WNiCF - July 2024 - News

What's new in Cloud FinOps?

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In this episode, Frank and Steve discuss the July 2024 FinOps announcements from AWS, Azure, and Google Cloud. They cover topics such as committed use discounts, fully licensed commitments, hibernation for VMs, cost management features, and service discontinuations. The conversation is filled with insights and analysis of the latest developments in the cloud industry.

• There are new machine types available on GCP, such as the C3 bare metal machine types and the sixth generation Intel-based VMs.
• Serverless compute options, like Azure Databricks and OpenSearch serverless, provide efficient and cost-effective ways to run workloads without managing infrastructure.
• Storage enhancements, such as the Convert Azure Premium SSD v2 disk and Amazon FSX for Open ZFS, offer improved performance and cost optimization.
• Log management tools, like Azure Monitor Logs and AWS Cost Categories, help users collect, analyze, and act on telemetry data from various resources.
• Cost optimization features, like AWS Focus 1.0 and GCP backup commitment-based use discounts, provide ways to optimize cloud spending. Committed use discounts are available for backup for GKE, allowing users to commit to a consistent amount of usage in exchange for a discounted rate.
• AWS now offers fully licensed commitments and portable license commitments for purchasing VMware engine commitments, providing customers with more options for using VMware in the cloud.
• VM hibernation is now generally available in Azure and AWS, allowing users to save compute costs by persisting the VM state in memory and deallocating the VM.
• Azure has introduced a cost card in the portal, allowing engineers to estimate costs and adjust as needed before deploying VMs.
• Google Cloud's FinOps Hub now allows users to view their carbon footprint and estimated greenhouse gas emissions for their Google Cloud usage.
• AWS has announced the discontinuation of several services, including Cloud9, SimpleDB, Forecast, and CodeCommit, indicating a shift in focus and priorities.