What is Cost Optimization?
Cost Optimization Cost optimization is the ongoing process of controlling and reducing IT spending by eliminating waste, right-sizing resources, and improving procurement strategies, as formalized in FinOps best practices.
Source: ITIL v4, AWS Well-Architected Framework, Kubernetes Documentation, CNCF
How is “Cost Optimization” Used in Practice?
Continuous cost optimization efforts lead to lower operational expenses and more efficient use of cloud services.
Certification Exam Relevance
Who Needs to Know This Term?
- DevOps Engineers
- SREs
- Platform Engineers
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What is Cost Optimization?
Cost optimization is the ongoing process of controlling and reducing IT spending by eliminating waste, right-sizing resources, and improving procurement strategies, as formalized in FinOps best practices.
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