Music: Beck - Lost Cause (2022)
This week we take a look at cloud costs and how hyperscale CSP native FinOps toolchains have expanded.
First, I gave into ChatGPT temptation. After all, you can’t spell haiku without AI!
In fact, it actually took several attempts before the proper syllable counts were returned so movie reviews1 are safe for now until our haiku model laden overlords iterate for greater precision.
But I digress. I can assure you this issue of the newsletter was typed in by me.
Public cloud spending is on a path to approach ~$1T and the independent software vendors FinOps tooling market is growing as well as recommendations to find folks to keep an eye on the cash register. Meanwhile, cloud service providers (CSPs) will have also created their own FinOps tools to enable customers to forecast the bills and connect the bills to value.
What this means is that the entire toolchain2 just for FinOps is also evolving. In fact, The FinOps Foundation has recently canvased 838 FinOps practitioners for their most used of 69 different tools.
Source: Top 15 FinOps Tools via https://data.finops.org
To keep this examination succinct, let’s look at a few examples from the CSPs themselves.
AWS has a portfolio of free to freemium
Azure has a mix of free and expanded use cases (like connecting to AWS for analysis) for a fee
GCP has more of a DIY approach (batteries not included)
Of course, many customer use cases will involve two or more CSPs and multicloud will be a feature requirement for FinOps toolchain choices. Naturally, there will be a combination of innovation and M&A in the coming years as competition for FinOps related spending hugs the curve of overall cloud spending while seeking to better manage… cloud spending.
Perhaps, one day there might even be a FinOps tool to watch over expanding FinOps toolchain costs that were initially used to watch over cloud costs.
So, what will be the next FinOps toolchain in the even expanding list for 2023?
Until then… Place your bets!
As a reminder, after a +25 year walkabout, I’m an IBMer (again). For 2023, in “Work Plug”, I’ll share a new link each week that is educational, accessible, and relevant to platform engineering from fellow IBMers3 in the wider IBM Community.
I am linking to my disclosure.