FinOps Foundation

JANUARY 25, 2024

Key Insight Since clean, usable data underpins all of FinOps, Microsoft is expanding the cost and usage data available to you in the portal, and making more datasets available to you through cost management exports. Summary Education: Microsoft is investing in helping organizations learn how to adopt FinOps.

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ProsperOps

APRIL 25, 2023

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Start with the Right Metrics to Understand Cloud Resources and Rates FinOps cost optimization can be thought of as spanning two universes: financial and engineering.

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ProsperOps

APRIL 25, 2023

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Start with the Right Metrics to Understand Cloud Resources and Rates FinOps cost optimization can be thought of as spanning two universes: financial and engineering.

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FinOps Foundation

APRIL 25, 2024

Key Insight: In March, AWS delivered four updates that help FinOps Practitioners tackle their top two key priorities this year , namely reducing waste or unused resources and managing commitment discounts. At the beginning of every year, the FinOps Foundation delivers the results of their annual survey, the State of FinOps.

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FinOps Foundation

JUNE 20, 2024

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 cloud billing data normalization. Get trained on the Specification through the FinOps Certified FOCUS Analyst certification.

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FinOps Foundation

JANUARY 25, 2024

Summary Education : Microsoft wants to help organizations learn how to adopt FinOps. While tools help with implementing FinOps, the cultural shift can be more difficult, so Microsoft is focusing on teaching people about the collaboration that is required to be successful with FinOps.

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FinOps Foundation

JANUARY 25, 2024

Summary Education: Microsoft wants to help organizations learn how to adopt FinOps. While tools help with implementing FinOps, the cultural shift can be more difficult, so Microsoft is focusing on teaching people about the collaboration that is required to be successful with FinOps.

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ProsperOps

APRIL 26, 2023

This decouples the timing of when usage is paid for from when it’s consumed, which for customers using accrual vs. cash accounting (most large companies), results in a need to amortize the prepayment. If you prepay for a 12-month Compute Savings Plan, you simply straight-line amortize the cost over 12 months—done. Prosper On!

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FinOps in Practice

NOVEMBER 30, 2022

For instance, EC2 (Elastic Compute Cloud), a service that provides compute capacity in the cloud, has numerous instance families and types that have different costs. And let us remind you that compute is one of three fundamental drivers of costs with Amazon, along with storage and outbound data transfer. on GitHub → [link] ??

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FinOps in Practice

SEPTEMBER 20, 2022

Having access to rightsizing recommendations to consider can really help businesses leaders and FinOps teams to solve and improve their companies’ current processes and usage. Companies using these features can then see all of their underutilized instances across their various member accounts, but within one single view.

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finout

MAY 21, 2024

What Is FinOps? FinOps, or Financial Operations, is an operational framework for deriving maximal value from cloud computing, while providing the data necessary for strategic decision making, and encouraging financial accountability for the use of cloud resources.

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FinOps in Practice

SEPTEMBER 1, 2022

It is no coincidence that such an area as cloud cost management, and later FinOps, appeared, which are designed to identify excessive and redundant resources that spend the budget in vain. Hopefully, keeping them more top of mind will help you and your FinOps team avoid them come next month.

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Azure FinOps

APRIL 28, 2022

Today, it’s difficult to recall the resistance public cloud, as a method for providing key services such as computation and database, faced in an earlier stage. With this in-mind, let’s consider the difficulties I’m seeing in the field as organizations struggle (I think that’s the right word) to adopt FinOps principles to their cloud usage.

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Azure FinOps

APRIL 28, 2022

Today, it’s difficult to recall the resistance public cloud, as a method for providing key services such as computation and database, faced in an earlier stage. With this in-mind, let’s consider the difficulties I’m seeing in the field as organizations struggle (I think that’s the right word) to adopt FinOps principles to their cloud usage.

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FinOps FinOps Cloud FinOps Billing 52

Economize

APRIL 28, 2023

Understanding the significance of accountability in FinOps and continuously improving your organization's FinOps decision and accountability structure are vital for long-term success

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FinOps.ie

JANUARY 21, 2021

Welcome to the FinOps Blog. We’ll also be interviewing business owners and accountants that we’ve worked with so that you get an insight into what the FinOps process looks like and what problems it solves through real-life case studies. Which is why I founded FinOps.

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FinOps in Practice

NOVEMBER 10, 2022

FinOps teams use IAM to control who is authenticated, or able to log in, and authorized, those who have actual permission, to use the company’s resources. To step back a bit, when users login to their AWS accounts, there’s one sign-in identity that offers full access to all AWS services and resources within the account.

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Azure FinOps

FEBRUARY 15, 2022

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. It won’t shock you to learn there aren’t many companies like this.

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Azure FinOps

FEBRUARY 15, 2022

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. It won’t shock you to learn there aren’t many companies like this.

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FinOps in Practice

FEBRUARY 8, 2023

It is no coincidence that the field of cloud cost management and FinOps have emerged, which are designed to identify excessive and redundant resources that waste the budget. Many techniques can be used for cloud cost optimization, and the FinOps role is becoming increasingly essential.

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FinOps in Practice

FEBRUARY 25, 2023

With the advent of the digital age, cloud computing has quickly become an essential option for organizations of all sizes and shapes. Being a relentless leader in the IT field, Microsoft just couldn’t help but come up with a cloud computing platform of its own. on GitHub → [link] ??

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Economize

APRIL 10, 2023

"Effective FinOps strategies are critical to optimizing cloud costs for businesses of all sizes. Adopting a culture of accountability and transparency around cloud costs can lead to long-term cost savings and improved business outcomes

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AWS FinOps

NOVEMBER 22, 2022

AWS Cost Explorer Ideal for Business/Product Owners, FinOps Practitioners, Engineers, and Operations About AWS Cost Explorer AWS Cost Explorer is an out-of-the-box solution and the simplest way to analyze your costs in AWS. These forecasts are based on your past usage with a prediction interval of 80% (i.e.,

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The FinOps Alliance

APRIL 14, 2023

Taking sustainability into account as a non-functional requirement for region selection can drastically reduce your emissions. Programming languages Not all programming languages are written to be compute effective. Choosing the right language can reduce the usage of compute resources.

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CloudCheckr

JANUARY 26, 2023

One way to do so is to create a cross-functional group, like a Cloud Center of Excellence (CCoE) and/or FinOps organization, to manage and monitor your cloud investment and track your cloud KPIs, or key performance indicators. What Is FinOps? This is an area where a FinOps team, including members of finance, can offer their expertise.

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FinOps.ie

FEBRUARY 5, 2021

If you’re like most small business owners, you often find yourself or a member of your team sitting at a desk that’s piled high with receipts, invoices, and bank statements or stuck at a computer wading through multiple spreadsheets. What’s the actual final date for submission to the accountant?

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CloudCheckr

NOVEMBER 10, 2022

Increasingly, enterprises are beginning to emulate MSPs, as they need to generate reports for chargeback or showback purposes and as they embrace FinOps. We can also identify the key capabilities needed for native and external solutions when addressing the invoicing component of FinOps. The right toolset is critical.

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FinOps Foundation

DECEMBER 16, 2024

Key Insight: At re:Invent 2024, AWS announced numerous product enhancements that help FinOps Practitioners and their organizations optimize their cloud usage. The FinOps Foundation caught up with several AWS Product Managers at re:Invent and asked them what their teams have delivered and how these updates will impact Practitioners.

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FinOps Foundation

NOVEMBER 7, 2024

the fourth release of the FOCUS Specification, is now available for cloud vendors and FinOps Practitioners to adopt. The FinOps Open Cost and Usage Specification (FOCUS ) Version 1.1 in June 2024, FinOps Practitioners could get their own cloud billing data in the FOCUS format from four of the leading cloud service providers.

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