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Cloud Cost Optimization

Nick Lumsden, Jason Yaeger

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More and more people are building cool stuff in the cloud—but they spend way too much money doing it. The Cloud Cost Optimization Podcast takes a deep dive into the tech and trends of cloud computing and how to maximize its value at the lowest possible cost. We talk to experts in the cloud-native hyperscale world to learn their strategies that cut down waste and find hidden savings right now! Don’t get ripped off by your cloud provider. Learn more on https://www.tenacitycloud.com.
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In this episode, Nick and Jason dive deep into FinOps from the perspective of what analysts are saying. There are emerging reports in the industry and our hosts take us through them in more detail! The duo discusses the different reports by Forrester and Gartner on FinOps, the cloud, the essence of collaboration, and more. There are insightful affi…
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In this episode, Nick and Jason talk about the FinOps Foundation, how it informs organizations of the best practices and standards in the industry, and its overall goals. The duo discusses the importance of having this community in the space to make sure practitioners and business owners can be well-informed and learn together with others. There's …
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In this episode, Nick and Jason discuss the roles and key players within an organization and who exactly needs to be hands-on with the FinOps work. It's important to recognize these individuals and their responsibilities to understand why certain processes can be better done by certain role players compared to another. The duo talk about timings wh…
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In this episode, Nick and Jason discuss the requirements for a FinOps certification and what training you should have or get if you want to get into the field. They also walk us through the baseline knowledge to have as one organizes FinOps inside their own organization. Aside from the modules, Nick and Jason remind aspiring FinOps professionals ab…
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In this episode, Nick and Jason continue the conversation with Beko Jang, Solutions Consultant at awshealth.cloud on helping organizations reach an optimized state. There is an idea that you naturally start with chaos instead of actual architecture to bring order in the optimization journey. Becko shares his experience in reducing costs while still…
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In this episode, Nick and Jason welcome Beko Jang, Solutions Consultant at awshealth.cloud. Healthcare providers need effective cloud solutions to help them make even more efficient diagnostic decisions. Becko shares his insights on how founders can do a better job in structuring cloud architecture so that they can be better operators and serve the…
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In this episode, Nick and Jason discuss the different lessons they've learned to keep cloud costs in check with the right FinOps strategies. Accountability with competing priorities is a common challenge, for example, where mapping out cloud spending data comes in and turns everything into a data-driven approach. Understanding cloud unit economics …
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In this episode, Nick and Jason dive into tackling cloud cost management with the proper FinOps mindset. There are certain frameworks that FinOps employs to address different issues and some of these solutions could prove well for cloud cost optimization. For one, you can't optimize environments with a one-size-fits-all mindset because that way, yo…
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Nick and Jason are back in this episode of Cloud Cost Optimization, highlighting the potential of AI, specifically generative AI, to completely transform the landscape of FinOps. Generative AI has seen a massive jump in capability, and it's predicted that it will automate repetitive tasks and find solutions to problems, making things more efficient…
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In this episode, Nick and Jason discuss ongoing trends in FinOps and predictions for the next year. The five trends they cover are modernization, multi-cloud, FinOps, AI and machine learning, and cloud-native. They discuss the benefits and challenges of each trend and predict the rapid adoption of FinOps in the next year. Learn more if you are impl…
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AUTOMATED, ANALYTICAL, AND TRANSFORMATIONAL Nick and Jason are back with another edition of our FinOps series! This time, we will be switching up a bit as our duo will not discuss how FinOps transforms an organization, but what transforms FinOps itself. This discussion focuses on the impact of automation and data analytics on organization’s FinOps,…
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EMPOWER YOUR CLOUD COST GOVERNANCE WITH FINOPS! Nick and Jason are back to continue their discussion on FinOps and today, they focus on how it can improve cloud cost governance. In this episode, they cover the importance and definition of governance within an organization, and how FinOps can help drive accountability, transparency, and responsibili…
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CRAWL, WALK, RUN! These may seem to be simple commands, but in FinOps, they mean a whole lot more than that. Once again Nick and Jason continue the discussion about FinOps and in today’s episode, our duo will break down how to implement a crawl, walk, run approach to FinOps and what that means in terms of a maturity model. In the crawl phase, it is…
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WE’RE GOING THROUGH PHASES Following our theme of learning the fundamentals of FinOps, Nick and Jason are back to discuss its phases. Our duo defines and explains the ins and outs of the three phases of FinOPs, namely; Inform, Optimize, and Operate. Nick and Jason have already touched on this in past episodes, but today is where they get down to th…
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IT’S THE SEARCH FOR THE NEXT FINOPS HEAD As we continue to explore the fundamentals of FinOps as a practice, it is also important to know who is going to be responsible and accountable for it. It’s not enough to just let all the departments know about it, the organization has to put someone in charge of it. In this episode, Nick and Jason talk abou…
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IT’S FaaS AND THE FURIOUS FaaS, or FinOps as a Service, as we know it, is currently an emerging business segment, and it’s emerging really fast. In this episode, Nick and Jason will be discussing how FaaS is truly defined, what its key advantages are, and why it’s an emerging business segment today. Check out and see if FaaS is a good fit for you i…
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ARE YOU READY TO JUGGLE EGOS, RHYTHMS, AND DATASETS? In our last episode, Nick and Jason talked about collaboration and accountability as part of the best practices in FinOps. This time around, our duo will talk about checking egos before getting into meetings, creating a rhythm for reports, and having the same page on which data is used in making …
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BEST PRACTICES ARE ALWAYS THE BEST REFERENCES Nick and Jason will be breaking down the best practices in FinOps and this will be a special episode as it will be in two parts. In this first part, the duo will be discussing allocation and accountability, particularly strategies for alignment in allocation, tagging, ownership of resources, and many mo…
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FRAME IT, WORK IT Every system, process, or operation is built on a framework, and the same goes for FinOps. Nick and Jason continue with their FinOps series and today, they discuss the FinOps Framework and how it can be applied to your organization. Our duo gets down with the details starting from the core elements of the FinOps Framework, to unde…
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APPLICATION LEADS TO RESULTS. RESULTS LEAD TO IMPACT. We have talked about the definition of FinOps, its terminologies, benefits, and core principles. In this episode, Nick and Jason will be discussing how FinOps can impact your bottom line towards improvement. Our duo will be touching on lift and shift, allocation, visibility, transparency, predic…
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LET’S TAKE IT DOWN TO THE CORE In the past episodes we have been diving into a deeper understanding of FinOps, and today we will be learning more. Nick and Jason will discuss the Core Principles when incorporating FinOps into your organization. The two will talk about the importance of communication, data-driven decisions, taking advantage of the v…
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IS FINOPS SALEABLE TO YOUR ORGANIZATION? As many organizations normally operate, every course of action that needs to be done or proposed to be taken will undergo a series of approvals and a whole lot of convincing and selling. If the action to take entails some cost, oftentimes it’s a hard sell. In this episode, Nick and Jason will be talking abou…
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WHAT’S A COST-BENEFIT ANALYSIS FOR WITHOUT TALKING ABOUT BENEFITS? In the past episodes, Nick and Jason have talked about the basics of FinOps, its definition, and the terminologies involved in it. In this installment of their FinOps series, the duo will be talking about the benefits of incorporating FinOps in your organization. The two will talk a…
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UNDERSTANDING INDUSTRY TERMS IS CRUCIAL TO UNDERSTANDING OPERATIONS In any field of operations, it is very important to get your terminologies right. Teams cannot operate, communicate, or coordinate well together if they don’t talk or write in the same terms. This is why this subject should be discussed early on, and in this episode, Nick and Jason…
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LEARN THE CYCLE, LIVE THE CYCLE Nick and Jason are back with the FinOps series and today, we will be learning the FinOps Lifecycle. The two explain what the lifecycle means and how it is broken down into 3 phases, which are Inform, Optimize, and Operate. Make sure to tune in until the end so you don’t miss a thing in this latest episode of Cloud Co…
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WHAT DOES FINOPS REALLY MEAN? Welcome to another episode of Cloud Cost Optimization and today, Nick and Jason will be kicking off a series of episodes that will be focused on FinOps, its definition, how it helps, why is it getting more and more popular, and what it takes for an organization to start operating with it. The two will also give their t…
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IS THE COST WORTH IT? Many organizations have skyrocketing cloud costs because of failing to manage their storage well. Today, our Cloud duo, Nick and Jason will be discussing how a storage that keeps growing can affect your cost exponentially. The two will also explain the problems with versioning as a remedy and what truly solves this issue. Lear…
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SOMETIMES, YOU HAVE TO DO THINGS PROACTIVELY In this episode, Nick and Jason discuss the challenges of managing aging infrastructure. They explain that abandoned or orphaned infrastructure can linger in an environment for a long time and often requires a proactive approach to detect and address the issue. They recommend considering the age of the i…
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IS THERE REALLY SOMETHING TO FEAR? The IMF recently reported that the majority of countries are unlikely to enter into a recession. However, industry analysts are still predicting a shallow recession is possible. In line with this recent news, Nick and Jason share their thoughts on what this means for cloud spending and cost, and how this impacts b…
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IT’S TIME TO SAVE UP ON CLOUD COSTS. HOW? BY CUTTING OFF SOME TIME. Nick and Jason talk about savings in today’s episode. The duo introduces a no-cost, no-commitment, simple yet effective way to save by implementing scheduled instances. Nick and Jason explain and give us context on what schedule instances are and cite examples of how it applies to …
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ARE YOU HOLDING YOURSELF ACCOUNTABLE? Welcome to another episode, and today, Nick and Jason talk about Accountability. In companies, it is very important to have accountability in everything you do, even in the simplest things such as tagging. Nick and Jason break down the importance of accountability and its relation to cost allocation. Learn more…
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JANUARY ENDS, AND YOU’RE OFF BUDGET. WHAT DO YOU DO? Nick and Jason are back and in this episode, they talk about one of the common budget issues, which is being off-budget right at the end of the first month of the year. The two discuss how you can explain this variance and how you can manage your cost to avoid this. They will also tap into the co…
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OPTIMIZE YOUR CLOUD SPENDING WITH THE KICK-OFF EPISODES OF THIS SEASON! Today, we take a look back on another 5 best moments on the show that not only entertained us but really gave us a deeper understanding of Cloud spend. Tune in and listen to the best moments of Nick and Jason as they talk about the basics and the sure-fire strategies in Cloud m…
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OPTIMIZE YOUR CLOUD SPENDING WITH THE KICK-OFF EPISODES OF THIS SEASON! Today, we take a look back on the best moments when we kicked off the season with a bang. Tune in and listen to the best moments of Nick and Jason as they talk about the basics and the sure-fire strategies in Cloud management. Find out more in this latest episode of Cloud Cost …
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IS YOUR CLOUD SPEND FAT, BLOATED, AND OVER THE TOP? Today, Nick and Jason will be talking about health, not the physical one, but the overall health of your organization’s cloud spending. The two discuss the importance of keeping your cloud health checked by relating it to the human body’s health and the concept of diet. Learn more about how you ca…
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HOW DO YOU KEEP TRACK OF YOUR SPENDING? Following the theme of starting your FinOps year right, Nick and Jason’s conversation today is about operational-level financial reporting and how it can help manage and optimize cloud spending. Jason mentions that forecasting and trending are important to understand where one's spending is currently at and w…
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YOUR BUDGET’S TIGHT WHEN YOU DO IT RIGHT. Nick and Jason are back, and in today’s episode, they will talk about how to stay on top of your budget and manage your organization effectively. The two discuss the importance of implementing a framework in order to help organize and improve communication within a company, especially for startups and growt…
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YOUR BUDGET’S TIGHT WHEN YOU DO IT RIGHT. In today's episode, Nick and Jason discuss how to get off to a strong start when it comes to budgeting for the new year. They talk about some of the mistakes that can be made when managing a budget, and how to avoid them. They also discuss the importance of thinking about the impact of budget decisions on t…
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IT’S ALL ABOUT THE CONTEXT OF THE MATTER In today's episode, Nick, Jason, and Andrew discuss the importance of data context and how it can help organizations optimize their cloud costs. They discuss how data in the context of the business can help organizations make better decisions about their cloud usage and how Tenacity AI can help provide that …
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WE HAVE ANOTHER MYTH TO BUST TODAY Jason and Nick discuss the myth that provider tools are enough to manage cloud costs. They argue that this is not the case and that organizations need to invest in their own tools and processes to optimize their use of cloud resources. Find out more in this latest episode of Cloud Cost Optimization. WORDS TO OPTIM…
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HAVE YOU BEEN IMPLEMENTING YOUR FINOPS WELL? Nick and Jason discuss financial management and its three main components - budget, cash flow, and risk. They also talk about how organizations implementing their FinOps practices or their own cloud center of excellence should be thinking about these primary areas, and how the tooling can help them out. …
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IT’S TIME TO MEET ONE OF THE BIG BOYS AT TENACITY Nick and Jason interview Andrew Lake, the Chief Engineer and one of the Co-Founders of Tenacity AI. Andrew talks about his role in the company and what he does on a day-to-day basis. Andrew and the gang also touch on some cool topics such as “Chase The Fun” Principle and how Tenacity.ai differs from…
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SMALL, MEDIUM, LARGE/GRANDE/VENTI, WHATEVER There’s a myth that FinOps is only for organizations with the largest cloud budgets, which is not true. There are a whole host of problems that need to be managed, regardless of budget and business size. FinOps can help solve these problems by providing a framework for managing costs, optimizing resources…
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SHARING IS CARING, BUT SOMETIMES IT’S PROBLEMATIC The problem of shared costs is one that has been around for a long time and is especially difficult when it comes to cloud spending and variable spending. In the past, we have not managed shared costs very well. So today, Nick and Jason will be giving us a deeper understanding of this matter and exp…
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CHANGE IS COMING, AND IT’S UNSTOPPABLE In this conversation, Nick and Jason discuss how professional services consulting and AWS Partners can bring a FinOps service to market. They touch on how this has been a topic in several recent conversations and is starting to gain more traction. In the past, organizations transitioning to the public cloud wo…
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THIS MYTH IS BUSTED! In today's episode, Nick and Jason dispel the myth that FinOps is only about saving companies money. FinOps is actually about so much more than that, it's about optimizing resources, improving efficiencies, and ensuring that an organization's finances are in good shape. While saving money is certainly a goal of FinOps, it's not…
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CONTEXT IS IMPORTANT IN UNDERSTANDING A LOT OF THINGS, BUT HOW DO WE UNDERSTAND CONTEXT ITSELF? Nick and Jason talk about the importance of context in understanding cloud management and consumption. They discuss how context allows you to apply specific business data to your review of cloud spend or utilization. Without context, data can be viewed i…
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AND NOW WE’RE LEVELING THE PLAYING FIELD For years, Microsoft Azure’s only weak point against AWS is the lack of a savings plan that enterprise clients can subscribe to, but in the recent news, they have announced the release of their Azure Savings Plans. Nick and Jason will be diving into this really exciting update for all cloud computing users o…
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THAT’S HOW IT COSTS? WHAT A SHOCKER Welcome to another episode with Nick and Jason, as they talk about applying a finance discipline when doing a cloud migration. The two discuss the importance of taking time to set up principles and governance for a cloud environment before migrating, as it can save a lot of time and effort in the long run. WORDS …
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LAYOFFS HERE, LAYOFFS THERE, HAPPENING EVERYWHERE It’s alarming to see that a lot of organizations in the tech space right now are cutting down their people in massive numbers. Our hosts Nick Lumsden and Jason Yaeger will be focusing today on all things layoff, what’s happening now, what are its common causes, and its impact on downsizing organizat…
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