Understand Cloud Usage and Cost Domain
The focus of the Capabilities within this Domain is to comprehend and allocate the cost and usage within the organization, rather than taking action for a specific purpose.
This Domain can be considered the foundation of FinOps on which to build. It is important to get it right and one that CloudMonitor focuses heavily on. At its core, this Domain is centered around answering the question of what cloud services the organization is spending on and how they are being utilized.
Select a Capability below to see the CloudMonitor features that map to it:
Choose a Capability to Understand Cloud Usage & Cost Domain
The organization’s goal is to collect all necessary information about cloud usage and costs, normalize it, and make it available for review by relevant personnel in other Domains. This enables organizations to gain insight into their cloud services, understand what is driving expenditure, and determine who is responsible for those expenses. It provides essential data consistently to support a current picture of cloud usage and historical trends, at a level of detail suitable for the organization’s current level of maturity, in order to support the second domain: Quantify Business Value.
