Managing Cloud Costs
Published by O'Reilly Media, Inc.
How to apply FinOps strategies to decrease your cloud spend
It isn’t always easy to move from a data center to the cloud—and it doesn’t always reduce costs. But with the right guidance it’s possible.
Expert Dieter Matzion walks you through FinOps (cloud cost optimization) best practices that will help you reduce your cloud costs by 60% or more. Specifically, you’ll learn how to build a successful FinOps function, how to get the most from vendor discounts, and how to use the elasticity of the cloud for cost avoidance.
What you’ll learn and how you can apply it
By the end of this live online course, you’ll understand:
- What a successful FinOps culture looks like within your organization
- What vendor discounts exist, including enterprise agreements
- The types of elasticity in cloud computing and how they affect costs
And you’ll be able to:
- Initiate a FinOps program within your company and report its progress using KPIs
- Take advantage of existing discounts and negotiate custom pricing agreements
- Teach others how to use cloud parking and right-sizing to avoid cloud costs
This live event is for you because...
- You’re concerned about growing cloud costs.
- You work with finance or engineers to reduce cloud spend.
- You want to become a FinOps practitioner.
Prerequisites
- A basic understanding of cloud computing
Recommended preparation:
- Take Getting Started with Cloud Computing (live online training course with Michael Shannon)
Recommended follow-up:
Schedule
The time frames are only estimates and may vary according to how the class is progressing.
Introduction (20 minutes)
- Group discussion: How many years of experience do you have with the cloud? How was the cloud different for you?
- Lecture: How cloud computing is different
- Q&A
FinOps as a function (20 minutes)
- Group discussion: How many years have you been doing FinOps or cloud cost optimization? What were your challenges with establishing a FinOps function?
- Lecture: How to build a successful FinOps function
- Q&A
Discounts in the cloud (20 minutes)
- Group discussion: Do you use reserved instances or sustained usage discounts? What types of discounts have you seen in the cloud?
- Lecture: The existing discounts and how to use them
- Q&A
Break (5 minutes)
Visibility into cloud cost (20 minutes)
- Group discussion: Do you use third-party tools to gain insights into your cloud spend? In which areas do you need more visibility into the cloud?
- Presentation: How to get visibility into cloud cost
- Q&A
Elasticity in the cloud (20 minutes)
- Group discussion: Other than discounts, what are you doing to reduce cost? What small things have you done that saved you money?
- Lecture: What elasticity is and how you can use it to avoid cost
- Q&A
Cloud parking (20 minutes)
- Group discussion: Have you done scheduled stop and starts before? Where can your organization use cloud parking?
- Lecture: Using cloud parking
- Q&A
Break (5 minutes)
Cloud right-sizing (20 minutes)
- Group discussion: Have you done right-sizing before? Where can your organization use right-sizing?
- Lecture: How to do right-sizing
- Q&A
Developer engagement (20 minutes)
- Group discussion: How often do you talk to engineers? What are other or better ways to engage with developers?
- Lecture: Engaging with developers on FinOps
- Q&A
Your Instructor
Dieter Matzion
Dieter Matzion is a member of Roku's cloud technology and infrastructure team, supporting cloud FinOps across AWS, GCP, and Azure. Most recently, Dieter was part of Intuit's technology finance team, where he supported the AWS cost optimization program. Dieter has also worked at Netflix and Google. During his time at Google, he developed demand-planning models and automation tools for capacity management. Originally from Germany, Dieter holds a master’s degree in computer science. Outside of work, he prioritizes spending time with his family and enjoying outdoor activities such as hiking, camping, horseback riding, and cave exploration.