Ternary enhancements: FinOps roundup May 2025

Welcome to the May 2025 edition of our monthly blog series, where we spotlight a selection of Ternary’s latest FinOps innovations. In April, we showcased enhancements to forecasting, anomaly detection, and overall usability. Our FinOps roundup for May 2025 details our recent innovations that bring us one step closer to achieving our vision of becoming the leading open data platform for technology spend management. Keep reading to learn more. 

Purpose-built for FinOps, Ternary empowers organizations to establish cloud cost transparency, improve cost and usage efficiency, and foster communication between teams. Read on to see how our latest enhancements enable customers to maximize the value of their Cloud+ investments and help partners scale their FinOps services.

Enabling a bring-your-own-data model powered by FOCUS^TM

Ternary has contributed to the FinOps Open Cost and Usage Specification (FOCUS^TM) since April 2023, taking an active role in shaping the specification. The company began adopting FOCUS for the leading cloud providers starting with the initial FOCUS release, in November 2023.

Billing migration to FOCUS schema

Today, Ternary supports FOCUS as the primary data classification model across its platform, delivering more detailed, accurate, and queryable billing data than ever before.

The platform provides enhanced flexibility, as customers can choose to ingest native FOCUS exports or continue using their original cloud provider billing files (e.g., AWS Cost and Usage Report), which will be automatically mapped to the FOCUS format. The latter approach grants access to all baseline FOCUS fields alongside unique provider-specific columns, yielding more precise insights into how each service impacts costs.

Bill ingestion for FOCUS-formatted files

Ternary can now ingest any FOCUS-formatted files stored in Amazon S3 or Google Cloud Storage for SaaS services. This capability accelerates data integration, enabling teams to extract insights more quickly.

Key benefits:

Learn more about FOCUS integration in our documentation article.

FOCUS-powered reporting unlocks seamless multi-cloud analysis, allowing users to run accurate queries across multiple providers, with data that is complete and consistently categorized. To help users design reports for their business needs, Ternary includes built-in column descriptions. By embracing FOCUS, alongside faster data ingestion and a flexible architecture, Ternary empowers FinOps teams to reduce manual effort, enhance reporting accuracy, and gain greater control over spending.

FOCUS is a breakthrough in cost transparency, creating a common language across major cloud platforms. At Ternary, we’ve helped shape the standard so that it reflects real-world multi-cloud needs. By using FOCUS with Ternary, companies get clearer insight into Cloud+ spending, no matter how many providers they use.

Joshua Kwan, CTO and co-founder, Ternary

Faster, more flexible cost attribution with custom labels

The next generation of Ternary Custom Labels makes it faster and easier for teams to organize and attribute cloud costs, even in the most complex environments. Users can now create entirely new dimensions from any existing label—including other custom labels—offering the flexibility to model cost structures that mirror how their business actually operates.

Key features:

Legacy cost management tools often take up to 24 hours to reflect changes. For enterprises using Ternary, new labels are ready in under an hour (and, for smaller organizations, often within minutes). Updated labels automatically propagate across dashboards and reports, streamlining workflows and enabling quicker, more confident decision-making. Every action available through the API is fully supported in the user interface, making the experience both powerful and accessible for technical and nontechnical users alike.

New multi-currency support: General availability

Managing cloud costs across multiple regions can be complicated, especially when bills arrive in different currencies. To help solve this challenge, Ternary is excited to announce that multi-currency support is now generally available.

Finance, Engineering, and FinOps teams, alongside managed service providers (MSPs), can now select from over 200 supported currencies.

Ternary’s multi-currency support allows you to:

This update eliminates the need for manual conversions or offline calculations, streamlining cloud cost visibility for distributed teams.

Start viewing your cloud costs in the currency that works best for your business. Ternary’s multi-currency support brings clarity and consistency to your global FinOps strategy. Learn more about Ternary multi-currency support in our documentation article. 

Ternary’s multi-currency support feature has been a game-changer—our customers can now view their cloud spend in their local currency effortlessly. It’s a simple yet powerful enhancement that makes cloud cost management more intuitive, transparent, and accessible for teams across the globe.

Paul Venter, Professional Services Executive, iOCO

A commitment to FinOps innovation

These latest product updates are part of a broader vision of Ternary as an open data platform for technology spend management, enabling a future where variable technology spend, organizational metadata, and usage metrics are fully integrated. Ternary’s expert FinOps team is developing a new ingestion framework that supports this vision. With a flexible pipeline, designed to bring in cost data from any source, organizations can uncover the most relevant cost and usage signals for their business, and take action based on those insights.

Ternary CEO and FinOps Foundation Governing Board member Sasha Kipervarg described the company’s vision this way:

At Ternary, we are committed to meeting the evolving needs of FinOps practitioners, especially as interest grows in applying FinOps Principles to Cloud+ environments. By delivering accurate, timely, and actionable cost data, we will empower organizations to make informed decisions, improve accountability, and gain control over spending.

Sasha Kipervarg, CEO and co-founder, Ternary