The FinOps Foundation launches FOCUS, a new spec for sharing cloud cost data

Variety
03-05-2023 | 08:56
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
The FinOps Foundation launches FOCUS, a new spec for sharing cloud cost data
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
2min
The FinOps Foundation launches FOCUS, a new spec for sharing cloud cost data

The FinOps Foundation, a foundation under the auspices of the Linux Foundation, today announced the launch of FOCUS, the FinOps Open Cost and Usage Specification, a new project that aims to build and maintain a common spec for cloud cost, usage and billing data. This spec, the group argues, will provide a consistent structure for reporting cloud cost data and enable companies to expedite their cloud adoption thanks to increased trust in this data and the ability to map cost back to individual business units.

Google and Microsoft, who are both premier members of the foundation, will join the FOCUS steering committee, with the likes of CloudZero, CloudMonitor, Neos, VMware, Ternary and Accenture also participating in the project.
 
“One of the things that we’ve run into is that one of the underlying core issues with working with FinOps data and trying to push forward a culture of cost accountability and getting finance integrated and getting engineers to take better actions to be more efficient from a cost standpoint is that the data underlying the practice is super confusing,” said J.R. Storment, the executive director of the FinOps Foundation. “We’re trying to solve that underlying data problem. The big challenge is people don’t trust the data and they don’t understand it — and as a result, they can’t take actions on it.”
 

FinOps

Foundation

Launches

FOCUS

New

Spec

Sharing

Cloud

Cost

Data

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
News Bulletin Reports
2025-10-19

Talk of border negotiations: Israeli army launches major northern drills along Lebanon's border

LBCI
News Bulletin Reports
2025-09-12

Lebanon fast-tracks Starlink license: What does this mean for businesses and connectivity?

LBCI
Lebanon News
2025-12-16

Beirut court approves release of former minister Amin Salam on bail, sources say

LBCI
Lebanon News
2025-11-05

Palestinian Embassy hands over suspects in Elio Abou Hanna killing to Lebanese authorities

Videos
d-none hideMe
LBCI
Lebanon News
2025-12-02

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

LBCI
Lebanon News
2025-12-02

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

LBCI
Lebanon News
2025-12-02

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

LBCI
Lebanon News
2025-12-02

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

LBCI
Lebanon News
2025-12-01

Pope Leo XIV tells Lebanese youth Lebanon’s future ‘is in your hands’; watch full speech here

LBCI
Lebanon News
2025-12-01

Pope Leo XIV moved by youth turnout in Bkerke: Video

LBCI
Middle East News
2025-11-27

Pope Leo leaves for Istanbul—Video

LBCI
Middle East News
2025-11-27

Pope Leo arrives at Turkey's Presidential Palace—Video

LBCI
Middle East News
2025-11-27

Pope Leo visits Mustafa Kemal Ataturk's mausoleum—Video

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
News Bulletin Reports
13:00

Lebanon imposes stricter rules on cash transfers

LBCI
News Bulletin Reports
12:55

Israel weighs Hezbollah showdown as Netanyahu-Trump meeting nears

LBCI
Lebanon News
03:40

Israel strikes multiple areas across Lebanon; army says it hit alleged Hezbollah sites

LBCI
News Bulletin Reports
12:50

A wave in motion as 380,000 Syrian refugees return from Lebanon

LBCI
Lebanon News
04:58

Lebanon parliament approves $250 million World Bank loan for southern infrastructure

LBCI
News Bulletin Reports
12:55

Crackdown on illegal crossings: Smuggling routes dry up as Lebanon and Syria boost border enforcement

LBCI
Lebanon News
04:00

Berri says Israeli strikes send message to Paris army support conference

LBCI
Lebanon News
03:09

Israel launches three airstrikes on Hermel outskirts

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More