ZG FinOps Blog
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Cloud Hosting Cost Types
One of the main advantages of a cloud environment is the great amount of data it produces about itself; be it regarding performance, security, reliability, usage, etc. The billing data is not behind on this matter. With millions of records produced every day, it is important to sort them out wisely so that the data…
FinOps Europe Community Day
On March 21st, 2023, I spoke at the first FinOps Community Day Europe in Amsterdam. Topics included challenges, reporting structure, sustainability, and notable projects and tools such as the FOCUS project and the FinOps Maturity Model. Networking and knowledge sharing were also highlighted.
EVM: How to calculate in a FinOps context
Earned Value Management (EVM) is applied to Cloud FinOps within the ‘Quantify Business Value’ domain. It uses Cost Performance Indicator (CPI) to assess if cloud spend delivers expected value. EVM condenses cost situation and business results into indicators, requiring early maturity in capabilities.
FinOps Success Case – FARFETCH
Farfetch’s IT arm, FTECH, achieved noteworthy cost optimization in 2023, spending €3.4M less than in 2022. Their FinOps approach, including cultural practices and cost-saving initiatives, resulted in significant successes. Looking ahead to 2024, they plan to build on these achievements.
Cloud Hosting Blended Cost for Azure China
The article addresses the need for a new cost type to match net total on Azure China invoices and fairly distribute commitment-based discounts across teams. It details the challenges and benefits of implementing blended cost calculation for Azure China.
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