article thumbnail

A Guide to AWS Compute Savings Plan for Strategic Cloud Spending

ProsperOps

One effective solution for reducing AWS costs is to use Compute Savings Plans. In this article, you’ll learn more about Compute Savings Plans and how ProsperOps can help you optimize your cloud cost strategy. Compute Savings Plans pricing differs significantly from other AWS savings options, such as Reserved Instances (RIs).

article thumbnail

2019 Predictions! Also, Isaac Asimov predicted the computer automation revolution, Mindbody to be sold, senators prod regulators on FinTech, and what’s new in QBO

Cloud Accounting Podcast

Show Notes 2019 Hiring and Compensation Trends for Accounting Firms — CPA Practice Advisor — Check out these six trends hiring managers in public accounting need to know, as identified by research for the 2019 Robert Half Salary Guide for Accounting and Finance Professionals. On computers, though.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Redefining FinOps and Building a Stronger Framework

FinOps Foundation

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. If this sounds familiar to definitions you’ve heard before, it should be.

FinOps 130
article thumbnail

Redefining FinOps and Building a Stronger Framework

FinOps Foundation

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. If this sounds familiar to definitions you’ve heard before, it should be.

FinOps 130
article thumbnail

Introducing Flex Boost: Autonomous EC2 Standard Reserved Instance Management

ProsperOps

Ultimately, we landed on commitment-based discount management and concluded that a portfolio of Convertible Reserved Instances (RIs), later augmented with Compute Savings Plans (2019) would generate the highest ESR. We created Effective Savings Rate (ESR) as a way to measure and definitively know the answers to our modeling questions.

article thumbnail

Key 2024 Changes to the Definition of Cloud FinOps

FinOps Foundation

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. Key Insight: The FinOps Foundation’s Technical Advisory Council has approved an updated definition of FinOps.

article thumbnail

Understanding AWS pricing models: how to choose a strategy that helps optimize your cloud costs

FinOps in Practice

For instance, EC2 (Elastic Compute Cloud), a service that provides compute capacity in the cloud, has numerous instance families and types that have different costs. And let us remind you that compute is one of three fundamental drivers of costs with Amazon, along with storage and outbound data transfer.

FinOps 130