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FinOps Essentials for Cloud Deployments

FinOps Essentials for Cloud Deployments

2h 13mIntermediate2022-10-20

Authors

David Linthicum

David Linthicum

Chief Cloud Strategy Officer at Deloitte Consulting

Course details

FinOps sits at the intersection of finance and cloud operations, where cross-functional teamwork is essential for success. When it comes to cloud computing, FinOps managers are responsible for overseeing cloud costs and building teams across engineering, product, finance, and more. In this course, instructor David Linthicum gives an overview of the basics of cloud FinOps, collaborating with ever-changing systems, and how to motivate data-driven financial decision-making to optimize business value.

Discover the key objectives and underpinnings of FinOps so you can get ready to start crafting your own plan. Learn how to develop an effective plan for cloud deployment, while ensuring that you include everyone who needs to be involved in the process. Get tips from David on cost optimization, cost analysis and forecasting, important automation considerations, compliance, and governance. Along the way, review core cloud FinOps concepts in action by exploring practical case studies drawn from cloud computing and enterprise management.

Skills covered

Software DeploymentCorporate FinanceFinance and AccountingNetwork and System AdministrationOne-Off

Concepts

0. Introduction

  • 01 - Introduction to FinOps
  • 02 - What you should know

1. FinOps Introduction

  • 03 - Understanding FinOps and its importance
  • 04 - Business need for FinOps for cloud computing
  • 05 - Defining cloud computing value and metrics
  • 06 - Case study - Cloud budget overage
  • 07 - Case study - Multicloud cost mayhem
  • 08 - Introduction to FinOps objectives
  • 09 - Introduction to FinOps technology
  • 10 - Introduction to FinOps best practices

2. Establishing FinOps in Your Organization

  • 11 - Determining your business requirements and business case for FinOps
  • 12 - Single-cloud cost tracking
  • 13 - Multicloud and hybrid cloud cost tracking
  • 14 - Putting your cloud cost data to use
  • 15 - Setting up cloud cost observability
  • 16 - Setting up cloud cost governance
  • 17 - Basic FinOps planning for the enterprise

3. Externalizing FinOps to the Organization

  • 18 - Cloud spending visibility
  • 19 - Cloud spending benchmarks
  • 20 - Communicating the FinOps plan to operators and stakeholders
  • 21 - Identifying the steps in your FinOps plan
  • 22 - Assigning roles in your FinOps plan
  • 23 - FinOps and compliance and agreements
  • 24 - FinOps collaboration and culture
  • 25 - Challenge - Approach cloud spending visibility for Henry's Hammocks
  • 26 - Solution - Review the potential solutions you can leverage

4. Optimizing for FinOps in Your Organization

  • 27 - Cloud spending observability
  • 28 - Cloud spending analysis
  • 29 - Cloud spending forecasting
  • 30 - Cloud spending optimization processes and metrics
  • 31 - Cloud spending optimization technology
  • 32 - Cloud spending optimization for business value
  • 33 - Challenge - Approach cloud spending forecasting for Henry's Hammocks
  • 34 - Solution - Review the potential solutions you can leverage

5. Automating for FinOps

  • 35 - Identifying what you should automate
  • 36 - Automation best practice considerations
  • 37 - FinOps automation technology types and usages
  • 38 - Leveraging AI for better FinOps automation
  • 39 - Demo - FinOps automation with AWS Cost Explorer

6. Operating for FinOps Success

  • 40 - FinOps continuous improvement
  • 41 - FinOps observability
  • 42 - Supporting audits
  • 43 - Supporting compliance
  • 44 - Defining FinOps operational success
  • 45 - Challenge - Approaching compliance for Henry's Hammocks
  • 46 - Solution - Review the potential solutions you can leverage

Conclusion

  • 47 - Next steps

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