Best Practices Directory
Cloud Cost Optimization Best Practices
As they describe in this blog the Home Office has applied a sequence of best practices to reduce their Cloud cost expenses by 40%.
These best practices are known as ‘FinOps’. As the FinOps Foundation explains, this combines DevOps with Financial Operations, so that organizations can gain more spending control and predictability.
The volume to manage is vast. VentureBeat reported that Cloud spending will outstrip traditional IT by 2025, the total amount being a whopping $1.8 trillion. Naturally enterprises will want to optimize that expense as much as possible and that’s where FinOps comes in.