?
The New Cloud Reality for IT
FinOps: Changing the Model
Adopting FinOps
FinOps Principles and Concepts
The FinOps Framework
Improtant Concepts
FinOps Practices
FinOps Stakeholders
Personas
Teams
The Six Domains of FInOps Capabilities
Domains Overview
Understanding Cloud Usage and Cost
Performance Tracking and Benchmarking
Real-Tiem Decision Making
Cloud Rate Optimization
Cloud Usage Optimization
Organizational Alignment
Tools
Activity
Practicing FinOps Capabilities
Motivations and Common Language
Understanding a Cloud Bill
Anatomy of a Cloud Bill
The FinOps Team
Running the FinOps Team
Inform Phase
Inform Phase Overview
Reporting
Data in the Path of the Engineer
Anomaly Detection
Benchmarking
Cost Allocation
Accounts, Taxonomy, and Tags
Forecasting and Budgeting
Optimize Phase
Optimize Phase Overview
KPIs & Outcomes
Primary Ways to Optimize Usage
Optimize Usage
Optimize Rates
Operate Phase
Optimize Phase Overview
Aligning Teams
Containers and Shared Environments
FinOps and Other Methodoligies
Successful FinOps Practice
Maturing FinOps
What's Next?
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