Managing commitment-based discounts is a critical capability within the FinOps framework, but many users struggle to visualize how their consumption compares to established FinOps metrics. We have introduced the FinOps Maturity Widget for Kyndryl Bridge and CAM user-defined dashboards to address this issue.

This widget provides a clear and concise view of current consumption levels, visually representing on-demand, reserved instances, and savings plan consumption across multiple cloud platforms, including AWS and Azure.

Users can better understand their performance and maturity in managing commitment-based discounts by comparing these consumption levels with FinOps' Managing Consumption-Based Discounts capability. This enables them to identify areas for improvement and make informed decisions about resource allocation and cost management.

Key benefits

On your tenant landing page, you have direct access to the Console page, a dashboard with access to all available widgets. To learn more about navigating the different services from each tenant, refer to Kyndryl ModernOps landing page or Kyndryl Bridge Landing page navigation.

Adding Widgets

Open the widget management menu:
Click the gear icon.
Drag and drop widgets:
From the menu onto the dashboard, in this case, "Manage commitment-based discounts."
Arrange widgets:
Create a personalized layout that suits your workflow.

The Manage commitment-based discounts.is designed to be integrated into Kyndryl Bridge and CAM user-defined dashboards. It displays a stacked bar chart that shows the current percentage consumption of on-demand, reserved instances, and savings plans. This chart is aggregated across AWS and Azure, providing a comprehensive view of cloud consumption.

For example, the widget displays data for each month, broken down into three categories:

It also includes benchmarks for FinOps (30%) and industry performance (30%), allowing users to assess their consumption patterns against these benchmarks quickly. The Y-axis represents the percentage of consumption, while the X-axis represents the months. The widget also has an interactive element, where hovering over a bar displays detailed information for that month, such as the exact percentages for savings plan, reserved instances, and on-demand consumption.

The FinOps Maturity Widget is a powerful tool that enhances the visibility and management of commitment-based discounts. By clearly comparing consumption levels with FinOps capabilities, users can make informed decisions and drive better financial and operational outcomes. With this widget, Kyndryl customers are better equipped to manage their cloud resources efficiently and effectively.