Bring financial accountability to the variable spend model of the cloud. Distributed IT, finance and business teams are enabled to tune cloud deployments for speed, cost or quality.
The FinOps Foundation facilitates a community with access to the most transformational networking and sharing of FinOps best practices.Read more on FinOps.org
The FinOps journey consists of three iterative phases — Inform, Optimize, Operate.
Inform delivers visibility for allocation and for creating shared accountability by showing teams what they’re spending and why.
Optimize empowers teams to take the right optimization actions based on goals, like rightsizing or improving reserved instance coverage.
Operate refines those shared IT, finance and business goals to focus and scale operational efforts through continuous improvement.
“FinOps is a combination of systems, best practices and culture that empowers our cross-functional teams to maintain financial accountability against the variable spend model of cloud.”Hansjoerg Kaempf, Director, Cloud Governance and Cost Optimization