The Prius Effect: A Fun Look at Cloud Financial Management
While rereading some of the parts of the Cloud FinOps Book by J.R. Storment and Mike Fuller I read about the Prius Effect again. I remember when reading it for the first time a penny dropped immediatly. Ever heard of the "Prius Effect"? No, it's not a sci-fi movie, but a concept that teaches us a thing or two about cloud financial management.
So, buckle up and let's take a ride through the world of the Toyota Prius hybrid vehicle to see how real-time feedback and data visualization can help us make better decisions when it comes to managing cloud resources.
The Prius Effect: A Quick Spin Around the Block
So, what's the deal with the Toyota Prius? Well, this little hybrid car won hearts & minds with its fuel efficiency and eco-friendly credentials. But the real magic happened on its dashboard display, where drivers could see real-time feedback on their driving habits. By showing how different actions impacted fuel consumption, drivers were inspired to change their behaviour and squeeze out even more miles per gallon.
And that, my friends, is the "Prius Effect"!
In the meantime this is no longer something only Toyota is using but every car has better insights, graphs and so on to create a better understandig of thing you could do differently to get more out of every gallon or KwH.
Hitting the Gas on FinOps with the Prius Effect
Now, let's apply some of that Prius magic to FinOps! Just like the Prius dashboard that shows real-time fuel consumption, FinOps teams can give everyone a clear view of cloud costs and resource usage. With this info at their fingertips, teams across the organization can make smarter decisions and put the brakes on unnecessary cloud spending.
Four Tips for a Smooth FinOps Ride:
Keep it real... real-time, that is: Give your teams the right view on cloud costs and resource usage as it happens, so they can make the right choices on the fly.
Data visualization is your friend: Make cloud cost and usage data as appealing as possible with dashboards, graphs, and charts. Your teams will thank you for it!
Teamwork makes the dream work: Get finance, engineering, and operations teams on the same page about cloud financial management goals. It's a win-win for everyone.
Go for the gold: Set up targets or rewards for teams that rock the cloud cost-saving game. A little incentive goes a long way!
Conclusion:
The Prius Effect isn't just about getting more miles to the gallon; it's a lesson in how real-time feedback and data visualization can inspire us to make smarter choices. By applying these insights to cloud financial management, we can optimize cloud costs, bring teams together, and create a culture of financial accountability that would make Prius proud. So, rev up your FinOps engines and drive towards a more efficient and financially savvy future!