FinOps, Cloud Cost Management, and Governance

Oracle Cloud Infrastructure (OCI) FinOps, cloud cost management, and governance services help customers track and budget cloud costs, optimize and reduce spending, and operate with greater efficiency through improved governance. These services empower leaders to advance their businesses through cost transparency, optimizations, and actionable recommendations.

Going to the FinOps X 2025 conference? Don’t miss Oracle’s sessions!

Oracle is a Premier Member of the FinOps Foundation

Oracle continues to support the field of cloud financial management by becoming a Premier Member of the FinOps Foundation. This nonprofit foundation is part of the Linux Foundation and promotes collaboration among professionals in the field.

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Optimize cloud investments with help from FinOps consultants

The Oracle Global Licensing Advisory Services (GLAS) team helps organizations optimize cloud investments and align cloud usage with financial goals by providing cost visibility, licensing guidance, and financial governance.

Learn more about GLAS
Oracle supports FOCUS to level the multicloud playing field

The FinOps Cost and Usage Specification (FOCUS) is an open source specification that provides consistent cost and usage data across different clouds to reduce complexity and support multicloud decision-making.

Watch the video (20:43)

Benefits of OCI’s FinOps, cost management, and governance services

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FinOps and cloud financial management services

FinOps

FinOps Hub

Get an overall view of the most common cost management features with FinOps Hub, the central location for cost management resources in the OCI Console.

  • Plan monthly budgets to monitor actual and forecasted usage.
  • Monitor subscription usage and historical usage trends.
  • Investigate the resource groups with the greatest impact on cost.
  • Optimize resource usage.

Inform

Subscriptions and Payments

Subscriptions lets you view your subscriptions to applications and services as well as related usage details such as billing schedules and rate card information. Invoices and Payment History allow you to view, pay, track, and monitor your invoices. With these tools, you can track the following:

  • Usage information
  • Billing schedule
  • Rate card
  • SaaS application usage
  • Payment and billing data

Cost Analysis and Reports

Cost Analysis can help you visualize and track your spending based on your preferred parameters. Cost reports give you a breakdown of your invoice line items at resource-level granularity. This allows you to make better-informed cloud spending decisions.

  • Cost reports are generated every six hours.
  • Daily usage reports are automatically generated.
  • Generate custom cost analysis reports and save them.
  • Estimate future usage based on past usage data.

Budgets and Forecasting

Budgets allow you to set thresholds for your spending on OCI. You'll get notifications if you approach a spending threshold.

  • Customize notifications and get alerts on your actual or forecasted spending.
  • Set your budgets using meaningful dimensions such as tags, compartments, and tenancies.

Cost Estimator

OCI Cost Estimator helps you estimate your monthly usage and costs for OCI services before you commit.

  • Easy-to-use evaluation
  • Bookmarking and sharing capabilities

Optimize and reduce costs

Cloud Advisor

Cloud Advisor enables you to identify underutilized resources, quickly rightsize your resources, and surface recommendations to improve high availability and security to help you use your cloud resources more efficiently.

  • View recommendations for cost optimization, performance, high availability, and security.
  • Easily implement recommendations to optimize cloud environments.
  • Report on Oracle Cloud Infrastructure Compute, Database, Storage, Load Balancer, and more.

Oracle Support Rewards

Accrue rewards based on your OCI usage and decrease your Oracle support cost with Oracle Support Rewards.

  • Track accrued rewards.
  • Dive deep into the usage that earned the rewards.
  • View the redemption codes associated with a subscription.

Operate

Tenancy Management

Organization Management enables you to build, scale, and govern your multitenancy environment. The tenancy explorer and Domain Management help you govern your footprint on OCI.

  • Create new or link existing tenancies to the organization for centralized management.
  • Share subscriptions across tenancies.
  • Manage service restrictions, allowable regions, and tags across the organization.
  • Centrally manage cost and governance as the parent tenancy.
  • Get a comprehensive view of your resources with the tenancy explorer.
  • Add your own domain names with Domain Management.

Manage Resource Metadata

Use tagging to add metadata to resources. Use tags to organize and list resources based on your business needs.

  • Create, manage, and attach tag namespaces, tag keys, and default tags.
  • Use tags to track costs and manage access.

Control User Access

Use Quotas in OCI to control and enforce a limit on resource consumption within your tenancy for a specific compartment. Create policies to enable access for cost management.

  • Stay in control of your budget by setting up service quotas.
  • Set a policy with simple declarative language that’s similar to the identity and access management policy language.
  • Allocate resources with a high level of flexibility to optimize your budget.
June 20, 2024

Launch of FinOps Hub: Simplified Cost Management Ex perience

James DeLoid, Principal Product Manager, OCI Layer Services

Oracle Cloud Infrastructure (OCI) has consolidated insights from the four cost management services—Subscriptions, Cost Analysis, Budgets, and Cloud Advisor—into one new overview page: FinOps Hub. Businesses can track cloud resource costs more closely than ever. FinOps Hub helps practitioners answer these questions: Are budgets on track? Do we have enough credits left so we don’t pay overages? What resource groups have the greatest impact on cost? Where can I optimize costs? How can I prevent unauthorized spending?

Read the complete post

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Aan de slag met OCI

Probeer meer dan 20 'Altijd gratis'-cloudservices uit, met een proefversie van 30 dagen voor nog meer

Oracle biedt een Free Tier zonder tijdslimiet voor meer dan 20 services zoals Autonomous Database, Arm Compute en Storage, evenals USD 300 aan gratis tegoed om extra cloudservices uit te proberen. Lees de informatie en meld u vandaag nog aan voor uw gratis account.

  • Wat is inbegrepen in Oracle Cloud Free Tier?

    • 2 Autonomous Databases van elk 20 GB
    • Compute VM's van AMD en Arm
    • 200 GB totale blokopslag
    • 10 GB objectopslag
    • 10 TB uitgaande dataoverdracht per maand
    • Meer dan 10 extra 'Altijd gratis'-services
    • $ 300 aan gratis tegoed voor 30 dagen voor nog meer

Leer met stapsgewijze begeleiding

Ervaar een breed scala aan OCI-services via zelfstudies en praktijklabs. Of u nu een ontwikkelaar, beheerder of analist bent, wij kunnen u laten zien hoe OCI werkt. Veel labs draaien op de Oracle Cloud Free Tier of een door Oracle geleverde gratis labomgeving.

  • Aan de slag met OCI Core Services

    De labs in deze workshop bevatten een inleiding tot de kernservices van Oracle Cloud Infrastructure (OCI), waaronder virtuele cloudnetwerken (VCN) en compute- en opslagservices.

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  • Snel aan de slag met Autonomous Database

    In deze workshop doorloopt u de stappen om aan de slag te gaan met Oracle Autonomous Database.

    Start nu het lab Snel aan de slag met Autonomous Database

  • Een app bouwen vanuit een spreadsheet

    Dit lab begeleidt u bij het uploaden van een spreadsheet naar een Oracle Database tabel en het maken van een applicatie op basis van deze nieuwe tabel.

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  • Een HA-applicatie implementeren op OCI

    In dit lab implementeert u webservers op twee compute-instances in Oracle Cloud Infrastructure (OCI), geconfigureerd in de modus voor hoge beschikbaarheid met behulp van een lastverdeler.

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Ontdek meer dan 150 best practices

Bekijk hoe onze architecten en andere klanten een breed scala aan workloads implementeren, van bedrijfsapps tot HPC, van microservices tot data lakes. Begrijp de best practices, hoor over andere architecten van klanten in onze reeks 'Built & Deployed' en implementeer veel workloads met onze 'click-to-deploy'-functie, of doe dit zelf vanuit onze GitHub-repository.

Populaire architecturen

  • Apache Tomcat met MySQL Database Service
  • Oracle Weblogic op Kubernetes met Jenkins
  • Machine learning (ML)- en AI-omgevingen
  • Tomcat op Arm met Oracle Autonomous Database
  • Loganalyse met ELK-stack
  • HPC met OpenFOAM

Verken onze informatieve evenementenreeks met de meest recente aankondigingen, gesprekken met klanten, productspecifieke inzichten, technische sessies en praktijktrainingen.

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