Other Considerations for Cloud Economics
Apr 27, 2021•10 min•Ep 4•Transcript available on Metacast Episode description
SHOW: Season 3, Show 4
OVERVIEW: From the creators of the Internet's #1 Cloud Computing podcast, The Cloudcast, Aaron Delp (@aarondelp) and Brian Gracely (@bgracely) introduce this new podcast, Cloudcast Basics.
OTHER CONSIDERATIONS FOR CLOUD ECONOMICS
Introduction & Explanation:
- Read up on how other people have engaged with the cloud and their experiences from an economic perspective - both good and bad.
- Baseline your usage with early applications and usage models.
- Focus early-on to align your cloud costs to the revenues or business metrics for specific projects.
- Consider evolving your Financial team to understand the various cloud economic models, or consider investing in FinOps skills and tools
- Understand your vendors’s business model - where/when do they discount, where/when do they apply credits, etc.
- Educate your teams that experimentation is something to embrace. Educate them about how to leverage the services within the cloud to augment their teams.
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