How can you get started building a centralized team?
SoftwareOne's FinOps Starter Pack has helped dozens of enterprises begin their cloud financial management journey. The first step in the Starter Pack is holding workshops with stakeholders from different teams to identify gaps in their current strategy and prioritize areas that require attention.
We have interviewed hundreds of people during these workshops and found that respondents, on average, disagree with the answers to 55% of cloud-related questions. It is impossible to succeed with FinOps when groups do not have alignment around the cloud and how it can help them achieve your organization's goals.
When teams work in silos, you won't realize the full benefits of the cloud. You'll also lack a holistic view of your spend and usage—making it impossible to maximize the value of your cloud investments.
Succeeding with cloud financial management requires a centralized FinOps team. You don't necessarily need to hire new people when you form this group.
Instead, build a sense of ownership among your existing teams by bringing the following stakeholders together in a functional FinOps group.
- IT
- Engineering/DevOps
- Executive leaders
- Cloud vendor or cloud management solution vendor
- Finance
- Procurement
You can also bring in FinOps experts to help you establish, manage, and maintain your program without investing in dedicated, full-time employees.