FinOps

Cost Optimization Lifecycle:
Plan → Monitor → Optimize
  ↑               ↓
  └───← Report ←──┘

Cloud Cost Management

Resource Optimization

• Right-sizing

• Reserved Instances

• Spot Instances

• Auto-scaling

Cost Allocation

• Tagging Strategy

• Chargeback Models

• Showback Reports

• Budget Alerts

Multi-Cloud FinOps

AWS Cost Controls

• Savings Plans

• AWS Cost Explorer

• AWS Budgets

• AWS Cost Anomaly Detection

Azure Cost Management

• Azure Reserved VM Instances

• Azure Hybrid Benefits

• Azure Cost Analysis

• Azure Budgets

GCP Cost Optimization

• Committed Use Discounts

• Preemptible VMs

• GCP Cost Explorer

• GCP Recommendations

Implementation Examples

Terraform Cost Estimation

terraform {
  required_providers {
    infracost = {
      source = "infracost/infracost"
    }
  }
}

provider "infracost" {}

resource "aws_instance" "web" {
  instance_type = "t3.micro"
  # Cost-effective instance selection
}

# Enable detailed monitoring only where needed
resource "aws_cloudwatch_metric_alarm" "cpu" {
  count = var.environment == "prod" ? 1 : 0
}

Cost Optimization Practices

Development Environments

• Automated Shutdown

• Resource Limits

• Sandbox Environments

• Dev/Test Discounts

Production Optimization

• Performance/Cost Balance

• Capacity Planning

• Waste Reduction

• Architecture Optimization

Monitoring and Reporting

• Cost Dashboards

• Usage Analytics

• Trend Analysis

• Budget Tracking