MUMBAI, India, Aug. 24 -- Intellectual Property India has published a patent application (202641098909 A) filed by Dileep Kumar Somajohassula on August 15, 2026, for Financial Cloud Cost Optimization Using A Finops Framework For Modern Financial Institutions.
Inventor includes Dileep Kumar Somajohassula.
The application for the patent was published on August 21, 2026, under issue no. 34/2026.
Abstract: The present invention relates to a financial cloud cost optimization system and method implementing a FinOps framework for modern financial institutions. The system acquires cloud billing, resource consumption, utilization, workload, application, ownership, and operational data from one or more cloud environments and normalizes the data into a unified financial model. A cost allocation engine attributes expenditure to business units, applications, projects, customers, environments, and workloads. Analytics and predictive engines identify optimization opportunities, forecast expenditure, and detect anomalies. A policy and governance engine evaluates optimization actions against financial, performance, security, regulatory, availability, and service-level constraints. An optimization orchestration engine executes authorized actions, while a feedback engine measures realized savings and operational outcomes and recalibrates optimization parameters. The system thereby provides continuous, policy-aware, predictive, and closed-loop cloud financial management for financial institutions.
Disclaimer: Curated by HT Syndication.
