FSICOST01: Is your cloud team educated on relevant technical and commercial optimization mechanisms?
Due to the size of many financial services enterprise customers, the benefits of aligning your IT organization with a Cloud Financial Management approach helps you save on the costs of both infrastructure and operations. To enable this capability, invest in knowledge building programs, resources, and processes to help become a more cost-efficient organization.
FSICOST01-BP01 Evangelize cloud education among all (including non-technical) staff and stakeholders
A company-sponsored cloud training program exists, and is required for all cloud stakeholders regardless of their seniority or affiliated organization.
A company-sponsored cloud training program exists, and is required for all cloud stakeholders regardless of their seniority or affiliated organization. For organizations implementing generative AI workloads, this training should include:
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On-demand courses for teams to learn about cost optimization for both traditional cloud services and generative AI workloads. This includes model selection strategies, token optimization, vector store management, and efficient prompt engineering practices.
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In-person and virtual training from instructors who teach your team in a hands-on learning environment about cost-effective implementation of generative AI solutions. For new employees, this should be part of their onboarding training, and should be mandatory training on a yearly basis for all existing employees and contractors.
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Technical skills and cloud expertise, including generative AI implementation, to grow your career and business. Encourage specialization in AI/ML cost optimization paths where available.
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Prompt engineering for cost, response size control, retrieval scope limiting, embeddings batch sizing, and model A/B testing for price‑performance.