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In this episode, SteveO and Frank discuss the FOCUS project with Udam Dewaraja, exploring its origins, development, and future directions. The conversation highlights the importance of a common taxonomy in FinOps, the engagement of cloud providers, vendors and practitioners, and the growth of the Focus community.
Udam shares insights on the current state of the Focus specification, the use case library, and the need for a broader understanding of FinOps beyond just cloud costs. The episode concludes with reflections on the maturity of FinOps and the ongoing challenges in data normalization and accuracy.
Takeaways:
Focus aims to create a common taxonomy for cloud costs.
The project started from a need for data normalization.
Engagement from major cloud providers was crucial for Focus's success.
The use case library is essential for practical applications of Focus.
Focus is not just for cloud costs but can be applied to SaaS and private cloud.
The specification provides a common language for understanding costs.
Community feedback is vital for the evolution of Focus.
FinOps maturity requires systematic approaches to cost management.
Normalization challenges persist as the industry evolves.
Collaboration among practitioners is key to advancing FinOps.
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