Author name: Yurii Kucherenko

FinOps Maturity Model: tracking your cost optimization progress

In today’s rapidly evolving business landscape, organizations are increasingly adopting FinOps practices to optimize their cloud costs and enhance financial operational efficiency. The FinOps Maturity Model provides a framework to assess an organization’s level of maturity in various FinOps capabilities, enabling them to identify areas for improvement and chart a course towards achieving their financial …

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Capabilities of FinOps: effective cloud cost management

Cloud computing has revolutionized the way businesses operate, providing scalability, flexibility, and cost-efficiency. However, managing cloud costs can be a complex endeavor without proper oversight and control. This is where FinOps (Financial Operations) comes into play. FinOps is a practice that combines financial management principles with cloud operations to optimize costs and drive value from …

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FinOps cloud cost optimization framework: Domains overview

A FinOps Domain is a specific area or scope within an organization where financial operations (FinOps) practices are applied. It could be a department, a project, or a product line. The main goal of having FinOps Domains is to bring financial accountability and optimization to different parts of an organization’s operations. When adopting FinOps, every …

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AWS Free Tier: an overview of capabilities and limitations

AWS Free Tier is a program that allows users to explore and experience a range of AWS services at no cost, up to specified usage limits. This article will provide a comprehensive guide on how to effectively use it. We will cover its purpose, terms of use, supported services, and highlight the benefits it offers …

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aws cost estimate calculation

5 ways to get your AWS cost estimate

Estimating AWS costs is crucial for effective budget planning, cost optimization, and decision-making. By getting an estimate of the costs associated with running your AWS resources, you can allocate your budget wisely, identify areas for cost optimization, compare different resource configurations, forecast future expenses, and make informed decisions. These estimates provide valuable insights into the …

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Unit economics applied to cloud cost

Understanding your business’ unit economics, including the cost of specific features, products, and customers, is crucial to making informed decisions that can drive profitability. For SaaS companies, there are several key unit economic metrics to monitor in order to identify opportunities and plan for the future. Metrics required for cloud cost analysis   The first …

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Comparison of Amazon EC2 Auto Scaling & AWS Auto Scaling

As businesses increasingly turn to cloud computing, there is a growing need for solutions that can automatically scale resources up or down based on demand. Amazon Web Services (AWS) offers two popular services for this purpose: Amazon EC2 Auto Scaling and AWS AutoScaling. While both services offer similar functionality, there are key differences between them …

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12 Tools for Your Container Orchestration

Containerization has revolutionized software development and deployment, allowing organizations to build, test, and deploy applications faster and more efficiently. However, as the number of containers grows, managing and scaling them becomes increasingly challenging. Container orchestration is the process of managing and automating the deployment, scaling, and operation of containerized applications. In this article, we will …

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How to reduce COGS with AWS Cloud cost optimization

COGS is a reflection of how much money you spend on the goods or services your customers buy. It describes the direct expenses required in creating and maintaining subscription-based software services at a software-as-a-service (SaaS) business. Anyone who has ever used any cloud services can confirm that the cost of cloud computing can become one …

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