What's new in Cloud FinOps? WNiCF - Interview with TJ and Deana Solis - The social aspects of FinOps
14 snips
Jun 30, 2024 TJ Solis, an expert in FinOps, and Deana Solis, a seasoned professional, dive into the pivotal social dynamics within FinOps. They discuss how trust and communication enhance efficiency in financial operations. The duo emphasizes the need for finance professionals to grasp cloud technology's essence while fostering strong relationships. Anecdotes highlight how adaptable communication elevates analysts to leaders. They also address the balance of compliance and collaboration, along with the importance of personal well-being for success in the FinOps landscape.
AI Snips
Chapters
Transcript
Episode notes
Unit-Based Forecasting
- TJ Solis uses unit-based forecasting with five categories for better accuracy.
- These categories cover weighted average spend, organic and inorganic growth, planned and unplanned workloads.
Accurate Forecasting at Box
- TJ Solis's team achieved less than 1% variance in monthly forecasts at Box.
- They achieved this through constant revision and communication with leadership and tech leads.
Re-evaluate Estimates
- Continuously re-evaluate estimates and forecasts to improve accuracy.
- Architects should check if what was built aligns with the initial design, learn, and adapt.