FinOps | Essential IT language
IT was once a staff department that managed their affairs to a large extent independently with their own budget. Nowadays IT often touches the core of an organization while integration with various other functions within the company is still insufficient. The financial aspects of IT in particular are difficult to understand. Conversation with the technical colleague is often also made more difficult because he speaks a 'different language'. |
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A good and practical understanding of the technical terms is crucial because as a finance or IT professional you are responsible for IT investments, analyzing movements in costs and giving a sustainable judgment about the reliability of the IT systems. |
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Objective
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We will start with the following learning objectives:
- Gain insight in the most important concepts in the world and language of IT, including firewalls, disaster recovery and IT ecosystems such as cloud
- Get a grip on technical terms as a necessary building block to make meaningful financial analyses, better investment decisions and forecasts
- Gain knowledge to get better appreciation
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Contents
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In the three-part FinOps series you will learn the basics of IT ecosystems such as cloud, how to create the corresponding financial models and how to make sustainable judgments about IT investments. The training material is very accessible and set up in such a way that you can apply it immediately the next day. |
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We emphasize the importance of comprehensible and timely reporting, breaking down organizational silos and joint responsibility for IT expenditure. These are some important principles for modern IT Financial Management in general and Cloud Financial Management according to FinOps in particular. |
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Also check out the other parts of this FinOps series:
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This is for
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Finance and IT professionals who want to make an important contribution to an agile and sustainable digital strategy and who therefore want to know the impact of IT ecosystems and IT cost movements on the continuity of their organization. |
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Availability
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This FinOps series is available as a webinar for financials at NBA Training. |
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Search FinOps on the NBA Training website for the current course offerings. |
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Do you want to know how to get started? Please contact us. |