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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 CloudFinOps was published later that year. And like the cloud, FinOps does not stand still.
During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and the best way to prioritize them for maximum “bang for your buck.”
During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and the best way to prioritize them for maximum “bang for your buck.”
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 CloudFinOps was published later that year. And like the cloud, FinOps does not stand still.
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 CloudFinOps was published later that year. And like the cloud, FinOps does not stand still.
The same is true for cloud finances, says Benjamin van der Maas, Cloud Financial Management Practice Lead for Cloudar, a managed service provider (MSP). 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.
Whether you’ve recently adopted a cloud platform for your organization or your cloud operations are well established, there are many ways to assess the overall effectiveness of your IT infrastructure. What Is a Cloud Center of Excellence? What Is FinOps? And what are your financial expectations?
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