How to Implement Cloud Finops

How to Implement FinOps

In this video, we will discuss the steps to setup FinOps that would touch on the following topics in breif

Create a FinOps team: The FinOps team should be responsible for understanding the organization's cloud costs, optimizing the organization's cloud usage, and driving down the organization's cloud bills.

Set clear goals: The FinOps team should set clear goals for cost savings, improved visibility, increased agility, improved compliance, and reduced risk.
Collect data: The FinOps team should collect data on the organization's cloud costs, usage, and performance.

Analyze data: The FinOps team should analyze the data to identify areas where costs can be saved, usage can be optimized, and performance can be improved.

Take action: The FinOps team should take action to implement the recommendations from the data analysis.
Measure results: The FinOps team should measure the results of the FinOps initiatives to ensure that they are meeting the organization's goals.