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Book Description

Cloud platforms are changing big data processing for the better, but there’s one significant challenge: the problem of managing costs. Organizations used to on-premises solutions are often surprised by expense overruns for various tasks in the cloud, due to the ever-increasing amounts of structured, semi-structured, and unstructured data they collect and use. With this comprehensive guide, IT leaders, data architects, data engineers, and data analysts will examine several factors that affect cloud-based data processing costs. You’ll also come away with a collection of financial governance best practices.

Through the course of this ebook, you’ll explore three areas essential to any successful governance plan: cost controls, traceability, and predictability. Authors Amit Duvedi, Balaji Mohanam, Andy Still, and Andrew Ash cover the processes, tools, and systems that will enable you to perform effective financial governance of your data processing platform.

  • Learn how cloud-based financial governance differs from on-premises solutions
  • Examine the way your company currently uses a cloud data platform
  • Explore available cloud provider tools, third-party cloud management tools, and the new breed of analytic data platforms
  • Dive into the stages of the financial governance lifecycle—to understand, control, and then optimize activity in your cloud platform
  • Control your cloud costs while still meeting rising business demand and SLAs

Table of Contents

  1. Executive Summary
  2. 1. Introduction
    1. Notes on Terminology
      1. Data Processing
  3. 2. Big Data and the Cloud
    1. Stage 1: Adoption
    2. Stage 2: Expansion
    3. Stage 3: Control
  4. 3. Financial Governance for Data Processing
    1. Financial Governance in the Cloud
    2. The Financial Governance for Data Processing Life Cycle
    3. Options for Delivering Financial Governance in the Cloud
      1. Financial Governance Tools Provided by Cloud Service Providers
      2. Financial Governance Tools Provided by Cloud Management Platforms
      3. Financial Governance Tools Provided by Cloud-Native Data Platforms
  5. 4. Stage 1: Understand
    1. Financial Governance Tools Provided by Cloud Service Providers
      1. The Importance of Tagging
    2. Financial Governance Tools Provided by Cloud Management Platforms
    3. Financial Governance Tools Provided by Cloud-Native Data Platforms
  6. 5. Stage 2: Control
    1. Financial Governance Tools Provided by Cloud Service Providers
      1. Budgeting and Alerting
      2. Rightsizing
    2. Financial Governance Tools Provided by Cloud Management Platforms
      1. Recommendations
      2. Additional Controls
    3. Financial Governance Tools Provided by Cloud-Native Data Platforms
      1. Controlling the Underlying Cluster
      2. Serverless Data Platforms
  7. 6. Stage 3: Optimize
    1. Optimizing for Performance
      1. Reinventing Capacity Management
    2. Financial Governance Tools Provided by Cloud Service Providers
    3. Financial Governance Tools Provided by Cloud Management Platforms
      1. Waste Reduction
      2. Cost Optimization
      3. Traceability Management
    4. Financial Governance Tools Provided by Cloud-Native Data Platforms
      1. Resource Efficiency
      2. Resource Cost Optimizations
  8. 7. Summary