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Google Cloud Cost Attribution Solution to Enhance Cloud Cost Visibility
Google Cloud's new Cost Attribution Solution revolutionizes cloud cost management with enhanced metadata and labeling tools. Tailored for both newcomers and veterans, it enables organizations to track expenses by team, project, and service, fostering informed financial decisions. With automated labeling and detailed reports, businesses can optimize resource allocation and cost visibility.
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How the Adidas Platform Team Reduced the Cost of Running Kubernetes Clusters
The multi-pronged approach the adidas team took can be useful for platform engineering teams in many other organizations, as a recent CNCF report stated that Kubernetes has driven cloud spending up for 49% of respondents.
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Ahrefs Joins Others in Suggesting That On-Premises Hosting Can Be More Cost Effective than Cloud
A recent article claims that Ahrefs, an SEO software suite company, was able to prevent $400 million in expenditures over three years by not leveraging cloud resources. Similarly, 37Signals, the makers of Basecamp, has begun a cloud exodus with the stated goal of saving seven million dollars in infrastructure costs over five years.
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State of FinOps 2024: Reducing Waste and Embracing AI
In the 2024 State of FinOps survey, Engineering Enablement has been replaced by a focus on cost and waste reduction. This shows maturity of FinOps as the persona getting the most value from FinOps remains the engineer. The confluence of AI and FinOps observability aims to optimise cloud spend visibility and improve insights into early AI experimentation, as well as sustainability goals.
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AI and FinOps Predicted to Lead Observability Innovation in 2024
In recently published articles, three large observability companies have made predictions for the trends we will see in the observability area in 2024 and beyond. These contributions suggest that the fields of AI Integration, FinOps, OpenTelemetry and Security and Governance will impact observability significantly in the year ahead.
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ScaleOps Automates Rightsizing to Reduce Kubernetes Costs
ScaleOps, a startup working in the cloud resource management sector, has unveiled a fully-automated cloud-native cost saving platform. ScaleOps claims to slash cloud costs by up to 80%, with a fully-automated platform that continuously optimizes and manages cloud-native resources during runtime.
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Cloud Monitoring Metrics in BigQuery Provides Improved GKE Cost Analysis
Google brings Cloud Monitoring metrics in BigQuery as a new capability in preview to combine billing data with resource utilization metrics. The combination allows users to perform detailed cost analyses in BigQuery. In addition, the company provides an out-of-the-box Looker Studio template that combines Cloud Monitoring and detailed billing metrics for Google Kubernetes Engine (GKE).
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DoorDash Uses Service Mesh and Cell-Based Architecture to Significantly Reduce Data Transfer Costs
In a recent move, DoorDash has significantly optimized its cloud infrastructure costs. The company faced increased cross-AZ data transfer costs when transitioning to a microservices architecture. To substantially reduce this cost, DoorDash implemented zone-aware routing with its Envoy-based service mesh, taking advantage of its Cell-Based Architecture.
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The Frugal Architect: AWS Promotes Cost Awareness for Sustainability
Dr. Werner Vogels, AWS' CTO, dedicated the first part of his re:Invent keynote to discussing the laws of frugal architectures, cloud-native architectures aiming at delivering cost-aware, sustainable, and maintainable solutions. Vogels laid out seven simple laws based on his and AWS’ experience building and evolving cloud platform services, with cost implications as one of the primary drivers.
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Budget for Project Users in Google Cloud Lowers the Barrier to Create and Manage Budgets
Google recently introduced budgets for project users, allowing users with a project owner or project editor role to create budgets for their projects without needing access to the higher-level billing account permissions to get notifications based on their cloud spend. This Cloud Billing feature is currently in preview.
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Microsoft Joins the FinOps Foundation as a Premier Member
Microsoft has officially joined the FinOps Foundation, a non-profit organization that promotes financial management in cloud technology.
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Microsoft Introduces Azure Savings Plans for Compute
Microsoft recently announced Azure Savings Plans for Compute, providing customers with an easy and flexible way to save significantly on compute services compared to pay-as-you-go prices by committing to spend a fixed hourly amount for one or three years.
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Customizable Pricing and Cost Visibility with AWS Billing Conductor
Recently, AWS announced AWS Billing Conductor, allowing enterprises to quickly provide customizable pricing and cost visibility for their end customers or business units. The service does not impact the billing and invoicing relationship between customers and AWS, as it is intended for enterprises that have specific showback and chargeback needs.
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Cheryl Hung on Trends in Cloud Native and DevOps for 2021
In a recent keynote for The DEVOPS Conference, Cheryl Hung, VP ecosystem for the Cloud Native Computing Foundation (CNCF), shared her top 10 predictions for cloud native in the upcoming year. This includes improvements in cross cloud support, growth in GitOps and chaos engineering practices, and an increase in the adoption of FinOps.