FinOps Monthly Updates

August FinOps Summit: International FinOps Day

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Keynotes:

#1 Dealing with Data Transfer

Based on a lively conversation in Slack started by Josh Bauman (EA), we’ve assembled a panel of FinOps experts from heavy streamers to discuss the ins/outs of data transfer cost management. This roster includes: Anders Hagman (Spotify), Teresa Meade (Electronic Arts), and others.

#2 Adopting FinOps: Getting Organizational Buy-In

Chair Member Ashley Hromatko and Tech Lead Mike Eisenstein are back to present an updated executive buy-in deck for building a FinOps practice that the working group has been tackling. They will also unveil the new FinOps Framework poster that gives a one-page overview of the core tenants of the practice with Vas Markanastasakis. Also hear from Melvin Brown (US Gov OPM) and Natalie Daley (HSBC) on their stories and follow-along in #wg-adopting-finops.

#3 Waste Reduction: Mountains vs Molehills

Borrowing from Joseph Daly’s post on the topic, we’re opening up a conversation about how to tackle and prioritize the tiny inefficiencies of cloud (molehills) vs. the optimization opportunities that can transform value (mountains). Panelists include Andrew Brixton (Citrix), Melissa Lorton and Michael Kerns (Virtasant), Scott Meyer (Spotify), and Teresa Meade (EA) sharing their tales on tackling waste. Check out slack threads in #aws and #azure on this topic.

The event is free to approved FinOps Foundation members - join here! It’ll also feature breakout rooms on each topic as well as updates from our various Working Groups and Technical Advisory Council. There will be breakouts sessions during the last 30 minutes.

Event Schedule:

  • 7:30am - Zoom opens for Networking and Icebreakers
  • 8am - Welcome and Introductions
  • 8:15am - 9:30am Keynotes & Panels
  • 9:30am - 10am Breakouts
  • 10am - 10:30am Open Office Hours with FinOps Staff

The 2nd annual International FinOps Day

When we joined the Linux Foundation last summer and held the first FinOps Day on Aug 20, 2020, we had around 1500 practitioner members and no vendor members. Today we are proud to host the over 4100 practitioner members and 40 vendor members with a half dozen active workgroups contributing to the FinOps Framework.

To celebrate, we are offering 25% off all self-paced training (FinOps Certified Practitioner and FinOps for Engineers), simply watch the Summit to get the discount code and use it through Aug 20.

Speakers


July FinOps Summit

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Keynotes:

  • Getting to Unit Cost (Activity Based Costing): or “Marrying cloud spend to the rest of your business data” by Run-stage FinOps leader, Jason Rhoades (Intuit).

  • Adopting FinOps in the Enterprise: Learn how to promote the cultural change and gain executive buy-in needed to setup your CFM practice, new working group led by Ashley Hromatko (Pearson).

  • State of FinOps for Kubernetes get a first look at the new Kubernetes cost survey results (spend patterns, challenges, tooling and more!) from Cloud Native Computing Foundations’s CTO, Chris Aniszczyk as well as a panel discussion on best practices with Kapil (Expedia) and Jay (Nationwide)

Working Group Updates

  • #Intros: 30 second new practitioner and vendor intros led by Stacy (FinOps)
  • New Premier Member: Last month we welcomed Deloitte to our Governing Board, this month we will be announcing another major GSI who is joining the FinOps Foundation as a premier member. Come find out who it is!
  • Multi-Cloud-WG: Get an update on the group’s efforts to normalize billing terminology between cloud providers led by Kim (Target)
  • FinOps Framework - Vas Markanastasakis (FinOps Foundation) shares the latest revision to the FinOps Framework.
  • Education: This month’s instructor led FinOps Practitioner Certification is led by Ben De Mora (Sky UK)
  • Breakouts: 30 minute breakout rooms on each main topic at the end!

Vendor Showcases

  • You told us you wanted vendor showcases (91% yes!). The top 3 voted platform vendors from CNCF’s FinOps for Kubernetes survey (Kubecost, Cloudability, Cloudhealth) show off their tooling for managing Kubernetes costs back-to-back. 8 minutes each. Go…

Breakout Rooms - Must have Zoom client installed

  • Adopting FinOps
  • Unit Cost
  • Kubernetes (includes Vendor Showcases)

June FinOps Summit

Over 500 people joined our June FinOps Summit last week. Watch the recording on YouTube! In case you missed it: Welcome to Rob Martin who joined the FinOps Foundation full time as our Director of Learning. So great to have you here.

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June Summit Agenda

This month’s member summit is on June 10 from 8am - 10am Pacific Time. There will be an Asia Pacific timezone friendly event the following week.

  • #Intros: 30 second new practitioner and vendor intros led by Stacy (FinOps)
  • Accurate Forecasting-WG: first draft preview of playbook plus member stories by Melanie (CVS) and Dieter (Roku) with user stories from Scott Linn (Chevron) and Drew Lowe (Hulu)
  • Tracking Cloud TCO with Anthony Tambasco, NBC Universal/Comcast
  • Multi-Cloud-WG: See an outline of the Working Group’s first efforts to normalize billing terminology between cloud providers led by Kim (Target)
  • FinOps for Engineers: 10 minute crash course on enabling engineers on cost consciousness by Rob Martin (FinOps Foundation, former AWS)
  • Container Cost Playbook: Restarting last year’s working group to update the whitepaper and playbook
  • Growing the FinOps Foundation Team: more new FTE hires including a product leader for the Framework!
  • Training & Certification: This month’s instructor led FinOps Practitioner Certification is led by Ashley Hromatko (Pearson)
  • Breakouts: 30 minute breakout rooms on each main topic at the end!

Approved members will receive an invite with zoom details. Didn’t get one? Complete or update your info at https://www.finops.org/membership/ or check #events in Slack.


May FinOps Summit

In April, we had 492 people join our live FinOps member call (April summary here). We’re back with a packed line-up for the May!!

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May FinOps Summit Agenda

This month’s member summit is on May 13th from 8am - 10am Pacific Time.

  • #Intros: 30 second practitioner and vendor intros led by Stacy (FinOps)
  • Accurate Forecasting: panel discussion and playbook preview led by Melanie (CVS) and Dieter (Roku)
  • Engineering Action: demo of Unikraft: cost optimization at the Kernel level with Felipe (NEC Labs)
  • State of FinOps: Vendor profiles preview (mapping the FinOps Ecosytem) led by Joe Daly (Nationwide)
  • Google Cloud: The GCP team kicks off a working group to normalize cloud terminology led by Kenneth (King.com) and Kim (Target)
  • Dealing with Shared Costs: reveal of the new playbook by Tracy (Scout24)
  • Training & Certification: This month’s instructor led FinOps Practitioner Certification is led by Alex Hullah (HSBC)
  • 30 minute breakout rooms on each topic at the end!

New Members

A warm welcome to our new Slack members in #intros including folks from Telstra (Australia), YPF (Argentina), Serverless (Canada), Hulu (USA), JP Morgan Chase (USA), AIG (UK) and Allegro (Poland).


April FinOps Summit

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April FinOps Summit Agenda

Technical Advisory Council Elections!

The TAC is adding three new seats. Send an email to tac@finops.org to nominate a thought leader.