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FOCUS 1.0 is Now Available. Practitioners and Clouds Continue Adoption.

FinOps Foundation

FOCUS is being adopted by end user FinOps Practitioners, leading cloud Infrastructure-as-a-Service (IaaS) providers, and FinOps tool vendors, who all benefit from removing complexity associated with cloud billing data normalization. Get trained on the Specification through the FinOps Certified FOCUS Analyst certification.

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How Do You Get Started in FinOps?

Azure FinOps

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. It won’t shock you to learn there aren’t many companies like this.

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How Do You Get Started in FinOps?

Azure FinOps

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. It won’t shock you to learn there aren’t many companies like this.

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Map Your Cloud Journey: 50 Essential Cloud KPIs to Guide the Way

CloudCheckr

One way to do so is to create a cross-functional group, like a Cloud Center of Excellence (CCoE) and/or FinOps organization, to manage and monitor your cloud investment and track your cloud KPIs, or key performance indicators. What Is FinOps? This is an area where a FinOps team, including members of finance, can offer their expertise.

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Using the right tools for your cloud cost forecasting

AWS FinOps

AWS Cost Explorer Ideal for Business/Product Owners, FinOps Practitioners, Engineers, and Operations About AWS Cost Explorer AWS Cost Explorer is an out-of-the-box solution and the simplest way to analyze your costs in AWS. These forecasts are based on your past usage with a prediction interval of 80% (i.e.,

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Understand and build driver-based forecasting

AWS FinOps

It can take into account factors that drive your business including product or feature launches, product promotions, or pilot programs. The results can be downloaded into a CSV or easily shared with team members. In the new product launch example below, the driver-based forecast includes the one-time cost from the original estimate.

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The Scope of FinOps Extends Beyond Public Cloud

FinOps Foundation

Key Insight: To effectively manage the variable nature and distributed procurement model of cloud, FinOps Practitioners have built capabilities to maximize the value of their organization’s technology investments. We first explored this anticipated shift in the second edition of Cloud FinOps (pg.

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