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 - Interview - Building trust in FinOps and engineering insights by Dvir
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The FinOps Guys - Stephen Old and Frank Contrepois
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Season 5
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Episode 31
This month, we talk with Dvir and discuss integrating engineering principles into FinOps to manage cloud costs effectively. We stress proactive cost management, trust in recommendations, and understanding business context. We also cover the challenges of cost observability, utilized waste, and monitoring resources.
Some takeaways
- Proactive involvement in cost management leads to better outcomes.
- Language and communication are crucial in discussing costs with engineers.
- Trust in recommendations is essential for effective FinOps practices.
- Understanding the business context is key to identifying waste.
- Maturity in organizational policies enhances accountability.
- Cost observability is a critical aspect of FinOps.
- Engineers should be made responsible for their resource usage.
- Effective communication can drive better financial decisions in tech
