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FinOps in Africa: Automation & Sustainability for Cloud Cost Optimization

Updated: Aug 15, 2023

A presentation from a webinar that delves into the immense potential of automation in FinOps (Financial Operations) and emphasizes the importance of sustainable practices in optimizing costs within the Cloud. The webinar was conducted in French, and we have prepared a summary specifically for our English-speaking audience. The webinar covers key topics such as Cloud optimization, Cloud automation, metrics for monitoring FinOps, and Cloud sustainability.

An interactive element in the form of a poll engaged the audience to gauge their familiarity with FinOps. The key takeaways from the webinar are as follows:

Automation in FinOps: Leveraging automation is a powerful tool for optimizing costs and efficiently managing resources in cloud computing, specifically in the realm of financial operations.

Sustainable Practices: Incorporating sustainable practices is crucial for effective cost optimization in the Cloud. This involves considering the environmental impact and striving for resource efficiency.

Monitoring Metrics: A thorough understanding and continuous monitoring of metrics, such as utilization and coverage, are essential components of successful optimization in FinOps.

The webinar's expert advice encompassed the following recommendations:

Start Small: Begin with small-scale implementations and focus on achieving quick wins. This approach helps build momentum and confidence in your FinOps journey.

Cultivate a FinOps Culture: Foster a FinOps culture within your organization, encouraging cost mindfulness and ensuring alignment among all stakeholders regarding financial operations.

Utilize Tools: Take advantage of native tooling or FinOps Suites specifically designed to assist in managing and optimizing costs effectively.

Stay Informed: Keep yourself updated on the latest trends and best practices in FinOps to stay ahead of the curve.

Engage with the Community: Participate in the FinOps community to learn from others, share knowledge, and benefit from collective expertise.

Certification and Training: Consider obtaining FinOps certification and training for yourself or your team to enhance your skills and competencies in cloud financial management.

Join the FinOps Foundation: Become a part of the FinOps Foundation to access valuable resources and engage with a community focused on cloud financial management.

By incorporating these insights and recommendations, organizations can harness the power of automation in FinOps and implement sustainable practices to optimize costs effectively in the Cloud.


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