The course is part of these learning paths
Costs in cloud environments can get complicated quickly. Therefore it is essential to provide transparency and responsibility to everyone in a business. In this course, you will learn about KPIs, how to use them correctly, and how to make the most of them in your individual use case.
Learning Objectives
- Understand what KPIs are and how they are used
- Learn about the most commonly used KPIs in a FinOps context
Intended Audience
This course is intended for anyone who wants to learn how to manage their AWS cloud costs effectively.
Prerequisites
To get the most out of this course, you should have a basic understanding of AWS, as well as finance and cloud terminology.
In conclusion, to find out what KPI makes sense for your business, you have to know what your main expense is that generates income.
This could be your workload performance or your expenses per unit sold, which means capturing and allocating all costs appropriately based on which resources were used to deliver a particular unit.
Your KPI is most likely the most crucial metric in your business, and once you define it, your business can be much more accurately optimized, as you will know the numbers.
Keep in mind that KPIs are as unique as most businesses themselves, and so will yours be.
But you should always look around and see how other businesses in your sector handle their KPIs if you’re not sure, and eventually, this will lead you in the right direction.
We’ve now come to the end of this course, thanks for watching. If you have any feedback at all, feel free to reach out to us at support@cloudacademy.com.
Heinrich Marks and is a FinOps Consultant at kreuzwerker Frankfurt GmbH, Germany. His expertise lies in AWS cost optimization and FinOps methodology at the enterprise level.
At kreuzwerker, we focus on AWS, Software Engineering, and Cloud Financial Management. We've faced many cases with our customers where costs in the cloud got out of hand and lost touch with the actual business values. This made us work harder on solutions and find ways to master financial management in the cloud.
Over time, we have already been able to save our customers many millions of dollars. Moreover, we are also proud partners of the FinOps Foundation and the leading professionals in Germany. Today, we want to share this knowledge with you and spread more awareness on the topic!