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Under "Leverage the variable cost model of the cloud' you talk about "Don't look at the future capacity demands as per the traditional model" but on the other hand we know that most enterprises make large multi-year commit agreements to guarantee discounts. I think the only way to do this is to project future demands. So how can someone stick to this principles and still make a long term agreement?
While it's true that many enterprises enter into long-term commitment agreements with cloud providers to secure discounts, it's important to reconcile the principles of FinOps with the need for such commitments. The key is to strike a balance between ensuring cost predictability through commitments and leveraging the variable cost model of the cloud. This highlights the need for dynamic forecasting, collaboration between finance and ops and undertaking regular reviews and optimisation
