Cost management is a challenge with cloud platforms, with a new consumption-based model dominated by OPEX, is stark contrast with the op-premises model make mainly of CAPEX, fixed hardware, and licenses costs. After this module, students will acquire a good understanding of the new model, and how it can be managed and optimized in Azure. Azure is taken as an example and the processes can be transplanted to AWS and Google.

• What is a cloud platform?
• Why are we moving to the cloud platform?
• Cloud-related financial risks
• FinOps Framework
• Cost model and transition
• Typical Costs Evolution
• Enterprise agreement vs. CSP
• Multi-Cloud
• Understanding pricing
• Assign costs to budgets
• Costs analysis/optimisation/monitoring and alerting
• Governance & Policies
• Best practices

Learners are able to get the fundamental understanding of:

• What is FinOps Framework?
• What are the different cost models and how do they evolve?
  
• The different prices of cloud provider
  
• How to analyze, optimize and monitor costs
  
• What is governance?
  
• Best practices in FinOps Management

• You'll understand why it's important to manage costs when adopting the cloud
  
• You'll understand how implementing FinOps frameworks can help you control costs
  
• You‘ll learn the fundamentals of FinOps analysis (analysis, optimization and monitoring) and governance