Implementing FinOps – cloud financial management practices designed to maximize business value – is the most effective way for organizations to gain better control on cloud spend, avoid waste and keep projects running
If you’re looking to take control of your cloud costs, understanding key FinOps metrics is a good foundational step. These metrics are crucial for driving efficiency and avoiding unnecessary expenses. Here’s a quick rundown of the top 4 metrics to measure FinOps success:
📌 Reserved Instance/Savings Plan Coverage
📌 Cloud Enablement %
📌 Cost Optimization Realized Savings %
📌 Annual Forecast Accuracy %
Staying on top of these metrics means better financial control and a more efficient cloud environment, and can contribute to framing your FinOps and cloud optimization journey.
Download the e-guide from Cloud Kinetics, “Managing Cloud Spend: Your Top 5 FinOps Qs Answered” for a deeper dive into cloud financial management!
