FinOps Foundation

JANUARY 25, 2024

Key Insight Microsoft is expanding the cost and usage data available in the portal so that FinOps practitioners can gain insights that improve their practice. Summary Education : Microsoft wants to help organizations learn how to adopt FinOps.

FinOps 130

FinOps FinOps Computation Billing 130

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.

FinOps 130

FinOps FinOps Computation Billing 130

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.

Cloud FinOps 130

Cloud FinOps FinOps FinOps Computation 130

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.

Cloud FinOps 130

Cloud FinOps FinOps FinOps Computation 130

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.

FinOps 147

FinOps FinOps Billing Cloud FinOps 147

CloudZero

OCTOBER 20, 2023

Our FinOps account management team is dedicated to your success. Here’s exactly what you can expect.

FinOps 94

FinOps FinOps Accounting Accounting 94

FinOps Foundation

JANUARY 24, 2024

Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture.

FinOps 130

FinOps FinOps Accounting Accounting 130

FinOps Foundation

JANUARY 24, 2024

Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture.

FinOps 130

FinOps FinOps Accounting Accounting 130

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.

Computation 130

Computation FinOps FinOps Management Accounting 130

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.

FinOps 130

FinOps FinOps Computation Management Accounting 130

FinOps Foundation

JANUARY 24, 2024

Aside from a top-down focus and investment into FinOps, Athene also finds value in hosting a weekly ‘cloud demo’ where engineers share tips and tricks for building applications and addressing FinOps. Key Insight: Hosting weekly meetings for engineers to share tips and tricks can help establish a collaborative, cost-conscious culture.

FinOps 130

FinOps FinOps Accounting Accounting 130

FinOps Foundation

OCTOBER 16, 2024

Key Insight: FinOps is continuing to shift from managing cost as an operational afterthought to a key consideration in the product design process. FinOps teams can estimate, monitor, and optimize the unit cost of a product or service from inception to help drive cost-aware product decisions before architecture begins. Product Design.

FinOps 130

FinOps FinOps Budgeting Billing 130

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.

FinOps 130

FinOps FinOps Computation Billing 130

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.

FinOps 130

FinOps FinOps Computation Billing 130

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

FinOps 52

FinOps FinOps Accounting Accounting 52

Accounting Today

MARCH 5, 2024

Bill announced the addition of two new integrated features to its financial operations platform: Bill Insights and Bill Cash Flow Forecasting.

Billing 145

Billing FinOps FinOps Financial Operations 145

Azure FinOps

APRIL 28, 2022

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. IT provides purely technical explanations that confuse and annoy the business and no one seems to understand what to do beyond, reduce. Why does this happen?

FinOps 52

FinOps FinOps Cloud FinOps Billing 52

Azure FinOps

APRIL 28, 2022

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. IT provides purely technical explanations that confuse and annoy the business and no one seems to understand what to do beyond, reduce. Why does this happen?

FinOps 52

FinOps FinOps Cloud FinOps Billing 52

FinOps in Practice

AUGUST 9, 2023

The FinOps team within the company naturally wants to stay in the know of the cloud costs to reduce and optimize them. It’s like looking at your costs on a cash basis of accounting, which means that expenses are attributed to the dates when you paid to the service provider. Hence their blended costs will be the same: 38.5×20=$770.

FinOps 130

FinOps FinOps Accruals Billing 130

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.

FinOps 52

FinOps FinOps Cloud FinOps Computation 52

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.

FinOps 130

FinOps FinOps Billing Computation 130

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. An Automated Approach to Amortization Tracking with ProsperOps We’re on a mission to automate and simplify savings for cloud customers.

Computation 130

Computation FinOps FinOps Accruals 130

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. In the meantime, we hope you enjoy the FinOps Blog!

FinOps 52

FinOps FinOps Computation Financial Operations 52

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.

FinOps 130

FinOps FinOps Computation Accounting 130

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.

FinOps 52

FinOps FinOps Computation Budgeting 52

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.

FinOps 52

FinOps FinOps Computation Budgeting 52

finout

MAY 29, 2024

What Is FinOps? FinOps is a framework and organizational paradigm which aims to increase the business value of cloud investments. It provides the data needed for informed decision making and encourages financial accountability via collaboration between technical roles, finance, and business teams.

FinOps 52

FinOps FinOps Financial Accounting Accounting 52

FinOps in Practice

NOVEMBER 30, 2022

These two above considerations may or may not affect your AWS cloud cost management strategy in the long run, but in any case, you shouldn’t overlook them when adopting your FinOps approach. It may seem obvious, but choose your region when comparing prices – they vary based on location. on GitHub → [link] ??

FinOps 130

FinOps FinOps Computation Billing 130

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.

FinOps 130

FinOps FinOps Computation Budgeting 130

Economize

MAY 12, 2023

Embarking on a FinOps journey requires a strategic, phased approach. Discover how you can secure buy-in from stakeholders, establish a FinOps culture, prepare your organization for adoption, and continuously monitor and optimize your FinOps maturity.

FinOps 52

FinOps FinOps Accounting Accounting 52

CloudCheckr

SEPTEMBER 15, 2022

FinOps requires you to know exactly where to optimize your cloud costs, van der Maas says, so that you can sustain the “growth” of cloud transformation. Many organizations turn to industry best practices to guide their FinOps journey. How you bring FinOps into practice, that’s another thing.”

FinOps 52

FinOps FinOps Cloud FinOps Billing 52

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

FinOps 52

FinOps FinOps Accounting Accounting 52

FinOps in Practice

DECEMBER 7, 2023

You might be also interested in our article ‘Key MLOps processes (part 4): Serving and monitoring machine learning models’ → [link] ✔️ OptScale, a FinOps & MLOps open source platform, which helps companies optimize cloud costs and bring more cloud usage transparency, is fully available under Apache 2.0

FinOps 130

FinOps FinOps Budgeting Accounting 130

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.

FinOps 130

FinOps FinOps Computation Billing 130

Economize

MAY 12, 2023

Discover the transformative power of FinOps Open Cost & Usage Specification (FOCUS), a game-changer in the realm of cloud cost management that standardizes metrics across providers, enhancing data trust and promoting efficient decision-making

FinOps 52

FinOps FinOps Billing Accounting 52

FinOps in Practice

AUGUST 28, 2023

ML model training and validation After the previous stage, it makes sense to take into account the metrics of the trainable model when conducting experiments. on GitHub → [link] The post Key MLOps processes (part 1): Experimentation, or the process of conducting experiments first appeared on FinOps in Practice.

FinOps 130

FinOps FinOps Accounting Accounting 130

FinOps in Practice

OCTOBER 24, 2022

Pay special attention to your billing account, which, although it is part of your cloud, has its own separate roles and permissions, and you should grant access to it only to key stakeholders and those who are responsible for FinOps. Remember that there are three roles for billing accounts: viewers, users, and admins.

Billing 130

Billing FinOps FinOps Invoicing 130