Cloud FinOps from Coursera

Placeholder for empty Reading"Fundamentals of Cloud FinOps" is a short course designed to navigate the complexities of cloud computing economics, focusing on optimizing costs while leveraging the full power of the cloud. It comprises four modules that sequentially build knowledge from cloud computing basics and pricing strategies to the specialized field of Cloud Financial Operations (FinOps) and practical tools for cost billing and governance. Each module is crafted to address different facets of cloud cost management, including understanding cloud service models, deploying cost-effective cloud strategies, applying FinOps principles, and utilizing cost management tools. Through this course, participants will gain a holistic view of how to efficiently manage and optimize cloud expenditures in any organization, ensuring that cloud investments align with business objectives while fostering a culture of financial accountability and cross-functional collaboration.

Module 1 delves into the specialized field of Cloud Financial Operations (FinOps), a practice designed to maximize the financial efficiency of cloud spending in a scalable and predictable manner. It introduces the fundamentals of FinOps, its significance in cloud management, and the foundational elements that underpin this discipline. The module further explores the operational domain and capabilities of FinOps, providing insights into its practical application within businesses to ensure cost-effective cloud service usage. Through understanding personas involved in FinOps, key principles, phases, and the maturity cycle, learners will grasp how FinOps integrates with modern business strategies to optimize cloud investments.

Module 2 equips with a comprehensive understanding of cloud billing and cost management, essential for overseeing cloud expenditures and governance. It starts by explaining the hierarchy of cloud accounts and the structure of cloud billing, offering foundational knowledge on how cloud costs are organized and reported. The module progresses to explore various tools designed for managing these costs, including both cloud-native and third-party solutions, and demonstrates their application in real-world scenarios. Through this module, participants will gain insights into effective strategies for monitoring, analyzing, and optimizing cloud spending, ensuring financial accountability and governance in cloud environments.

This course is most suitable for individuals involved in cloud computing operations, finance, procurement, or management roles within organizations that utilize cloud services. It would benefit cloud architects, IT managers, finance professionals, and anyone responsible for optimizing cloud spending and ensuring cost-effective cloud service usage. Additionally, individuals interested in cloud economics and seeking to enhance their understanding of cloud financial operations (FinOps) would find this course valuable.

What's inside

Syllabus

Introduction to Cloud FinOps

Introduction to Cost Billing and Governance Tools

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Clearly a good fit for IT managers seeking to optimize cloud expenditures and ensure cost-effective cloud service usage

Also a good fit for anyone with cloud computing operations, finance, procurement, or management within any organization that utilizes cloud services

Cloud architects will also benefit from this course

This course also benefits finance professionals

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Cloud FinOps with these activities:

Review cloud computing concepts

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Revise foundational knowledge of cloud computing and its key concepts to enhance understanding of the material covered in this course.

Browse courses on Cloud Computing Concepts

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Read articles or watch videos that cover basic concepts of cloud computing, such as cloud models, service types, and deployment strategies.
Review past notes, slides, or assignments from previous coursework on cloud computing, focusing on core concepts and principles.
Complete practice questions or quizzes related to cloud computing fundamentals to test your understanding.

Explore cloud cost optimization strategies

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Engage in guided tutorials and resources to learn about effective strategies for optimizing cloud costs, aligning with the principles of FinOps covered in this course.

Browse courses on Cloud Cost Optimization

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Follow online tutorials that demonstrate practical techniques for cost optimization, such as rightsizing instances, using spot instances, and implementing cost monitoring tools.
Explore case studies or examples of successful cloud cost optimization initiatives to gain insights into industry best practices.
Attend webinars or virtual events hosted by cloud providers or industry experts to learn about the latest cost optimization techniques and tools.

Practice cloud cost analysis scenarios

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Engage in practice drills and exercises to develop skills in analyzing cloud costs, identifying inefficiencies, and implementing cost-effective solutions.

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Work through practice problems or case studies that simulate real-world cloud cost analysis scenarios.
Use cloud cost analysis tools to examine sample data and identify areas for optimization.
Collaborate with peers or mentors to discuss different approaches to cloud cost analysis and optimization.

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Career center

Learners who complete Cloud FinOps will develop knowledge and skills that may be useful to these careers:

Cloud Cost Engineer

A Cloud Cost Engineer is responsible for managing cloud computing costs. As a Cloud Cost Engineer, you will need to have a strong understanding of cloud computing economics, cost optimization techniques, and financial reporting. This course will help build a foundation in these areas and provide you with the tools and techniques needed to succeed in this role.

See salaries and explore the career path for Cloud Cost Engineer

Cloud Financial Analyst

A Cloud Financial Analyst is responsible for analyzing cloud computing costs and providing recommendations for optimization. As a Cloud Financial Analyst, you will need to have a strong understanding of cloud computing economics, cost management tools, and financial reporting. This course will help you develop the skills and knowledge needed to succeed in this role.

See salaries and explore the career path for Cloud Financial Analyst

Cloud Architect

A Cloud Architect designs, builds, and manages cloud computing systems. As a Cloud Architect, you will need to have a strong understanding of cloud computing fundamentals, pricing strategies, and cost optimization techniques. This course will help build a foundation in these areas and provide you with tools and techniques for managing cloud costs effectively.

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Cloud Security Engineer

A Cloud Security Engineer is responsible for securing cloud computing systems. As a Cloud Security Engineer, you will need to be able to identify and mitigate security risks, as well as manage cloud security costs. This course will help you develop the skills and knowledge needed to manage cloud security costs effectively.

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DevOps Engineer

A DevOps Engineer is responsible for bridging the gap between development and operations teams. As a DevOps Engineer, you will need to collaborate with both teams, understand their needs, and implement solutions that optimize cloud usage. This course will help you develop an understanding of cloud FinOps principles and tools, which can help improve your ability to manage cloud costs and optimize resource utilization.

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IT Manager

An IT Manager is responsible for managing the technology infrastructure for a specific department or business unit. As an IT Manager, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Enterprise Architect

An Enterprise Architect is responsible for designing and managing the technology infrastructure for an entire organization. As an Enterprise Architect, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Project Manager

A Project Manager is responsible for planning and executing projects. As a Project Manager, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Financial Manager

A Financial Manager is responsible for managing the financial operations of a company. As a Financial Manager, you will need to understand cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Business Analyst

A Business Analyst is responsible for analyzing business processes and recommending solutions for improvement. As a Business Analyst, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Data Analyst

A Data Analyst is responsible for collecting, analyzing, and interpreting data. As a Data Analyst, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Software Engineer

A Software Engineer is responsible for designing, developing, and testing software applications. As a Software Engineer, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Database Administrator

A Database Administrator is responsible for managing and maintaining databases. As a Database Administrator, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Network Engineer

A Network Engineer is responsible for designing, implementing, and maintaining computer networks. As a Network Engineer, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Systems Analyst

A Systems Analyst is responsible for analyzing and designing computer systems. As a Systems Analyst, you will need to have a strong understanding of cloud computing economics and cost optimization techniques. This course may be useful in developing the skills and knowledge needed to succeed in this role.

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Cloud FinOps

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