Google Cloud recently announced a number of new FinOps features and enhancements at Google Next ‘23. These new features and enhancements are designed to help organizations optimize their cloud costs and get the most value from their cloud investment. By Sarah McMullin.
One of the most significant announcements was the launch of the FinOps Hub. The FinOps Hub is a central place where organizations can manage all of their FinOps activities. It provides a single view of cloud costs, recommendations for cost optimizations, and tools to help organizations implement those recommendations.
Google Cloud also announced a number of other new FinOps features and enhancements, including:
- Cost Budgets for project users: This new feature allows organizations to set budgets for individual project users. This can help organizations to control cloud costs and identify users who are overspending.
- Committed Use Discount recommendations: This new feature uses machine learning to recommend the right type and size of CUD for each workload. This can help organizations to save money on their cloud costs by taking advantage of CUDs.
- Pricing API: This new API allows organizations to retrieve Google Cloud pricing data in real time. This data can be used to develop custom cost optimization tools and to make informed decisions about cloud pricing.
The new FinOps features and enhancements announced at Google Next ‘23 are a significant step forward for Google Cloud’s FinOps capabilities. These new features and enhancements will help organizations to optimize their cloud costs and get the most value from their cloud investment. Interesting!
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