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AWS re:Invent 2024 FinOps Updates

FinOps Foundation

Key Insight: At re:Invent 2024, AWS announced numerous product enhancements that help FinOps Practitioners and their organizations optimize their cloud usage. The FinOps Foundation caught up with several AWS Product Managers at re:Invent and asked them what their teams have delivered and how these updates will impact Practitioners.

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State of FinOps ’24: Top Priorities Shift to Reducing Waste and Managing Commitments

FinOps Foundation

Key Insight: With economic pressure increasing across the world in 2023, many organizations are leaning on their FinOps teams to help prioritize cloud optimizations. Sustainability teams have limited intersection with FinOps teams today, but that number is expected to increase substantially in the future.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Start with the Right Metrics to Understand Cloud Resources and Rates FinOps cost optimization can be thought of as spanning two universes: financial and engineering.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Start with the Right Metrics to Understand Cloud Resources and Rates FinOps cost optimization can be thought of as spanning two universes: financial and engineering.

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How To Create a Cost-Effective AWS Environment

finout

Elastic Compute Cloud (EC2) EC2 instances typically account for a significant portion of an organization's AWS expenses. Continuous Improvement: FinOps encourages the constant evolution of cost management practices to meet changing business needs. Here are some common AWS resources where organizations frequently overspend: 1.

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Hidden MS Azure costs and how to monitor them to keep your cloud budget under control

FinOps in Practice

With the advent of the digital age, cloud computing has quickly become an essential option for organizations of all sizes and shapes. Being a relentless leader in the IT field, Microsoft just couldn’t help but come up with a cloud computing platform of its own. Say, you allocate 8GB of memory for a service that only requires 4GB.

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Cloud Cost Optimization 2.0: Embracing AI and Automation to Maximize Cloud Cost Savings

ProsperOps

By 2025, 51% of IT budgets will go to cloud-based systems and operations. methods enable organizations to derive the maximum value from cloud computing while spending less time managing and optimizing cloud costs. FinOps Basics: What is Cloud Cost Optimization? needs to evolve to meet the needs of modern FinOps and DevOps teams.

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