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State of FinOps - 2024 Report
The FinOps Foundation have published the results of their annual survey, the State of FinOps: The summary includes: - New key priorities of reducing waste and managing commitments, mirroring economic uncertainty - Though a top priority, majority heavily optimize only compute spend, leaving further efficiency opportunities - Forecasting capabilities need to improve considerably - Engineering persona getting the most value out of both FinOps training and self-service reporting - The cost of AI is affecting large spenders, but is still on the horizon for others - Intersection with sustainability teams is expected to increase considerably, very few are working together today - Humans are still in the loop for most automation Read more about the insights here: https://www.finops.org/insights/key-priorities-shift-in-2024/ Does this survey reflect what you're seeing as priorities and challenges in your own organization?
Understanding Cloud Cost Fluctuations with Power BI
Staying on top of your cloud costs requires regular reviews. There are many ways to slice and dice your cloud costs; one approach I find helpful is comparing daily and monthly cost deltas. Below is a visual from my Power BI report showing how my previous month’s costs compare to the month prior. The visual is filtered to only show delta increases/decreases over $1K. I can quickly see we spent $5K more on Azure SQL Database in the selected month compared to the previous month. I call this my 'large cost swings' graph. I understand that everything is not linear, nor do things translate nicely from one day or month to the next. However, the data has a story to tell. What I ask my team to focus on is the story the data is telling. In this case, we made some modifications to ADF and SQL, leading to a $4K net reduction in costs. Some stories explain the outcome of one or more actions. Then there are those stories which can help shape your future consumption and spending.Step by Step to Create a Tag Filter in FinOps Hub (Portuguese)
Now live on the Azure InfraGurus regional blog, is guidance on filtering by tags using FinOps hubs. This local language blog is published in Portuguese. https://techcommunity.microsoft.com/t5/azure-infragurus/passo-a-passo-para-criar-um-filtro-de-tag-no-finops-hub/ba-p/4249215 If you'e looking for more Infrastructure guidance in Portuguese, check out the rest of the blog: https://techcommunity.microsoft.com/t5/azure-infragurus/bg-p/AzureInfraGurusAzure compute reservation exchanges will remain available until further notice
The availability of Azure compute reservation exchanges for Azure Virtual Machine, Azure Dedicated Host and Azure App Service has been extended until further notice. Originally with a deadline of 1 July 2024, we have extended this and customers may continue exchanging their compute reservations for different instance series and regions until we notify them again, which will be at least 6 months in advance of the new deadline. Learn more: https://learn.microsoft.com/azure/cost-management-billing/reservations/reservation-exchange-policy-changes?WT.mc_id=modinfra-0000-socuffNEW: Set reservation to automatically renew
You can now opt in for your reservation to automatically renew. Your reservations will then automatically purchase a replacement when an existing reservation expires. Automatic renewal provides an easy way to continue getting reservation discounts. It also saves you from having to closely monitor a reservation's expiration or miss savings benefits until you manually renew. The renewal setting is turned off by default, but you can enable or disable the renewal setting anytime, up to the expiration of the existing reservation. Learn more here: https://learn.microsoft.com/azure/cost-management-billing/reservations/reservation-renew?WT.mc_id=modinfra-117912-socuff
