FinOps & Cost Management¶
Tools and platforms for cloud financial operations, cost visibility, optimization, and spend management across cloud providers.
| Name | Description | Link |
|---|---|---|
| AWS Cost Explorer | Native AWS tool for visualizing and analyzing AWS cost and usage data. | AWS Cost Explorer |
| Azure Cost Management | Cost management and billing service for Azure resources. | Azure Cost Management |
| Google Cloud Cost Management | Tools for cost visibility, budgeting, and optimization in Google Cloud. | Cloud Cost Management |
| CloudHealth by VMware | Multi-cloud cost management and governance platform. | CloudHealth |
| Cloudability by Apptio | FinOps platform focused on cost visibility, optimization, and financial accountability. | Cloudability |
| Spot by NetApp | Cloud optimization platform using automated scaling and capacity management. | Spot by NetApp |
FinOps Principles¶
Common principles used in cloud financial operations practices.
Cultural Aspects¶
- Shared responsibility - Collaboration between engineering, finance, and business
- Business value focus - Cost decisions aligned with business outcomes
- Continuous improvement - Ongoing optimization process
- Data-driven decisions - Decisions based on usage and cost metrics
Core Practices¶
- Cost visibility - Access to timely and accurate cost data
- Allocation and chargeback - Attribution of costs to teams or workloads
- Optimization - Identifying and reducing unnecessary spend
- Governance - Policies and controls for managing cloud usage
Have any suggestions, additions, best-practices or references? Please contribute to help others learn!