Published : Apr 03, 2024
NOT ON THE CURRENT EDITION
This blip is not on the current edition of the Radar. If it was on one of the last few editions, it is likely that it is still relevant. If the blip is older, it might no longer be relevant and our assessment might be different today. Unfortunately, we simply don't have the bandwidth to continuously review blips from previous editions of the Radar.
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Apr 2024
Assess
Cloud and SaaS billing data can be complex, inconsistent among providers and difficult to understand. The FinOps Open Cost and Usage Specification (FOCUS) aims to reduce this friction with a spec containing a set of terminologies (aligned with the FinOps framework), a schema and a minimum set of requirements for billing data. The spec is intended to support use cases common to a variety of FinOps practitioners. Although still in the early stages of development and adoption, it’s worth watching because, with growing industry adoption, FOCUS will make it easier for platforms and end users to get a holistic view of cloud spend across a long tail of cloud and SaaS providers.
