Mastering cloud costs: The power of metadata, tagging and cost allocation

Effectively managing your cloud costs starts with understanding the purpose of each expense. Tagging, metadata and cost allocation are essential for achieving this understanding, as well as the clarity and control necessary for successful cloud financial management.

In our webinar, "Mastering Cloud Costs: The Power of Metadata Tagging and Cost Allocation”, we have the details that IT, finance, and FinOps professionals need to leverage these tools for improved accountability, transparency and financial accuracy in the cloud.

FinOps experts Parker Nancollas (SoftwareOne) and Brian Adler (Flexera) discuss how tagging, metadata and cost allocation support critical FinOps objectives such as accurate forecasting, unit economics and accountability. Parker will cover strategies for effective metadata tagging and cost allocation, while Brian will highlight best practices in applying these principles to create seamless cost transparency across cloud environments.

Key topics covered:

1. Tagging, metadata, and cost allocation: Understanding the distinct roles and interdependencies of tagging, metadata and cost allocation for accurate cost tracking
2. Cloud cost confidence: How tagging and metadata enable data transparency and support confidence in financial reporting
3. Forecasting and unit economics: Strategies to leverage cost allocation for improved forecasting, granular cost control and robust unit economics
4. Driving accountability: Techniques for embedding tagging and cost allocation into FinOps culture to foster accountability across teams
5. Real-world applications: Practical examples and case studies showcasing successful cloud cost management through effective tagging and allocation practices

Whether you’re new to FinOps or want to refine existing cost management practices, this session offers actionable insights into achieving confidence and clarity in cloud financial management via tagging, metadata, and cost allocation.

Speakers

• Parker Nancollas, FinOps Certified Professional, SoftwareOne
• Brian Adler, Sr. Director, Cloud Market Strategy, Flexera