Cloud Technology

What are the best practices for implementing FinOps to reduce hidden cloud wastage?

GR Asked by Gregory Taylor · 02-07-2025
0 upvotes 12,546 views 0 comments
The question

Our monthly AWS bill has jumped 40% without a proportional increase in traffic. We suspect orphaned EBS volumes and over-provisioned EC2 instances are the culprits. How can we implement a FinOps framework to gain better visibility and automate the termination of unused resources?

3 answers

0
LA
Answered on 04-07-2025

FinOps is about culture as much as it is about tools. First, enforce a strict tagging policy; if a resource isn't tagged with an "Owner" and "Project," it should be automatically flagged. Use AWS Trusted Advisor or third-party tools like CloudHealth to identify underutilized instances. I recommend setting up "Lambda Janitor" scripts that automatically take snapshots and delete EBS volumes that have been unattached for more than 48 hours. Moving to Graviton-based instances can also provide an immediate 20% price-performance improvement. Finally, implement "Rightsizing" reviews during every sprint to ensure developers aren't picking 4xlarge instances for 1xlarge workloads.

0
JU
Answered on 05-07-2025

Have you looked into Savings Plans or Reserved Instances yet, or are you still running everything on-demand while you figure out your baseline?

GR 06-07-2025

We are mostly on-demand because our workloads fluctuate. We're hesitant to commit to 1-year terms until we see if we can optimize our current architecture through better auto-scaling.

0
ME
Answered on 07-07-2025

Automated scheduling is your friend. If your dev and staging environments don't need to be up 24/7, shut them down after 6 PM and on weekends to save instantly.

LA 08-07-2025

That’s a low-hanging fruit that many forget. We saved nearly 30% on our non-production bill just by implementing a simple start/stop schedule for our RDS instances.

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