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Key 2024 Changes to the Definition of Cloud FinOps

FinOps Foundation

The Cloud FinOps 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 Cloud FinOps community.

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Key 2024 Changes to the Definition of Cloud FinOps

FinOps Foundation

Key Insight: The FinOps Foundation’s Technical Advisory Council has approved an updated definition of FinOps. Over the next few months, other changes to the FinOps Framework will follow. The first edition of Cloud FinOps was published later that year. And like the cloud, FinOps does not stand still.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Before we break down the top three methods to reduce cloud costs in the recommended order of implementation, here’s a quick guide for measuring success. This information is a prerequisite for accountability.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Before we break down the top three methods to reduce cloud costs in the recommended order of implementation, here’s a quick guide for measuring success. This information is a prerequisite for accountability.

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Redefining FinOps and Building a Stronger Framework

FinOps Foundation

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. And like the cloud, FinOps does not stand still.

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Redefining FinOps and Building a Stronger Framework

FinOps Foundation

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. And like the cloud, FinOps does not stand still.

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The Scope of FinOps Extends Beyond Public Cloud

FinOps Foundation

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 Cloud FinOps (pg.

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