Key FinOps Metrics

Metrics provide you with actionable information for use in your cloud cost management practice. When used properly metrics will enable you to see how well your cost optimization infrastructure is performing and whether your cloud footprint is profitable. We have listed the top metrics for you.

The first six are must-have metrics that will enable you to identify wasted cloud spend and to determine whether your cloud spend is creating actual business value. Your time is valuable so only track the metrics you need to assist in business decision and avoid inundating your team with interesting, but less actionable metrics.

Others who’ve viewed this page have also read:

iHeartRadio case study
The FinOps Journey to Intelligent Spending white paper
FinOps Maturity Review

FEATURE	BENEFIT
Tag Automation & Batch Tag Processing	Employ powerful automation to quickly and accurately tag cloud resources minimizing manual tasks and saving valuable time and effort. Reduce security vulnerabilities and human errors with accurate and swift tagging.
Real-time, Native Cloud Sync	Tag changes are reflected in real-time in native cloud service provider environments. Data is timely and accurate and can be leveraged with additional CloudSaver and third-party tools.
Tag Explorer Query Engine	Utilize our patented filtering and search technology for rapid and efficient location of client data across resources, zones, accounts, and service providers. This capability drastically reduces mean-time-to-resolution by quickly identifying key cloud data. Its deep dive, robust exploration enables you to “find anything.”
Tag Intelligence Dashboards & Tools	Benefit from a guided tag health experience that automatically delivers valuable insights without the need for customized reports or dashboards. These insights cover both your entire tag environment and also specific categories.
Customizable Dashboards	Create customized dashboards to display data according to your specific needs, offering real-time visibility into cloud resources, tags and spend. Obtain timely, accurate, and relevant data for insightful analysis and to identify tagging gaps.
Efficient Tag Remediation	Benefit from suggested, spell-checked tag keys and values – detect and batch merge tag variations.
Legacy Tagging Solutions	Retroactively tag or modify tags on existing legacy resources during cloud migration, either individually or in bulk and eliminate time-consuming manual efforts for smooth integration into your cloud environment.
Multi-Tenant & Multi-Cloud	Manage every cloud data set from a single screen across resources, zones, accounts, and cloud service providers (AWS and Azure).
Tag Policy Compliance Monitoring	Ingest tag policies from native cloud environments to ensure consistent tag syntax and taxonomy.
User Role & Permission Console	Enhance security with Identity and Access Management features contained in the permissions assigned through tagging.
Configuration Management Database (CMDB) Integration	The CloudSaver platform seamlessly incorporates CMDB data related to known cloud infrastructure, offering precise control, efficient tagging, and enhanced visibility by viewing, filtering, and sorting cloud resources based on CMDB data.