Overview
Cloud Financial Management or FinOps is the practice of implementing cloud technology to optimize the financial management and operations of a business.
This instructor-led, live training (online or onsite) is aimed at cloud administrators, cloud architects, technology heads, and financial analysts who wish to record, manage, monitor, and process financial assets of an organization in the cloud.
By the end of this training, participants will be able to use FinOps practices in an organization to forecast costs, optimize processes, and perform financial management operations in the cloud.
Format of the Course
- Interactive lecture and discussion.
- Lots of exercises and practice.
- Hands-on implementation in a live-lab environment.
Course Customization Options
- To request a customized training for this course, please contact us to arrange.
Requirements
- Knowledge of financial management and operations
- Basic understanding of cloud technology
Audience
- Cloud administrators
- Cloud architects
- Technology heads
- Financial analysts
Course Outline
Introduction
Overview of Cloud Financial Management or FinOps
- Core principles
- Traditional versus cloud financial management
- Phases and their functions
Using Cloud Technology for Financial Management
- The cloud economy
- Cost drivers
Building a FinOps Team in an Organization
- Team principles and structure
- Role and responsibilities in the organization
Learning About FinOps Capabilities Architecture
- FinOps activities and culture
- Maturity model
- Operating model
Exploring Cloud Billing Platforms
- Existing platforms
- Account management tasks
- Cost management tools
Understanding the FinOps Lifecycle
- Visibility and allocation
- Utilization and rates
- Continuous improvement and operations
Establishing a Successful FinOps Operations
- Best practices
- Cloud optimization
- Leveraging AI capabilities
Summary and Conclusion
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