The cost optimization pillar in the Google Cloud Well-Architected Framework describes principles and recommendations to optimize the cost of your workloads in Google Cloud.
The recommendations in the cost optimization pillar of the Well-Architected Framework are mapped to the following core principles:
Align cloud spending with business value: Ensure that your cloud resources deliver measurable business value by aligning IT spending with business objectives.
Foster a culture of cost awareness: Ensure that people across your organization consider the cost impact of their decisions and activities, and ensure that they have access to the cost information required to make informed decisions.
Optimize resource usage: Provision only the resources that you need, and pay only for the resources that you consume.
Optimize continuously: Continuously monitor your cloud resource usage and costs, and proactively make adjustments as needed to optimize your spending. This approach involves identifying and addressing potential cost inefficiencies before they become significant problems.
These principles are closely aligned with the core tenets of cloud FinOps. FinOps is relevant to any organization, regardless of its size or maturity in the cloud. By adopting these principles and following the related recommendations, you can control and optimize costs throughout your journey in the cloud.
What is Cloud FinOps?
An operational framework and cultural shift that brings technology, finance, and business together to drive financial accountability and accelerate business value realization through cloud transformation.
• FinOps enables enterprises to drive financial accountability and maximize business value
• FinOps helps understand the complexity and challenges to traditional IT financial management
• FinOps helps to identify the building blocks and key success metrics for business value realization
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