From the course: FinOps Essentials for Cloud Deployments

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Cloud spending analysis

Cloud spending analysis

From the course: FinOps Essentials for Cloud Deployments

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Cloud spending analysis

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- [Instructor] Once we have the data, we need to understand what's been spent, by whom, why, when, and how much, as well as many other data points that need to be monitored. Let's explore what we can do, or better yet, what finops technology can do with that data. The core value here is analysis of that spending, not only to determine the obvious, such as how much is being spent, on what cloud service over what period of time, but insights that may be even more useful, such as understanding how to optimize spending to minimize cloud computing costs. Basically, you can report on cloud spending in any way that you need to understand it. This is done through the mining of cloud spending data that is built over time using some business intelligence tool, or more likely a purpose built finops tool that allows for specifically the analysis and understanding of cloud spending data. Later in this course, we'll look at a few of…

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