Vantage Launches Support for FOCUS 1.3 Imports and Exports

Vantage has introduced support for the FinOps Open Cost and Usage Specification (FOCUS) version 1.3, enabling customers to standardize and manage their cloud cost data more efficiently. This update allows users to import cost data using Vantage Custom Providers and export Commitment Reports in the FOCUS 1.3 format, facilitating the normalization of billing data across multiple cloud providers and financial systems. The FOCUS 1.3 specification expands on previous versions by offering additional dimensions and improved modeling of financial constructs, such as contract commitments, which helps organizations accurately track both incurred and contractual costs. By embracing this open standard, Vantage assists FinOps practitioners in reducing the complexity associated with proprietary billing formats and enhances the capability to analyze and optimize cloud spending within the platform. The integration of these features is offered at no additional cost, although users may need to consider tier limits when uploading custom costs.

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