The word “Kuleana” is Hawaiian for “Responsibility”. Kuleana encourages us to be accountable for all that we do and is the “ability to respond” to whatever is happening.
With this in mind, this capability is about creating a movement to establish cultures of accountability so that your organization understands the practice of cloud cost management is really about leveraging FinOps to accelerate the creation of business value.
WHERE ARE ORGANIZATIONS IN TERMS OF MATURITY
To establish a FinOps culture, respondents operating at FinOps Walk and Run maturity had leadership buy-in along with implementing multiple other initiatives, like FinOps clear governance policies and alignment with existing adjacent frameworksTake the State of FinOps 2024 Survey
Measures of success are represented in the context of cloud costs and may include one or more key performance indicators ( KPI ), describe objectives with key results ( OKR ), and declare thresholds defining outliers or acceptable variance from forecasted trends.
the information used that contributes to the measure(s) of success listed above; information here may include specific datasources, reports or any relevant input
Respondents indicated that providing transparency and reporting around cloud costs are the most popular topics but we still see 61.8% of respondents indicate they are still in the Crawl maturity phase.
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