Creating Accountability Around Cloud Spend

As more agencies begin to embrace the benefits a multi-cloud environment can bring, they are also grappling with a few accompanying obstacles, including a lack of visibility on who is using it (and for what purpose) and the cost of its upkeep.

Cloud FinOps is a financial management discipline that creates accountability around cloud usage to help your agency successfully budget for this tech.

To give you a better idea of how Cloud Fin Ops can assist your agency, here’s a case study to consider:

Challenge: A state organization responsible for providing AWS-based cloud services to all sheriff’s departments across the state needed to see what they were spending and report on cloud usage. The organization also needed to easily understand the cloud spend of each department so it could apply a central management fee to each.

Solution: The agency began using a centralized dashboard, showing cloud spend across all state sheriffs’ departments, along with an automated chargeback capability. For each sheriff’s department, dashboards showed fully loaded costs (both the cost of cloud consumption and the cost of the central management fee).

Outcome: The state organization now has full visibility into past and current consumption of all sheriffs’ departments via a centralized reporting platform. It can now issue accurate chargebacks and central management fees to each department with proper allocations.

Download this report to learn more ways that a cloud FinOps framework can help.