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Cloud FinOps

Collaborative, Real-Time Cloud Financial Management
By Mike Fuller and J.R. Storment
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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Cloud FinOps explores the discipline of financial operations management in cloud computing, focusing on how organisations can bring financial accountability to their cloud spend. This second edition offers an updated roadmap derived from numerous real-world experiences, emphasizing the development of a collaborative culture between engineering, finance, and executive teams. It covers practical topics such as forecasting, cost allocation, automation, and sustainability within cloud financial management.
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Format: Paperback / softback
$15600

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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for finance professionals, cloud engineers, product managers, and executives involved in managing or understanding cloud expenditure. It suits those seeking practical guidance on adopting and maturing FinOps practices within enterprises leveraging cloud technology.

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The second edition of this practical book provides a road map for adopting and maturing cloud FinOps in your organization, based on the experience of hundreds of real-world practitioners. Seven new chapters include forecasting, adopting Finops, partnering with engineering, sustainability, the UI of FinOps, and connectivity to other frameworks.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Cloud FinOps brings financial accountability to the variable spend model of cloud. As enterprises move aggressively to cloud, ownership of technology and financial decision-making has shifted to the edges of the organisation, away from procurement to engineering, architecture, and product teams. FinOps, having grown from a fringe practice to the de facto discipline managing cloud spend, is now practised by the majority of global enterprises.

This second edition provides a roadmap for adopting and maturing the discipline, drawn from the experience of hundreds of real-world practitioners. Seven new chapters include forecasting, adopting FinOps, partnering with engineering, sustainability, the UI of FinOps, and connectivity to other frameworks. There are updates throughout the book, including 150 new pages of best practices and dozens of new stories.

Drawing on real-world successes and failures of large-scale cloud spenders, the book outlines the process of building a culture of cloud FinOps in your organisation. Engineering and finance teams, executives, and FinOps practitioners alike will learn how to build an efficient and effective FinOps machine for data-driven cloud value decision-making.

With this book, you'll learn:

  • The DNA of a highly functional cloud FinOps culture
  • A roadmap to build executive support for FinOps adoption
  • How to understand and forecast your cloud spending
  • How to empower engineering and finance to work together
  • Cost allocation strategies to create accountability for cloud and container spend
  • Strategies for rate discounts from cloud commitments
  • When and how to implement automation of repetitive cost tasks
  • How to empower engineering team action on cost efficiency
  • Using unit economics to drive data-driven decision-making

Book Details

INFORMATION

ISBN: 9781492098355

Publisher: O'Reilly Media

Format: Paperback / softback

Date Published: 31 January 2023

Country: United States

Imprint: O'Reilly Media

Edition: 2nd edition

Audience: General / adult, Professional and scholarly

DIMENSIONS

Width: 178.0mm

Height: 233.0mm

Weight: 0g

Pages: 350

Collections

Computing & Technology Education & Reference J.R. Storment Mike Fuller Non-Fiction

About the Author

J.R. is Executive Director of the FinOps Foundation (a program of the Linux Foundation), co-author of O'Reilly's book on cloud financial management called "Cloud FinOps, Collaborative, Real-Time Cloud Financial Management", and was formerly the co-founder of Cloudability which was acquired by Apptio, where he served as the GM of Cloud & VP of Product. He has spent the last 25 years building web platforms and the last 10 working with thousands of the largest cloud spenders in the world--from GE to Nike to BP to Atlassian to Uber to Spotify-- to design strategies to optimize and analyze their cloud financial management discipline. Mike Fuller has worked at Atlassian's Sydney Australia head office for the past 10 years, currently as a Principal Engineer in the Cloud FinOps Team. Mike's role at Atlassian has him working with most of the AWS Services and assisting teams inside Atlassian to operate with security, high availability and cost efficiency. Mike was a key member in building Atlassian's cloud center of excellence which is responsible for the design, governance, and implementation of best practices at Atlassian. Mike holds a bachelor degree in Computer Science and 9 AWS certifications and has presented at multiple AWS Re: Invent and AWS Summit events on topics involving AWS Security and Cost Optimisation.

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