AWS Cloud Financial Management
Author: Saif Husain
Saif is a Principal Customer Solutions Manager at AWS where he coaches customers to define and achieve success on their cloud adoption journey. Saif has been with Amazon for over 6 years and brings over 20 years of experience in technological transformation and innovation. He has served in numerous leadership roles, excelling at governance and driving large-scale initiatives. Saif specializes in Cloud Financial Management and holds a degree in Electrical Engineering and an MBA.
How To Scale Cost Optimization Across 1,000s of Accounts with a FinOps EBA
As organizations scale their cloud footprint, they also need a mechanism to effectively scale their cost optimization practice at the same time, which is where FinOps Experience-Based Acceleration (EBA) workshop come in to scale the process efficiently. Cost visibility tools identify savings, however many organizations struggle to turn those insights into action across their hundreds of teams and thousands of applications. This post discusses the best-practices that a major North American financial institution took to run a FinOps EBA to scale their cloud cost optimization and establish a cost-aware culture across their organization; this resulted in generating over $1.4M USD in annual recurring savings for them.