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BREAKING DOWN THE BASICS OF FINOPS: Understanding the Key Concepts and Terminology
Manage episode 478240114 series 3660642
Tenacity Cloud, Nick Lumsden, and Jason Yaeger에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Tenacity Cloud, Nick Lumsden, and Jason Yaeger 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
UNDERSTANDING INDUSTRY TERMS IS CRUCIAL TO UNDERSTANDING OPERATIONS
In any field of operations, it is very important to get your terminologies right. Teams cannot operate, communicate, or coordinate well together if they don’t talk or write in the same terms. This is why this subject should be discussed early on, and in this episode, Nick and Jason will be breaking down important terms in FinOps such as Blended vs Unblended Cost, Cost Allocation, On-Demand Pricing, Amortized Cost, Cost of Capital, and much more, so stay tuned until the end of this latest episode of Cloud Cost Optimization.
WORDS TO OPTIMIZE YOUR DAY
NICK: THE IMPORTANCE OF A COMMON VOCABULARY
“This is important to cover early on because one of the first steps in any endeavor is really defining your vocabulary to help people communicate, and when we're communicating across Finance and DevOps, being able to bring those two teams together in a common dictionary, I think, is pretty important.”
Get to know our hosts in the links below:
- Nick Lumsden: https://www.linkedin.com/in/nicklumsden/
- Jason Yaeger: https://www.linkedin.com/in/jasonyaeger/
Get a free assessment and optimize your environment in TenacityCloud.com
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