Cloud Financial Operations: Strategies for Cost Management
November 5, 2024
This episode of FinOps on Azure delves into financial operations within cloud infrastructure management, featuring host Michael Stephenson, A FinOps certified practitioner, and Andrew Matveychuk, Information Technology Architect. They discuss the critical importance of cost management in cloud environments, highlighting the expectations versus reality of cloud migration costs.
Andrew shares insights from his extensive experience, emphasizing the need for organizations to identify their primary cost drivers and explore optimization strategies, such as Azure savings plans and reservations. The conversation also touches on leveraging existing Microsoft software licenses to reduce cloud expenses, underscoring the significance of strategic planning and resource management for effective financial operations in the cloud.