Cost Optimization in cloud costs with FinOps and multi-cloud billing monitoring tool
Mei, Lee (2023)
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202304115040
https://urn.fi/URN:NBN:fi:amk-202304115040
Tiivistelmä
This thesis aims to explore how Financial Operations (FinOps) can be integrated with cloud monitoring tools to achieve cost optimization in cloud environments. The thesis examines the techniques and strategies used in FinOps, including cost allocation, budgeting, and forecasting, and how they can be used in combination with cloud monitoring tools to optimize cloud costs. The thesis also addresses the challenges that organizations may encounter when operating in a cloud environment.
Additionally, the thesis provides an overview of a multi-cloud billing monitoring tool that can enhance the cost optimization approach from a modern perspective. The thesis concludes that the integration of FinOps and cloud monitoring tools can provide a comprehensive approach to cost optimization in cloud environments, but effective implementation requires strong data management, tool integration, and team communication.
Through the application of the insights and techniques presented in this thesis, organizations can achieve cost optimization while preserving system performance and functionality.
Additionally, the thesis provides an overview of a multi-cloud billing monitoring tool that can enhance the cost optimization approach from a modern perspective. The thesis concludes that the integration of FinOps and cloud monitoring tools can provide a comprehensive approach to cost optimization in cloud environments, but effective implementation requires strong data management, tool integration, and team communication.
Through the application of the insights and techniques presented in this thesis, organizations can achieve cost optimization while preserving system performance and functionality.