"Fundamentals of Cloud FinOps" is a short course designed to navigate the complexities of cloud computing economics, focusing on optimizing costs while leveraging the full power of the cloud. It comprises four modules that sequentially build knowledge from cloud computing basics and pricing strategies to the specialized field of Cloud Financial Operations (FinOps) and practical tools for cost billing and governance. Each module is crafted to address different facets of cloud cost management, including understanding cloud service models, deploying cost-effective cloud strategies, applying FinOps principles, and utilizing cost management tools. Through this course, participants will gain a holistic view of how to efficiently manage and optimize cloud expenditures in any organization, ensuring that cloud investments align with business objectives while fostering a culture of financial accountability and cross-functional collaboration.
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What you'll learn
Remember and understand the foundational concepts of cloud computing and its pricing mechanisms.
Apply principles of Cloud FinOps to integrate cost management into cloud deployment strategies.
Analyze and evaluate different cost management and billing tools for effective cloud governance.
Create strategies for fostering collaboration among teams to optimize cloud expenditures and drive financial efficiency.
Skills you'll gain
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There are 2 modules in this course
Module 1 delves into the specialized field of Cloud Financial Operations (FinOps), a practice designed to maximize the financial efficiency of cloud spending in a scalable and predictable manner. It introduces the fundamentals of FinOps, its significance in cloud management, and the foundational elements that underpin this discipline. The module further explores the operational domain and capabilities of FinOps, providing insights into its practical application within businesses to ensure cost-effective cloud service usage. Through understanding personas involved in FinOps, key principles, phases, and the maturity cycle, learners will grasp how FinOps integrates with modern business strategies to optimize cloud investments.
What's included
14 videos4 readings2 assignments1 discussion prompt
Module 2 equips with a comprehensive understanding of cloud billing and cost management, essential for overseeing cloud expenditures and governance. It starts by explaining the hierarchy of cloud accounts and the structure of cloud billing, offering foundational knowledge on how cloud costs are organized and reported. The module progresses to explore various tools designed for managing these costs, including both cloud-native and third-party solutions, and demonstrates their application in real-world scenarios. Through this module, participants will gain insights into effective strategies for monitoring, analyzing, and optimizing cloud spending, ensuring financial accountability and governance in cloud environments.
What's included
6 videos3 readings3 assignments
Instructor
Offered by
Recommended if you're interested in Finance
Microsoft
University of Illinois Urbana-Champaign
Duke University
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