Product Update - Weighted Tags

Product Update - Weighted Tags

The major FinOps challenge in understanding cost allocation is managing shared cost, and it comes in two main shapes:

  • Shared Infrastructure - The use of an abstraction layer on top of the most granular cost of the unit you get from your cloud provider, like Kubernetes on top of AWS (you pay for instances, yet use pods).
  • Shared tenancy - a service that might get utilized by multiple customers, features, or products, resulting in difficulties with the assignment.

To solve both those problems, Finout today introduces Weighted virtual tags.

Unlike other vendors, we know that a fixed percentage for shared allocation is insufficient.

With the new Weighted Virtual (WV) Tags, you can split any cost, by any metric, from any system.

Let's look at a few examples:

  1. S3 bucket costs can be broken down into folders using S3 Inventory
  2. The transaction handling EC2 can be allocated to prod/staging based on a Datadog metric
  3. Spark EMR cluster can be broken down into jobs based on a Prometheus metric

With this new feature, Finout remains the most open and flexible solution out there, with endless cost allocation possibilities - and virtually nothing that can't be done.

Click here to book a demo

Learn More

Cloud Budgeting and Forecasting Software

Product Update - Predefined Dashboards

Product Update - Custom Cost Input

What is Finout's MegaBill

Product Update - Resource Page

Product Update - Advanced Reporting

Product Update - Finout's Databricks Integration

Product Update - Customizable dashboards

Product Update - Datadog Native Integration

Product Update - Self on boarding is live

Product Update - Text Widget

Product Update - CostGuard UI

Product Update - CPC Archiver

Product Update - Date Picker

Product Update - Virtual Tags

Product Update - Datadog Cost Center

Product Update - CostGuard

Product Update - GCP and GKE Cost Management

Product Update - Import Custom CSVs for Cost-Centers

Product Update - Export Raw Data Level

Product Update - Global Customizable Dashboard Filters

Product Update - FinOps Widget

Step by Step guide - G2 review for Finout

Product Update - Finout Now Supports Cost Types For AWS

Product Update - AWS Cost Explorer Filter (Video)

Platform Deep Dive - Video

The challenges of Kubernetes cost in a Multi-Tenant environment

Product update - Snowflake Query

Product update - Custom Dashboard

Product update - New UI

Finout Integrates with all your usage-based tools

Top featured blogs