3. Automate Cloud Management and FinOps Reporting
Automation plays a crucial role in optimizing cloud operations. Tasks such as shutting down idle resources, adjusting workload scales automatically, and resizing instances based on usage patterns are prime candidates for automation. However, FinOps practitioners, typically IT decision-makers, often face additional challenges in collecting and analyzing data.
Manual data gathering can be time-consuming and divert focus from critical reporting and analysis tasks, especially in complex multicloud environments with diverse billing structures. Delivering information to end-users with appropriate context and access controls adds further complexity to the process, requiring optimization opportunities to be identified and shared with technical stakeholders.
DIVE DEEPER: Manufacturers are leveraging multicloud environments for enhanced analytics capabilities.
To streamline these processes, SMBs are encouraged to automate reporting to ensure timely delivery of actionable insights. Various solutions and services are available to simplify data-sharing among stakeholders, with tools like Flexera offering prebuilt integrations for seamless collaboration. Additionally, joining the FinOps Foundation enables cloud-heavy SMBs to collaborate with industry peers and access valuable resources for optimizing cloud operations.
According to Shenoy, the FinOps framework and associated best practices are invaluable resources derived from the collective experiences of practitioners worldwide.
