What's new in Cloud FinOps?
Stephen Old and Frank Contrepois get together to discuss what's new in the world of cloud when it comes to FinOps. There are two monthly episodes, one where we'll discuss the top stories we've found from this month and a second episode where we bring in a friend of the show to talk to us about a topic of their choosing.
What's new in Cloud FinOps?
WNiCF - January 2024 - News
First news episode of the year. And this time we have a limited amount of news. Dry January for FinOps news too :)
The FinOps Guys are Stephen Old and Frank Contrepois and we can be contacted at podcast@finopsguys.co.uk
Instances/Compute
- Preview: Z3 VMs, which offer the latest compute, networking, and storage innovations in one platform with a particular focus on high-density, high-performing Local SSD are now in Preview. For more information, see Storage-optimized machine family for Compute Engine.
Data/DBs
- Customers can now save up to 52 percent on database compute costs with AlloyDB committed use discounts.
- https://cloud.google.com/blog/products/data-analytics/optimizing-computational-analysis-costs-with-bigquery-editions
Storage
Visibility and billing (Billing conductor - Tags - cost categories)
- https://cloud.google.com/blog/topics/cost-management/new-bigquery-cloud-billing-view-based-on-focus
- https://cloud.google.com/blog/topics/cost-management/introducing-granular-cost-insights-for-gke
- https://aws.amazon.com/about-aws/whats-new/2024/01/aws-billing-conductor-account-scoped-custom-line-items/
Commitment
- Recommendations for Compute Engine Flexible committed use discounts are now Generally Available
Flexible CUDs add flexibility to your spending capabilities by eliminating the need to restrict your commitments to a single project, region, or machine series. Flexible CUDs recommendations in the FinOps Hub help you optimize costs by analyzing your spending trends and existing commitments to suggest purchase amounts for Flexible CUDs.
- Learn more about Flexible CUDs
- Learn more about the FinOps Hub
- Subscription IDs for your committed use discounts are now available in the Detailed cost data export
- Note: The new Detailed cost data export column has started rolling out to customers. You might not see this column in your BigQuery dataset until the rollout is complete.
- You can now view a subscription ID associated with your resource-based and spend based Committed Use Discount (CUD) fees. This enables you to connect CUD fees to the corresponding CUD (subscription instance) to improve traceability of costs and savings calculations. Use the subscription.instance_id column in the Detailed cost data export to see your subscription ID.
Savings
Sustainability
Misc/Silly