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Course information
Introduction to FinOps Training Course Outline
Module 1: Introduction to FinOps
- What is FinOps?
- Why FinOps?
- Real-Time Reporting
- Role of Each Team in FinOps
Module 2: Language of FinOps and Cloud
- Common Lexicon
- Cloud Language Versus Business Language
- Creating a Babel Fish Between DevOps and Finance Teams
Module 3: FinOps Lifecycle
- Principles of FinOps
- FinOps Lifecycle
Module 4: Allocation
- Why Allocation Matters?
- Chargeback Versus Showback
- Amortisation
- Creating Goodwill and Auditability with Accounting
- Going Beyond Cloud with the TBM Taxonomy
Module 5: Tags, Labels, and Accounts
- Cost Allocation Using Tag and Hierarchy-Based Approaches
- Using Tags for Billing
- Getting Started Early with Tagging
- Picking the Right Number of Tags
- Working Within Tag/Label Restrictions
- Maintaining Tag Hygiene
- Reporting on Tag Performance
Module 6: Optimise Phase
- Adjusting to Hit Goals
- Usage Optimisation
- Rate Optimisation
- Paying Less with Reserved Instances and Committed Use Discounts
- RI and CUD Strategies
Module 7: Automating Cost Management
- What’s the Goal of Automation?
- Automation Tools
- Automation Working Together
- Safety and Security
- Usage Reduction
Module 8: FinOps for the Container World
- Move to Container Orchestration
- Container FinOps Lifecycle
- Container Inform Phase
- Container Optimise Phase
- Container Operate Phase
Module 9: Managing to Unit Economics: FinOps Nirvana
- Metrics as the Foundation of Unit Economics
- Coming Back to the Iron Triangle
- Activity-Based Costing
- What’s Missing from the Equation?
Who should attend this Introduction to FinOps Training Course?
The Introduction to FinOps Training Course is designed for professionals across various sectors who want to gain a comprehensive understanding of Financial Operations (FinOps) principles and practices. This training is valuable for a diverse range of individuals, including:
- IT Managers
- Business Analysts
- Cloud Architects
- Operations Managers
- Product Managers
- Cloud Cost Analysts
- Cloud Administrators
Prerequisites of the Introduction to FinOps Training Course
There are no formal prerequisites for the Introduction to FinOps Training Course. However, delegates should have a basic understanding of cloud computing concepts to fully engage with the training material.
Introduction to FinOps Training Course Overview
Introduction to FinOps is a foundational training course that introduces individuals and organisations to the concept of Financial Operations, or FinOps. FinOps is a discipline that focuses on the financial management of cloud resources and services. In this course, participants gain a fundamental understanding of how to optimise and manage their cloud spending efficiently.
The benefits of the Introduction to FinOps Certification Course are significant. It empowers organisations to gain control over their cloud spending, preventing unexpected cost overruns. It enables better financial planning and budgeting, ensuring that cloud resources are allocated optimally to meet business needs without overspending. Also, individuals and teams who complete this course acquire valuable skills in cloud cost management, making them more attractive to employers in the ever-expanding cloud industry.
The Knowledge Academy's 1-day Introduction to FinOps Training Course offers several advantages. It equips delegates with practical skills to analyse cloud cost data, identify cost-saving opportunities, and implement cost optimisation strategies. This, in turn, leads to tangible cost reductions for businesses. Additionally, organisations that invest in this training for their teams benefit from improved operational efficiency as employees become proficient in managing cloud resources effectively.
Course Objectives
- To understand the fundamentals of FinOps
- To learn cloud cost tracking and analysis techniques
- To develop budgeting and forecasting skills for cloud spending
- To implement cost optimisation strategies in cloud environments
- To foster a cost-conscious culture for efficient resource management
In this FinOps Certification, participants will gain a comprehensive understanding of FinOps, enabling them to effectively manage cloud costs, optimise spending, and contribute to their organisation's financial success in the cloud era.
What’s Included in this Introduction to FinOps Training Course?
- World-Class Training Sessions from Experienced Instructors
- Introduction to FinOps Certificate
- Digital Delegate Pack
Why choose us
Our Heathrow venue
Includes..
Air conditioned
To keep you comfortable during your course we offer a fully air conditioned environment.
Full IT support
IT support is on hand to sort out any unforseen issues that may arise.
Video equipment
This location has full video conferencing equipment.
Ways to take this course
Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounting & Finance Training | Introduction To FinOps Training in Heathrow. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.
Unlock your potential with The Knowledge Academy's Accounting & Finance Training | Introduction To FinOps Training in Heathrow, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.
Experience the most sought-after learning style with The Knowledge Academy's Accounting & Finance Training | Introduction To FinOps Training in Heathrow. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Accounting & Finance Training | Introduction To FinOps Training in Heathrow sessions.
Highly experienced trainers
Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience
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We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible
Small class sizes
Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment
Great value for money
Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value
Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.
Tailored learning experience
Leverage benefits offered from a certification that fits your unique business or project needs
Maximise your training budget
Cut unnecessary costs and focus your entire budget on what really matters, the training.
Team building opportunity
Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings
Monitor employees progress
The course know-how will help you track and evaluate your employees' progression and performance with relative ease
What our customers are saying
Stephen as a trainer was second to none. Stephens experience both as a CFO alongside having comprehensive government experience made his examples engaging and suggestions helpful. I found Stephen's ability to explain both the micro and the macro components of FinOps, really helpful and engaging.
Paddy Malone
The trainer explained concepts to greater depth and details. He made sure all participants were completing the tasks and addressed any confusions or technical issues.
Haven Eldebaque
Accounting & Finance Training | Introduction To FinOps Training in Heathrow FAQs
FinOps is the operational practice of managing and optimising cloud costs, uniting finance, technology, and business to maximize cloud investment value. It emphasises cost transparency, accountability, and ongoing optimization, ensuring informed cloud usage decisions for financial efficiency and control.
FinOps is a cultural practice, and its operating model is the common dynamic method beneficial for teams to control their cloud costs. With FinOps, teams can operate collectively to gain operational and financial control.
Teams collaboration, variable cost model, decisions driven by the business value, control of cloud usage, reports should be convenient and timely, centralised team drives FinOps are the six principles of FinOps.
Inform (visibility and allocation), optimise (utilisations), operate (continuous improvement and operations) are three phases of FinOps.
There are no formal prerequisites for this Introduction to FinOps Certification Course.
This FinOps Certification Training provides you with a comprehensive knowledge of FinOps methodology. This training includes the knowledge of FinOps lifecycle, maintaining tag hygiene, adjusting to hit goals and automation tools.
The duration of this FinOps Certification Course spans over 1 day.
The FinOps Certification equips individuals with skills in cloud financial management, cost optimisation strategies, budgeting, forecasting, and governance, enabling efficient cloud spending and maximizing return on investment.
After completing the FinOps Certification Course, career opportunities include roles such as FinOps Analyst, Cloud Financial Manager, Cost Optimisation Specialist, and FinOps Consultant, among others, in industries adopting cloud services to manage their cloud expenses effectively.
If you are unable to access your Introduction to FinOps Certification Course, you should contact The Knowledge Academy customer support team. They can assist with login issues, course access problems, and any technical difficulties you might encounter.
The Knowledge Academy in Heathrow stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking an Introduction to FinOps Certification Course.
The training fees for Introduction to FinOps Trainingin Heathrow starts from £995
The Knowledge Academy is the Leading global training provider for Introduction to FinOps Training.
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Resources are included for a comprehensive learning experience.
"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"
Joshua Davies, Thames Water
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