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