InveroDigital
🔄 Best Practices for Reviewing Resource Tagging Structures 🔄
How often should your organization review its tagging structures and approaches? Here's a recommended strategy:
1️⃣ Annual Taxonomy Review: Review your overall tagging taxonomy annually. Frequent changes can create chaos, requiring updates to historical tags and complicating your reporting.
2️⃣ Monthly or Quarterly Cleanups: At a minimum, conduct monthly or quarterly reviews to address any resources that don't have any tags by adding the appropriate tags. This ensures your cost reporting remains consistent and prevents untagged resources from becoming the largest line item on your spend reports, thereby making it harder to explain where your overall cloud spend is going.
By maintaining a consistent review process, you can ensure well-defined costs for your applications and avoid the dreaded "other" bucket of untagged resources. 📊
Stay on top of your tagging game and keep your cost reporting clear and precise! 💡Was this useful? More FinOps tips can be found in the video of the full episode: https://youtu.be/5ZFehoVjOYY 🌐
04/29/2025
Invero's founder, Craig Slack, was a guest speaker on a recent episode of the FinOps Fridays podcast talking about Operationalizing FinOps for Sustained ROI.
On the episode, Apptio's Hunter Willis gets Craig talking about the challenges that mid-market companies face when trying to tackle cloud costs. Companies in this segment do not have the luxury of large budgets to go and hire a team of FinOps practitioners, so what do they ultimately do, they buy a tool to help.
However, a tool only masks their cloud cost issues for a short while because they haven't invested in developing the FinOps processes required to maximize the value of the tool. FinOps is about People, Process and Tools/Technology, without investing in all three you will fall flat.
FinOps Fridays (EP 23) - Operationalizing FinOps for Sustained ROI The need for FinOps is clear and supported by an abundance of best practices and implementation recommendations. However, the real practitioner challenge is ...
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