In this episode of the FinOps NEXUS Podcast, host Jon Myer dives deep into the complexities of FinOps with special guest Hunter Harris. They explore the intricacies of chargeback and showback, discussing how to implement effective tagging strategies, enforce tagging policies, and accurately charge back costs to individual business units. Hunter shares invaluable insights into the tools and methodologies used for cost optimization and transparency in cloud environments.
Key Takeaways:
🔸Understanding the concepts of chargeback and showback in FinOps
🔸Effective tagging strategies and policies for accurate cost allocation
🔸Leveraging enterprise data sources and tools like Athena for cost management
🔸The importance of transparency, trust, and communication in FinOps
🔸Handling anomalies and optimizing cloud usage for cost savings
Don't miss out on this enlightening conversation that could transform your approach to financial operations in the cloud!
Timestamps:
0:00 - Introduction
0:15 - Discussion on Chargeback and Showback
1:13 - Charging Back Individual Groups
2:29 - Tagging Strategies for Accurate Chargeback
4:04 - Enforcing Tagging Policies
5:36 - Tools for Data Visualization and Dashboarding
7:20 - Handling Anomalies in Cloud Costs
8:51 - Rate Optimization and Cost Management
10:59 - Fair Distribution of Discounts
12:39 - Transparency and Effective Savings Rate
14:02 - Effective Savings Rate in Detail
15:13 - Trust and Transparency in FinOps
16:24 - Closing Remarks
Check out our podcasts and community website at: finopsnexus.com
Spotify: open.spotify.com/show/1iyJVVI...
#finops #cloudoptimization #cloudfinancialmanagement
26 июн 2024
