FinOps Review Framework And Data Governance in FinOps

Cloud cost are managed through resource tagging, cloud account Identifiers and various FinOps engineering, finance team, cost owners concept created within the organization to retrieve various aspect of cost reporting. On top of these constructs Apptio derives Account Grouping, Business Dimension etc to help FinOps Organisation.

•We should develop a framework in which customer can review cloud infra to organization FinOps Mapping along with Apptio derived structure for FinOps mapping. Customer should be able to view and review and comment on a particular FinOps mapping created through Apptio Framework.

For Example, Customer should be able to view Cost owner xyz was created with some rules which maps to x resource tag in cloud account Y, Z instance in Cloud Account W. This view could be discussed and commented/reviewed with users in the customer domain.

• It is important a data governance process around all three verticals (Organization of IBM Cloud Account for Cost Categories, Organization FInOps Division and Apptio derived construct for Business Divisions ) so that we can have confusion less trusted reporting.

Organizations should dimensioned followings through data standards.

a. Resource Tagging

b. Apptio Account Grouping

c. Business Dimensions.

d. Cost Owners

e. FinOps team owners

f. Engineering team

h. Finance team.

----- How Apptio can help ------

•Apptio can present front end to view cost structure from Cloud account infra till FinOps domain and Apptio dimensions in single pane/window. It can facilitate review system just like code reviews for developers.

•Apptio can provide data standards and data governance process around and integrated it with data ingestion and normalization process.

•User can add data standard around cost owners, finance team, engineering team, resource tagging, Apptio business dimensions etc. in this framework. These data standards should in a framework where it could be reviewed by FinsOps expert in organization.

•During CUR files ingestion, Apptio can verify whether data is obeying the data standards.