Cloud cost optimization and FinOps initiatives often center around trying to get better discounts by optimizing capacity reservations and Savings Plans with your cloud provider. But, the cloud cost optimization pyramid reveals the total cost challenge and how critical it is to consider optimizing the actual consumption of resources:
Despite awareness about the ongoing over-allocation of resources to cloud workloads, many organizations no mechanism to fix this problem. Even when they have internal suggestions identifying where waste might exist, teams experience resistance from Engineering and application owners who are fearful of making changes in the name of savings. So, organizations relegate themselves to trying to use financial vehicles exclusively in the pursuit of a better price.
This video covers the three key elements to solving these challenges:
We also include an open Q&A session so you can get all of your cloud cost questions answered.