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Course : Cloud Cost Management

Cloud Cost Management




By the end of this training, participants will be able to effectively incorporate the Cloud’s financial challenges and implications, as well as key cost optimization levers into their organization’s overall strategy.


INTER
IN-HOUSE
CUSTOM

Seminar in person or remote class

Ref. CLK
  2d - 14h00
Price : Contact us

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By the end of this training, participants will be able to effectively incorporate the Cloud’s financial challenges and implications, as well as key cost optimization levers into their organization’s overall strategy.


Teaching objectives
At the end of the training, the participant will be able to:
Understand the fundamental concepts of Cloud, including its business benefits and associated risks
Identify the financial implications of Cloud-based applications and Cloud migration projects
Grasp the billing mechanisms of the main Cloud providers
Identify the key levers for optimizing the costs of Cloud infrastructure and services
Adopt best practices and use budget control tools effectively
Understand the concept of multi-cloud and its impact on financial management

Intended audience
Project managers, architects, developers, administrators, finance professionals—anyone seeking to better understand and manage a Cloud budget.

Prerequisites
Prior IT and Cloud experience, along with familiarity with major Cloud provider environment.

Course schedule

1
Cloud Fundamentals

  • Cloud Overview: Description, characteristics, expected benefits, and taxonomy
  • Key Players: Market-leading Cloud Service Providers (CSPs), their positioning, market share, and ecosystem
  • Adoption: Challenges, economic model, pay-as-you-go approach, and migration patterns (6R)
  • Cloud Challenges: Major shift in financial management

2
Financial Issues: Business Cases and Cost Evaluation

  • Transitioning mindsets: Traditional purchasing practices vs. pay-as-you-go Cloud approach
  • Public Cloud: Financial optimization and environmental sustainability
Demonstration
Practical case using a Cloud provider’s calculator

3
Cloud Provider Billing

  • Primary Cost Drivers among Cloud providers
  • Main Billing Models: Pay-as-you-go, commitments
  • The difference between an invoice and billing/consumption data.

4
Cost Optimization Levers

  • Rate Optimization
  • Usage Optimization
  • Detailed Levers and specific features by Cloud provider
Hands-on work
Workshop on identifying cost optimization levers and their corresponding benefit

5
Tooling

  • Provider-Specific Services available from major Cloud vendors
  • Third-Party Cost Management Tools available on the market
  • In-House Tools

6
Deployment Automation

  • Key principles of effective financial management.
  • Roles and responsibilities for cost control.
  • Phases, objectives, and associated best practices.
  • Available tools for monitoring and managing spending.
  • Governance in a multi-cloud environment: use cases and specifics.