DevFinOps is the integration of finance functions with development and operations teams. It aims to continuously control cloud costs by treating the public cloud as a utility with pay-as-you-go pricing. Under DevFinOps, financial planning is directly integrated into IT infrastructure to update cost calculations in real time and simplify budgeting. This helps development teams better understand how resources are used to find savings opportunities, as cloud resources incur direct monetary costs when running idle that were not present with traditional physical servers.

1. DevFinOps
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2. What is DevFinOps?
● The integration of Finance with Development and Operations
… say what?
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3. Why DevFinOps?
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Why another dev-blank-blank mashup?
■ Because as long as the public cloud remains a utility, everyone is
responsible for controlling the cost of their cloud use, meaning that
“continuous cost control” should fall directly in line with
“continuous integration and delivery”

4. How DevFinOps Works
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● Time and time again, DevOps teams overspend and face major organizational
challenges when inevitably the Finance team (or the CTO) starts enforcing a
stricter budget.
○ Cost control becomes a project, derailing development and rerouting valuable
resources.
It doesn’t need to be this way.
● A mental disconnect between cloud resources and their costs causes budget strain
and top-down pressure to control spend, so financial resources should be
integrated from the very beginning.
● One of the easiest ways to integrate finance with devops: automated cost control.

5. Changing the mindset: The Cloud is a Utility
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● A move to the cloud is a move to pay-as-you-go compute resources
● A change in mindset is required due to a shift from the set pricing of traditional
infrastructure to the on-demand public cloud
○ Traditional role: IT Asset Management (ITAM) - assessing financial,
contractual, and inventory components of an IT project
○ DevFinOps: fixing financial cost and value of IT assets directly into IT
infrastructure, updating calculations in real time and simplifying the budget
process

6. ParkMyCloud Copyright (2018)www.parkmycloud.com
“It’s been a challenge educating our team on the cloud model.
They’re learning that there’s a direct monetary impact for every
hour that an idle instance is running. The world of physical servers
was all CapEx driven, requiring big up-front costs, and ending in
systems running full time. Now the model is OpEx, and getting our
people to see the benefits of the new cost-per-hour model has been
challenging but rewarding.”
- ParkMyCloud customer

7. Why This is Important
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● DevFinOps is a more effective way to estimate costs:
○ Breaking them down into smaller estimates
○ Calculating as the work gets completed
○ Integrating financial planning into IT and cloud DevOps
● DevOps teams need visibility into how and when resources are being used to
understand opportunities for saving
REMEMBER - The public cloud is a utility
The easiest way to waste money is by leaving instances or VMs running 24/7/365
The easiest way to save: turn them off when they’re idle

8. Questions about optimizing cloud costs?
ParkMyCloud provides an easy-to-use platform that helps enterprises
automatically identify and eliminate wasted cloud spend. More than 800
enterprises around the world - including Unilever, Sysco, Hitachi ID Systems,
Papa John’s, and National Geographic - trust ParkMyCloud to cut their cloud
spend by millions of dollars annually. ParkMyCloud’s SaaS offering allows
enterprises to easily manage, govern, and optimize their spend across multiple
public clouds. For more information, visit www.parkmycloud.com.
For more information, visit https://www.parkmycloud.com.
ParkMyCloud Copyright (2018)www.parkmycloud.com