FinOps is all about ensuring that the costs of running software in the cloud doesn't get out of hand, remains transparent and optimised. It involves collaboration between developers, operations, and finance teams to make select the right resources and allocate them appropriately.
The ultimate goal of FinOps is to prevent waste in cloud spending, as it's way too easy to provision unused or under-utilized resources. spending.
Explore related concepts
Observability
Observability is the ability to understand how your application is working and behaving in production through telemetry data (logs, metrics, traces, wide events, etc.). It enables you detect, diagnose and resolve issues in your app before they impact your users and become problems.
Anomaly Detection
Anomaly detection is the process of identifying unexpected or irregular patterns in telemetry data that is far from the norm, which usually means something is off and requires human attention.
Autoscaling
Autoscaling is the ability of an application to automatically adjust its resources based on real-time demand, ensuring optimal performance and cost-efficiency. This enables applications to dynamically scale up or down in response to changes in traffic, without manual intervention.