FinOps
- Cost effective cloud usage
- Lift and shifting on-prem VM's to the cloud and running them 24x7 is more expensive.
Companies selling FonOps services
How to save
- Make use of the cloud flexibility
- Reduce VM size to what's required as it is easy to increase.
- Stop VM's when not in use, e.g. after hour's and weekends
- Use spot instances for certain loads
- Spot is spare capacity cloud providers rent out cheaply but can reclaim at short notice when they have a shortage for full paying customers e.g. during DC outage.