USU FinOps Cloud Cost Management Solution

This document is a fact sheet detailing the USU FinOps solution, which aims to maximize cloud return on investment (ROI) while ensuring stable performance. It outlines the key features of the solution, including full visibility into cloud costs, efficiency improvements, and real-time data insights for decision-making. The FinOps process is described, encompassing stages from informing to optimizing and operating cloud resources. The document also highlights the service initiation and implementation support provided by USU, ongoing data quality management, and continuous improvement recommendations through regular review meetings with certified experts. Additionally, it presents various functionalities such as showback and chargeback mechanisms, accurate cost allocation, budgeting and forecasting capabilities, multi-cloud visibility, cost optimization suggestions, anomaly management, and cloud unit economics. The document emphasizes the importance of aligning cloud resources with organizational goals and enhancing accountability among cloud users.