REA have taken an innovative approach to building strong financial management across their infrastructure team. The visibility and ownership of costs has been improved through modifying team structure, interactive finance processes, budgeting operations and improved cost management behaviours. Hear from both an operational and finance perspective the value delivered and lessons learnt by REA on this FinOps journey. Speakers: Katerina Martianova, Commercial Manager - IT, REA Group Javier Turegano, Global Infrastructure and Architecture Manager, REA Group

1. © 2017, Amazon Web Services, Inc. or its Affiliates. All rights reserved.
Katerina Martianova
Commercial Manager-IT
REA Group
Level 100
FINOPS
How can Finance and Operations Work Better Together?
Javier Turegano
Global Infrastructure and Architecture Manager
REA Group

2. Who We Are
Katerina Martianova Javier Turegano
@setoide
FIN OPS
@kmartianova

3. REA Group is a market-leading digital media business specialising in property.

4. REA Journey

5. Agile Beyond IT

6. AWS is a Key Pillar of our Strategy

7. Complication

8. Traditional Dynamics

9. Silos All Over Again

10. The Money Ride
Spend, Spend,
Spend
Spend
Everything
Don’t
Spend
Bad News
End of Year
Good News
Budget

11. Frustration

12. AWS Cost Escalation – Unwelcome Growth!
30%
50%
10%
AWS
cost
FY15 FY16 FY17

13. Poor Visibility of Costs
FY 2015 FY 2016
Business Unit 1
Business Unit 2
Business Unit 3
Unallocated
AWS
Costs

14. Complex Domain
Reserved
Spot
On-Demand
Rightsizing
Autoscaling
Elasticity
Utilisation
Peak
Tagging
Containers
Serverless
AWS-nomics

15. Company Structure
Central IT
Finance
Business
Unit 1
Business
Unit 2
Business
Unit 3
$$$

16. Key Question: can we invent a
way of managing this?

17. Lean Principles

18. Cross Functional Teams

19. Answer to the Key Question?

20. Genchi Genbutsu: Sitting with IT!!!

21. Attending Standups

22. Education

23. One Team, One Dream!

24. Getting it Done: Hack Day Idea!

25. Hack Day Dashboard

26. Business Case to Get Help

27. Tech Solution: Enforce-o-tron

28. Tech Solution: Cloudability Reporter

29. Tag your Instances
Business Unit 1
Business Unit 2
Business Unit 3
Unallocated
Business Unit 1
Business Unit 2
Business Unit 3
Unallocated

30. Central IT
Finance
Business
Unit 1
Business
Unit 2
Business
Unit 3
$$$
Decentralised AWS Budgets
Central IT
Finance
Business
Unit 1
Business
Unit 2
Business
Unit 3
$$$

31. New Invention: FinOps Principle
… You pay for it

32. Outcome

33. Short Feedback Loops
...
End of YearBudget
Spend
MeasureLearn
Spend
MeasureLearn
Spend
MeasureLearn

34. Change in Behaviour
“Great work tracking these down. Motivates me to run a similar audit on one of my accounts”
“It is my belief that all the instances here
can be removed so that we can save
some money in our AWS accounts”
“If every instance is deleted here
I believe we would save around
$70,000 in the next 12 months”
If you want to
change attitudes,
Start with a change
in behaviour.
William Glasser

35. Initial Outlook
FY 2015 FY 2017FY 2016

36. Results: Savings!!!
FY 2015 FY 2017FY 2016
$$$

37. Minimal Business Impact

38. Savings Can Buy a Lot of Dumplings!

39. Next Steps

40. Want FINOPS?
1 Have an open mind
2 Offer to teach and learn
3 Business case to get help
4 Tag your cloud
5 Decentralise budgets
6 Reward good behaviour
7 Learn and repeat

41. Thank you!