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Multi-Cloud Tools and Terminology

Abstract

Ensure that there are materials that help translate core tools and terminology concepts across multiple cloud service providers.

Before you begin

You should understand the basics of how cloud computing works, know the key services on your cloud providers, including their common use cases, and have a basic understanding of billing and pricing models. Being able to describe the basic value proposition of running in the cloud and understand the core concept of using a pay-as-you-go consumption model are also necessary.

You’ll also need to have a base level of knowledge of at least one of the three main public cloud providers (AWS, Azure, Google Cloud). For AWS, we recommend AWS Business Professional training or, even better, the AWS Cloud Practitioner certification. For Google, check out the Google Cloud Platform Fundamentals course. For Azure, try the Azure Fundamentals learning path. Each can usually be completed in a full day workshop.

FinOps Tools Matrix

Each Cloud Service Provider has different tools available to help FinOps practitioners learn and practice efficient utilization of cloud resources. There are tools and reports available that can help FinOps practitioners and companies plan their potential cost in advance of consumption, understand invoices, complete billing analysis, govern cost and optimize cost. These tools have been enumerated in the FinOps Tools Matrix.

  GCP AWS Azure OCI  
Cloud Cost Planning GCP Pricing Calculator AWS Pricing Calculator Azure Pricing Calculator OCI Cost Estimator  
Billing and Reporting Google Cloud Billing Reports AWS Cost Explorer Azure Cost Management + Billing OCI Cost Analysis  
  Standard Billing Export to BigQuery AWS Cost and Usage Reports Azure usage and charges report OCI Cost and Usage Reports  
  Detailed Billing Export to BigQuery AWS Detailed Billing Reports      
  Pricing Export to BigQuery AWS Purchase Order Management      
    AWS Consolidated Billing      
    AWS Credits      
Detailed Billing Analysis Datastudio (GitHub Solution) AWS Quick Sight Azure Power BI OCI Cost Governance and Performance Insights Solution  
  Looker Analytics Dashboard (GitHub Solution)        
Invoicing Cost Table Report AWS Invoices Azure Invoices OCI Invoices  
  Cost Breakdown Report     OCI Payment History  
  Pricing Report     OCI Billing Schedule  
Forecasting Billing Forecast AWS Cost Explorer (Self-Service)   Forecasting in Cost Analysis  
    AWS Budgets (Event-Driven)      
Tagging Resource Hierarchy AWS Tag Editor Azure Policy OCI Tags  
Alerts and Notications GCP Budget Alerts AWS Budgets Azure Budgets OCI Budget Alerts  
Template Driven Deployment Terraform AWS CloudFormation Azure Resource Manager Terraform  
  Cloud Deployment Manager        
Controls Quotas and Rate Limit APIs Service Quotas   Quotas  
    AWS Instance Scheduler   Enforcing Budgets using Functions and Quotas  
    Amazon Data Lifecycle Manager      
Recommendations Recommender AWS Cost Explorer Azure Advisor OCI Cloud Advisor  
  Active Assist Trusted Advisor Azure Monitor    
  Google Cloud’s operations suite (formerly Stackdriver)        
  Commitment Analysis Report        
Insights Billing Health Checks CloudWatch      
    CloudTrail      
           

Cost Management Terminology

Cloud Service Providers utilize different terms to mean the same or similar things. This can make understanding cloud concepts across providers difficult. This terminology generated from this project was created to help FinOps practitioners translate these common terms across Cloud Service Providers and has been incorporated into the FinOps Terminology page here.

Three Letter Acronyms

Cloud cost management is not void of its own set of TLA’s. As a community the goal is to collect a list of three letter acronyms that are relevant and frequently used in daily cloud cost management.

TLA Meaning
AWS Amazon Web Services
CSP Cloud Service Provider
GCP Google Cloud Platform
KPI Key Performance Indicator
OCI Oracle Cloud Infrastructure
TAC Technical Advisory Council

Resources

Real World Resources

  • Willing to add your story - Contibute stories here or reach out in the FinOps Foundation Slack

Acknowledgements

The FinOps Foundation extends a huge thank you to the members of the Working Group that broke ground on this documentation:

  • Kim Wier
  • Ron Tatro
  • Vivek Enniriyil
  • Amitai Rottem
  • Eric Lam
  • Kym Martin
  • Nathan King
  • Pathik Sharma

If we’ve missed anyone, let us know. We thank you all for your contributions.