This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The CloudFinOps community has grown exponentially since the launch of the FinOps Foundation in 2019. Tens of thousands of people now manage the value of cloud for their organizations, and participate with fellow practitioners, supporting members, and cloud providers who make up the CloudFinOps community.
In this way, stakeholders have visibility into cloud costs, so that they can trend decisions over time. This information is a prerequisite for accountability. Discount Instruments Compute (EC2, Lambda, Fargate) comprise more than 60% of most organizations’ cloudbills.
In this way, stakeholders have visibility into cloud costs, so that they can trend decisions over time. This information is a prerequisite for accountability. Discount Instruments Compute (EC2, Lambda, Fargate) comprise more than 60% of most organizations’ cloudbills.
Key Insight: FOCUS is the unifying format for cloudbills. FOCUS is being adopted by end user FinOps Practitioners, leading cloud Infrastructure-as-a-Service (IaaS) providers, and FinOps tool vendors, who all benefit from removing complexity associated with cloudbilling data normalization.
The FinOps Alliance delivers original FinOps content and expertise “to collaborate with our audience and grow a library of functional and useful FinOps approaches that are a reflection of the current state of CloudFinOps practices.” Customers want to know about their cloud costs, van der Maas says.
AG has a significant investment in cloud – Azure, AWS and GCP and a correspondingly large series of cloudbills. Finance is perplexed; what is generating tens of millions worth of cloud spend? Why is this spending increasing? Frederic tried his best, but the work of the team cannot be done by one person.
AG has a significant investment in cloud – Azure, AWS and GCP and a correspondingly large series of cloudbills. Finance is perplexed; what is generating tens of millions worth of cloud spend? Why is this spending increasing? Frederic tried his best, but the work of the team cannot be done by one person.
In other words, you need to account for the interest you’d have earned if you held onto that capital or the interest and fees you paid to take out a loan. Cloud Operational Costs Lower operational expenses will be one of your primary adoption objectives. Monthly cloudbills: Are costs in line with forecasts?
Key Insight: To effectively manage the variable nature and distributed procurement model of cloud, FinOps Practitioners have built capabilities to maximize the value of their organization’s technology investments. We first explored this anticipated shift in the second edition of CloudFinOps (pg.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content