Architecting an Optimal FinOps Platform

Ajay Chankramath, Head, Platform Engineering, ThoughtWorks
This session will discuss the techniques for optimizing your cloud investments using FinOps Platform ideas. The core concepts of FinOps are well understood but consistency in implementing the recommendations provided by a plethora of reporting and analysis tools are less structured. This talk dive deep into these concepts and present a scalable model.
Most organizations who have adopted the public clouds (and in some cases private clouds) over the past decade are currently struggling with an ideal way to optimize their cloud investments. This talk will focus on the techniques and eventually a blueprint for building a FinOps platform. The main points I will be focusing on is the relevance of the triumvirate of Finance, Product and Technology, core principles of the FinOps platform and the building blocks of this platform. I will expand on the 5 core principles around - Data democratization, pipeline management, organizational alignment, sustainability and the platform operating model and map it to the building blocks. This approach will power measurable improvements for an organization trying to optimize their cloud investments using a platform implemented in a bespoke manner aligned with the pre-existing core technology platforms they have.
Takeaways:
1.Why should you consider a FinOps Platform for your cloud optimization problem?
2.What are the key building blocks of the FinOps Platform?
3.How can the Platform capabilities address the reusable nature of the needs of Finance, Product and Technology bringing it all under one unified umbrella