AWS Flash - Cloud Financial Management: FinOps Fundamentals & Strategies (Part 2)

The course covers the foundational knowledge of AWS Cloud Financial Management (CFM) solutions, designed for a range of technical personas from FinOps Practitioners to IT Managers. It begins by introducing the four pillars of AWS CFM - See, Save, Plan, and Run - which enable finance, product, technology, and business organizations to manage, optimize, and plan costs as they grow their usage and scale on AWS. The course explains the AWS consumption-based model and outlines key design principles for cost optimization, such as embracing a consumption-based mindset and stopping spending on undifferentiated heavy lifting. Throughout the course, the content aims to enable practitioners to effectively leverage the AWS CFM framework and solutions to plan, manage, and optimize their cloud spend, ultimately driving cost-conscious decision-making and accelerating business value realization.