Episode 550: J.R. Storment and Mike Fuller on Cloud FinOps (Financial Operations)
Software Engineering Radio - the podcast for professional software developers
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Cloud Financing
In terms of rate optimization, how do you get the number of reserved instances or getting a committed usage discount from a cloud provider and then applying it back into the actual product? How does, how do we map that into individual products and resources? Yeah, this is an interesting challenge. It's different at various stages of maturity, right? So early on the challenge, when you're starting to finance practices, you're beginning to make commitments to the cloud provider for reserved instances capacity or savings bank capacity. And what companies end up with is a big deviation between the on demand spend and what you're paying for that. But longer term, though, as you get to a very large scale of
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