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FinOps is not just about cutting costs—it’s about eliminating waste to maximize business value from cloud spend. By focusing on efficiency and ROI, organizations can optimize their cloud infrastructure without sacrificing resilience, security, or observability.
You Should Know:
1. Monitoring and Observability Tools
To identify waste, use these tools:
- AWS Cost Explorer: Analyze cloud spending patterns.
aws ce get-cost-and-usage --time-period Start=2024-01-01,End=2024-01-31 --granularity MONTHLY --metrics "BlendedCost"
- Prometheus + Grafana: Track resource utilization.
Install Prometheus wget https://github.com/prometheus/prometheus/releases/download/v2.30.3/prometheus-2.30.3.linux-amd64.tar.gz tar xvfz prometheus-.tar.gz cd prometheus- ./prometheus --config.file=prometheus.yml
2. Right-Sizing Resources
Avoid over-provisioning with AWS CLI:
List EC2 instances with low CPU utilization aws cloudwatch get-metric-statistics --namespace AWS/EC2 --metric-name CPUUtilization --dimensions Name=InstanceId,Value=i-1234567890abcdef0 --start-time 2024-01-01T00:00:00 --end-time 2024-01-31T23:59:59 --period 3600 --statistics Average
3. Automating Cost Optimization
Use AWS Lambda to stop unused instances:
import boto3
def lambda_handler(event, context):
ec2 = boto3.client('ec2')
instances = ec2.describe_instances(Filters=[{'Name': 'instance-state-name', 'Values': ['running']}])
for instance in instances['Reservations']:
ec2.stop_instances(InstanceIds=[instance['Instances'][bash]['InstanceId']])
4. Multi-Region vs. Single-Region Strategy
Avoid unnecessary multi-region costs unless required:
Check cross-region data transfer costs
aws ce get-cost-and-usage --filter '{"Dimensions": {"Key": "REGION", "Values": ["us-east-1", "eu-west-1"]}}' --metrics "BlendedCost"
What Undercode Say:
FinOps is a strategic approach to cloud financial management, ensuring that every dollar spent contributes to business growth. By leveraging monitoring tools, right-sizing resources, and automating optimizations, organizations can reduce waste without compromising performance.
Key takeaways:
- Monitor relentlessly (AWS Cost Explorer, Prometheus).
- Right-size aggressively (AWS CLI, CloudWatch).
- Automate wisely (Lambda, Terraform).
- Avoid over-engineering redundancy (multi-region only when necessary).
Expected Output:
A well-optimized cloud infrastructure that balances cost efficiency with performance, security, and reliability.
Reference:
References:
Reported By: Theburningmonk Cutting – Hackers Feeds
Extra Hub: Undercode MoN
Basic Verification: Pass ✅
