FinOps for DevOps: A Framework for Cloud Cost Governance
DOI:
https://doi.org/10.53555/ephijse.v8i2.264Keywords:
FinOps, DevOps, cloud cost governance, cloud cost optimization, AWS Cost ExplorerAbstract
As cloud use develops constantly, companies are dependent more and more on cloud-native designs, which calls for effective cloud cost management. Tasked with ongoing app delivery, DevOps teams often struggle to manage cloud costs within their workflows. In the lack of sufficient management, cloud costs might rise quickly & causes the financial inefficiencies. This article provides a comprehensive approach for incorporating FinOps methods into DevOps systems, therefore providing a practical way to manage the cloud expenses. The framework underlines the requirement of coordination across development, operations & the financial teams to assure accountability & openness in the use of cloud resources. Emphasized for actual time cost monitoring, exact cost allocation & the resources optimization are key technologies such as AWS Cost Explorer, CloudWatch & the KubeCost. To improve financial performance, the article looks at ways to automate cost controls, create budgets & apply effective cost monitoring. Including FinOps ideas into the DevOps process helps companies to maintain agility while aggressively managing their cloud infrastructure costs. Finally, the paper underlines the need of cloud cost optimization in order to assure long-term financial sustainability and scalability of cloud-native ecosystems as well as to avoid budget excesses.
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