This article, published by InfoQ on September 23, 2024, highlights the FinOps journey of Yunsheng Data, a Hangzhou-based startup. Over two years, they achieved over 80% cloud cost savingswithout a dedicated team or expensive FinOps tools. This success story is particularly relevant for startups looking to optimize cloud costs without sacrificing development efficiency.
Key Takeaways:
- FinOps Definition: FinOps (Financial Operations) is a cloud financial management practice that optimizes cloud spending while boosting business agility and innovation.
- FinOps Principles:
- Team Ownership: Each team is responsible forits cloud usage and costs.
- Speed and Cost Balance: Control costs without sacrificing speed and innovation.
- Continuous Improvement: Optimize and adjust spending as cloud environments and needs evolve.
- Yunsheng Data’s Approach:
- Open Cloud Policy: No approval required, allowing all employees to access cloud resources.
- Multi-Cloud Management: Utilizing various cloud providers, including mainstream platforms and private/self-built data centers.
- FinOps Tool Development: Apepipe, an internal FinOps tool, automates multi-cloud management and cost optimization.
- Apepipe Features:
- Bot: Integrates with Slack, Feishu, and other platforms for interactive FinOps tasks.
- CLI: Command-line interface for managing multi-cloud resources.
- Dashboard: Providesa comprehensive view of cloud resource usage.
- Operators: K8s-based operators for automated resource optimization.
- Real-World FinOps Examples:
- Spot Instance Usage: Save 50-90% on cloud server costs for non-critical workloads.
- Reserved Instances: Utilize reserved instances for predictable workloads.
- Resource Sharing: Optimize resource utilization by sharing resources between non-conflicting tasks.
- Scheduled Shutdowns: Automatically shut down VMs during non-peak hours.
- Machine Images: Create machine images for temporarily unused instances to savestorage costs.
- Cost-Saving Shutdown Modes: Utilize cost-saving shutdown modes for temporarily unused instances.
Journalistic Angle:
This article provides a compelling case study for startups struggling with cloud cost management. The focus on practical implementation and the development of a custom FinOps tool, Apepipe,makes this story particularly relevant for tech-savvy readers.
Potential Story Ideas:
- Interview with Yunsheng Data’s FinOps Lead: Discuss the challenges and successes of their FinOps journey.
- Deep Dive into Apepipe: Explore the technical details of the tool and its impact on cloud cost optimization.
- FinOps for Startups: A Guide: Create a guide for startups based on Yunsheng Data’s experience, outlining best practices and tools.
- Comparison of FinOps Tools: Analyze Apepipe alongside other popular FinOps tools, highlighting their strengths and weaknesses.
This article offers a valuable resource forjournalists covering technology, finance, and business. It highlights the growing importance of FinOps in the cloud era and provides a real-world example of how startups can achieve significant cost savings without a dedicated team.
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