Budgeting and Forecasting continue to be challenging for organizations; needs multi-disciplinary efforts across cloud, engineering, business, and finance teams to make progress.
S3 Intelligent Tiering often does not yield adequate RoI and detailed analysis is needed to pick the right lifecycle policy based on use cases.
Organizations, especially SMBs, can benefit from investing in training their Engineers in FinOps and making them aware of Cloud Costs. Will result in less push back in changes, and they will be more proactive in helping optimize costs and reducing waste
Additional efforts are needed to improve governance across
- Tagging
- Use of Service Control Policies