SCHED’S ON SET: The Benefits Of Scheduled Instances To Generate Savings

In this episode, Nick and Jason dive deep into FinOps from the perspective of what analysts are saying. There are emerging reports in the industry and our hosts take us through them in more detail!

The duo discusses the different reports by Forrester and Gartner on FinOps, the cloud, the essence of collaboration, and more. There are insightful affirmative and counter points to every report so tune in to this latest episode of Cloud Cost Optimization.
 

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THE DRIVING FORCE OF MULTI-CLOUD PROCESSES

“When you start to expand your thinking of cloud into its not just infrastructure service, it is about the right tool for the right job, it is going to be SaaS platforms. We're moving away from the era of software in a data center that you own a license to use and it's sitting there to a consumption-based model for the things you need for your business.” - Nick

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at https://www.tenacity.ai/

In this episode, Nick and Jason talk about the FinOps Foundation, how it informs organizations of the best practices and standards in the industry, and its overall goals.

The duo discusses the importance of having this community in the space to make sure practitioners and business owners can be well-informed and learn together with others. There's a lot to learn so tune in to this latest episode of Cloud Cost Optimization.
 

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HOW THE FINOPS FOUNDATION HELPS ORGANIZATIONS APPLY FINOPS PRINCIPLES

“At the end of the day, the ultimate goal of that is that everyone that is a stakeholder or has the ability to inflict change in the cloud is able to take responsibility for their own actions and what they do so it's about informing the entire organization on what day to day decisions they make. How these affect cloud spend, cloud optimization, utilization, etc.” - Jason

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/
 

Get a free assessment and optimize your environment at

 https://www.tenacity.ai/

In this episode, Nick and Jason discuss the roles and key players within an organization and who exactly needs to be hands-on with the FinOps work. It's important to recognize these individuals and their responsibilities to understand why certain processes can be better done by certain role players compared to another.

The duo talk about timings when it comes to investments in these key players and how this will help attain cost-efficiency overall. There's a lot to learn so tune in to this latest episode of Cloud Cost Optimization.

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ADDRESS EARLY COMPLAINTS WHEN IT COMES TO THE DATA ENGINEER

“That ends up being this early issue that they deal with is 'I need to optimize, I need to go achieve a certain cut to my cloud bill' or whatever it is. And then following that is 'it's really expensive for me to do this because I'm putting a software engineer or a data engineer on this' and it's taking a ton of their time.” - Nick

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at https://www.tenacity.ai/

In this episode, Nick and Jason discuss the requirements for a FinOps certification and what training you should have or get if you want to get into the field. They also walk us through the baseline knowledge to have as one organizes FinOps inside their own organization.

Aside from the modules, Nick and Jason remind aspiring FinOps professionals about any experience requirements depending on the company or practice as well. Learn more about these in more detail with the latest episode of Cloud Cost Optimization.

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HAVE A BASE-LEVEL UNDERSTANDING OF WHAT THE CLOUD IS

“If you're in finance, engineers are going to be coming to you with terminology that you might not understand that's cloud-specific. And if you're an engineer, finance people are going to be talking to you about terminology that you might not quite understand or use on a day-to-day basis.” - Jason

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/
 

Get a free assessment and optimize your environment at https://www.tenacity.ai/

In this episode, Nick and Jason continue the conversation with Beko Jang, Solutions Consultant at awshealth.cloud on helping organizations reach an optimized state. There is an idea that you naturally start with chaos instead of actual architecture to bring order in the optimization journey.

Becko shares his experience in reducing costs while still delivering your services effectively. He also discusses the factors that can give you leverage in the market in terms of customer acquisition cost and how AI has been impacting the cloud cost optimization space. Learn about these in even more detail in this latest episode of Cloud Cost Optimization.

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DO WE NEED MORE DEVELOPERS?

“Capital is going to flow to where it is going to get the best return. And you're not going to get the best return by paying high salary for engineers, you're going to get the best return by hiring 1 or 2 engineers that really know how to use these tools to create 10x the output.” - Beko

Connect with Beko through these links:

• LinkedIn: https://www.linkedin.com/in/bekojang/
• Twitter: https://twitter.com/bekojango
• Website: https://www.awshealth.cloud/

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at https://www.tenacity.ai/

In this episode, Nick and Jason welcome Beko Jang, Solutions Consultant at awshealth.cloud. Healthcare providers need effective cloud solutions to help them make even more efficient diagnostic decisions.

Becko shares his insights on how founders can do a better job in structuring cloud architecture so that they can be better operators and serve the healthcare space more thoroughly. There's a lot to unpack so tune in to this latest episode of Cloud Cost Optimization.

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THE VALUE-BASED CONCEPT COULD LEAD PROVIDERS TO ALLOCATE COSTS MORE CLEARLY

“The rise of the value-based paradigm where you're now under value-based contract meaning you have to report out quality metrics if you want to get paid the amount that you are promised. Because you are now having to carry that risk because it's a paradigm shift from volume to value.” - Beko

Connect with Beko through these links:

• LinkedIn: https://www.linkedin.com/in/bekojang/
• Twitter: https://twitter.com/bekojango
• Website: https://www.awshealth.cloud/

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at https://www.tenacity.ai/

In this episode, Nick and Jason discuss the different lessons they've learned to keep cloud costs in check with the right FinOps strategies. Accountability with competing priorities is a common challenge, for example, where mapping out cloud spending data comes in and turns everything into a data-driven approach.

Understanding cloud unit economics is another solution we should take into account but it can be next to impossible. That's unless you've put in enough effort! There are many more nuggets of wisdom so tune in to learn more in this latest episode of Cloud Cost Optimization.

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CONSIDER OTHER ASPECTS THAT AFFECT THE COST

“Nobody has the best ideas. The greatest ideas actually come from collaboration. It comes from, if four people enter a room, 4 ideas go on the table. They get debated, they get torn apart, they get a fifth idea that emerges, then a 6th, and then 7th. And those ideas get it iteratively better until you walk out the room agreeing that there's a path you can still take.” - Nick

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at

 https://www.tenacity.ai/

In this episode, Nick and Jason dive into tackling cloud cost management with the proper FinOps mindset. There are certain frameworks that FinOps employs to address different issues and some of these solutions could prove well for cloud cost optimization.

For one, you can't optimize environments with a one-size-fits-all mindset because that way, you're simply ignoring the superpowers of cloud. Nick and Jason discuss using a data-driven decision approach so that every process is done with proper alignment in all parts of the business. Tune in to learn more in this latest episode of Cloud Cost Optimization.

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CONSIDER OTHER ASPECTS THAT AFFECT THE COST

“It's not all about the dollars you spend in the cloud, right? It's also about supportability. You could tell me this is half the cost but it's going to take twice the people to manage.” - Jason

“It's also variance. It also depends on who you are, what type of organization you are and you do not want a massive variance to the positive or negative.” - Nick

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at

 https://www.tenacity.ai/

Nick and Jason are back in this episode of Cloud Cost Optimization, highlighting the potential of AI, specifically generative AI, to completely transform the landscape of FinOps. Generative AI has seen a massive jump in capability, and it's predicted that it will automate repetitive tasks and find solutions to problems, making things more efficient across the board. 

This technology could also help business analysts and practitioners generate pieces of code to improve their jobs and reduce time to market on problems and software. Learn more about the capabilities of AI that are transformative to FinOps in this latest episode of Cloud Cost Optimization.

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JASON: AI FOR FINOPS IS TRANSFORMATIVE

“It just applies in general to FinOps, it's gonna help us in our cloud cost optimization efforts and can help automate repetitive tasks and find those things. So there's a lot of other things that we're gonna, I'm sure we're going to talk about, but it is going to completely transform our lives for sure. It may not be everybody's, but from a technical perspective in our industry, completely transformative.”

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at https://www.tenacity.ai/.

In this episode, Nick and Jason discuss ongoing trends in FinOps and predictions for the next year. The five trends they cover are modernization, multi-cloud, FinOps, AI and machine learning, and cloud-native. They discuss the benefits and challenges of each trend and predict the rapid adoption of FinOps in the next year. Learn more if you are implementing these trends in your organization and how to improve it more with this latest episode of Cloud Cost Optimization.

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JASON: EMBRACING MODERNIZATION

“I think modernization is a key topic, and it's a key trend that's kind of been happening for the last few years, but I think it's going to continue to happen at a greater pace, and modernization comes basically in a couple of different forms. From a technology perspective, it's about embracing, containerization or serverless computing, but at a higher level is just about becoming more cloud native.”

NICK: ADVANTAGE OF PRODUCTIVITY EFFICIENCY

“Productivity efficiency is going to be a big part of it, like a really great team right now produces on average at 80 lines of code per day per developer per engineer, and a lot of models say that once you age, that software and you get out a couple of years, you're actually at about 10 lines of code a day, and that's normal, that's good.”

Get to know our hosts in the links below:

• Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
• Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/

Wanna learn more about FinOps and Cloud Cost Optimization? Need help navigating around it or exploring its implementation? Hit us up on Reddit at: https://www.reddit.com/r/cloudcostoptimization/

Get a free assessment and optimize your environment at https://www.tenacity.ai/.