Kubernetes or K8s is an open-source production-grade container orchestration system for automating, scaling, and managing containerized applications. A container is a lightweight, standalone, executable ready-to-run software package that contains everything needed to run an application. It includes the runtime, code, libraries, systems tools, and default values for any essential settings.

In our first blog post, we introduced the concept of cloud unit economics—a system to measure cost and usage metrics. It helps maximize cloud value for better outcomes per dollar spent. We reviewed what cloud unit economics is, why it’s crucial to FinOps success, and how it enables organizations to unlock the full business value potential of cloud computing.

The cloud’s elasticity—the ability to scale resources up and down in response to changes in demand—as well as variable cost structures offer significant advantages, enabling enterprises to move from rigid capex models to elastic opex models where they pay for what they provision, with engineers in control and focused on innovation, becoming true business accelerators.