diff --git a/ansible/group_vars/all.yml b/ansible/group_vars/all.yml
index 9ae3db5665..9b5922f3e6 100644
--- a/ansible/group_vars/all.yml
+++ b/ansible/group_vars/all.yml
@@ -573,7 +573,7 @@ enable_horizon_vitrage: "{{ enable_vitrage | bool }}"
 enable_horizon_watcher: "{{ enable_watcher | bool }}"
 enable_horizon_zun: "{{ enable_zun | bool }}"
 enable_hyperv: "no"
-enable_influxdb: "{{ enable_monasca | bool }}"
+enable_influxdb: "{{ enable_monasca | bool or (cloudkitty_storage_backend is defined and cloudkitty_storage_backend == 'influxdb') }}"
 enable_ironic: "no"
 enable_ironic_ipxe: "no"
 enable_ironic_neutron_agent: "{{ enable_neutron | bool and enable_ironic | bool }}"
@@ -1034,3 +1034,8 @@ prometheus_elasticsearch_exporter_interval: "60s"
 # Vitrage
 ############
 enable_vitrage_prometheus_datasource: "{{ enable_prometheus | bool }}"
+
+####################
+# InfluxDB options
+####################
+influxdb_address: "{{ kolla_internal_fqdn }}"
diff --git a/ansible/roles/cloudkitty/defaults/main.yml b/ansible/roles/cloudkitty/defaults/main.yml
index 6e1bad1ac1..342c7c4360 100644
--- a/ansible/roles/cloudkitty/defaults/main.yml
+++ b/ansible/roles/cloudkitty/defaults/main.yml
@@ -96,3 +96,29 @@ cloudkitty_dev_repos_pull: "{{ kolla_dev_repos_pull }}"
 cloudkitty_dev_mode: "{{ kolla_dev_mode }}"
 cloudkitty_source_version: "{{ kolla_source_version }}"
 cloudkitty_custom_metrics_yaml_file: "metrics.yml"
+
+####################
+# Storage backend
+####################
+# Valid options are 'sqlalchemy' or 'influxdb'. The default value in
+# Kolla-ansible is 'sqlalchemy' (for backwards compatibility).
+# When cloudkitty_storage_backend is define with "influxdb" as its value,
+# we also trigger the deployment of Influxdb via Kolla-ansible.
+# Also, when using 'influxdb' as the backend, we trigger the configuration/use
+# of Cloudkitty storage backend version 2.
+cloudkitty_storage_backend: "sqlalchemy"
+
+# InfluxDB retention policy to use (defaults to autogen).
+# cloudkitty_influxdb_retention_policy: "autogen"
+
+# Set to true to use SSL for InfluxDB connections.
+# cloudkitty_influxdb_use_ssl: false
+
+# Path of the CA certificate to trust for HTTPS connections.
+# cloudkitty_influxdb_cafile: "/full/qualified/path/to/CAs/certificates"
+
+# Set to true to authorize insecure HTTPS connections to InfluxDB.
+# This means, HTTPS connections without validating the certificate used by InfluxDB
+# cloudkitty_influxdb_insecure_connections: false
+
+cloudkitty_influxdb_name: "cloudkitty"
diff --git a/ansible/roles/cloudkitty/tasks/bootstrap.yml b/ansible/roles/cloudkitty/tasks/bootstrap.yml
index 1da6991465..154ff75ca7 100644
--- a/ansible/roles/cloudkitty/tasks/bootstrap.yml
+++ b/ansible/roles/cloudkitty/tasks/bootstrap.yml
@@ -34,5 +34,15 @@
   when:
     - not use_preconfigured_databases | bool
 
+- name: Creating Cloudkitty influxdb database
+  become: true
+  kolla_toolbox:
+    module_name: influxdb_database
+    module_args:
+      hostname: "{{ influxdb_address }}"
+      port: "{{ influxdb_http_port }}"
+      database_name: "{{ cloudkitty_influxdb_name }}"
+  when: cloudkitty_storage_backend == 'influxdb'
+
 - include_tasks: bootstrap_service.yml
   when: database.changed or use_preconfigured_databases | bool
diff --git a/ansible/roles/cloudkitty/templates/cloudkitty.conf.j2 b/ansible/roles/cloudkitty/templates/cloudkitty.conf.j2
index e4e38307a1..b397a4a33e 100644
--- a/ansible/roles/cloudkitty/templates/cloudkitty.conf.j2
+++ b/ansible/roles/cloudkitty/templates/cloudkitty.conf.j2
@@ -62,3 +62,35 @@ port = {{ cloudkitty_api_port }}
 coordination_url = mysql://{{ cloudkitty_database_user }}:{{ cloudkitty_database_password }}@{{ cloudkitty_database_address }}/{{ cloudkitty_database_name }}
 max_workers = {{ openstack_service_workers }}
 
+[storage]
+backend = {{ cloudkitty_storage_backend }}
+{% if cloudkitty_storage_backend == 'influxdb' %}
+version = 2
+{% endif %}
+{% if cloudkitty_storage_backend == 'sqlalchemy' %}
+version = 1
+{% endif %}
+
+{% if cloudkitty_storage_backend == 'influxdb' %}
+[storage_influx]
+database = {{ cloudkitty_influxdb_name }}
+host = {{ influxdb_address }}
+port = {{ influxdb_http_port }}
+
+{% if cloudkitty_influxdb_retention_policy is defined %}
+retention_policy = {{ cloudkitty_influxdb_retention_policy }}
+{% endif %}
+
+{% if cloudkitty_influxdb_use_ssl is defined %}
+use_ssl = {{ cloudkitty_influxdb_use_ssl }}
+{% endif %}
+
+{% if cloudkitty_influxdb_insecure_connections is defined %}
+insecure = {{ cloudkitty_influxdb_insecure_connections }}
+{% endif %}
+
+{% if cloudkitty_influxdb_cafile is defined %}
+cafile = {{ cloudkitty_influxdb_cafile }}
+{% endif %}
+
+{% endif %}
diff --git a/ansible/roles/monasca/defaults/main.yml b/ansible/roles/monasca/defaults/main.yml
index 1f10f2a89f..7648b3bdfd 100644
--- a/ansible/roles/monasca/defaults/main.yml
+++ b/ansible/roles/monasca/defaults/main.yml
@@ -171,7 +171,7 @@ monasca_database_address: "{{ database_address }}"
 monasca_database_port: "{{ database_port }}"
 
 monasca_influxdb_name: "monasca"
-monasca_influxdb_address: "{{ kolla_internal_fqdn }}"
+monasca_influxdb_address: "{{ influxdb_address }}"
 monasca_influxdb_http_port: "{{ influxdb_http_port }}"
 monasca_influxdb_retention_policy:
   name: 'monasca_metrics'
diff --git a/releasenotes/notes/cloudKitty-v2-influxdb-07cb8b0051ac9ea0.yaml b/releasenotes/notes/cloudKitty-v2-influxdb-07cb8b0051ac9ea0.yaml
new file mode 100644
index 0000000000..92f694f703
--- /dev/null
+++ b/releasenotes/notes/cloudKitty-v2-influxdb-07cb8b0051ac9ea0.yaml
@@ -0,0 +1,4 @@
+---
+features:
+  - |
+    Add support to Kolla-Ansible for Cloudkitty InfluxDB storage system deployment.