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 24, 2024

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.

FinOps 130

FinOps FinOps Cloud FinOps Computation 130

FinOps Foundation

JANUARY 24, 2024

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.

FinOps 130

FinOps FinOps Cloud FinOps Computation 130

FinOps Foundation

JANUARY 24, 2024

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.

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 3, 2024

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Data suggest that sustainability and FinOps practitioners are up to the task.

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

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

FinOps Foundation

JUNE 3, 2024

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Data suggest that sustainability and FinOps practitioners are up to the task.

FinOps 130

FinOps FinOps Computation Billing 130

CloudZero

JANUARY 9, 2023

FinOps, or the practice of managing a company’s cloud computing costs, and DevOps, the process of efficiently building applications in the cloud, should ideally go hand-in-hand.

FinOps 105

FinOps FinOps Computation 105

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

JULY 3, 2024

Key Insight: At FinOps X in San Diego last week, the three largest cloud service providers took the stage to announce feature launches and improvements to their FinOps offerings. Mike Fuller , CTO of the FinOps Foundation, and J.R. Oracle Cloud also launched FOCUS support just before the conference.

FinOps 100

FinOps FinOps Billing Computation 100

CloudZero

DECEMBER 6, 2021

FinOps is one of the latest buzzwords in cloud computing. According to the FinOps Foundation : It’s a merger of two important departments — finance and operations — and describes “cloud financial operations,” (also called cloud financial management or cloud cost management).

FinOps 98

FinOps FinOps Computation Financial Operations 98

FinOps Foundation

JUNE 3, 2024

Key Insight: Carbon optimization is a growing concern for organizations, and Environmental, Social, and Governance (ESG) teams can leverage the culture of collaboration and waste reduction that FinOps teams have cultivated. Data suggest that sustainability and FinOps practitioners are up to the task.

FinOps 100

FinOps FinOps Computation Billing 100

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

finout

APRIL 9, 2025

Elastic Compute Cloud (EC2) EC2 instances typically account for a significant portion of an organization's AWS expenses. Continuous Improvement: FinOps encourages the constant evolution of cost management practices to meet changing business needs. Here are some common AWS resources where organizations frequently overspend: 1.

FinOps 52

FinOps FinOps Budgeting Computation 52

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

ProsperOps

JANUARY 31, 2023

methods enable organizations to derive the maximum value from cloud computing while spending less time managing and optimizing cloud costs. FinOps Basics: What is Cloud Cost Optimization? Today, engineers are far more in control of their own destiny, and they often have their own budget for cloud computing expenses. With CCO 2.0,

FinOps 130

FinOps FinOps Computation Billing 130

FinOps in Practice

SEPTEMBER 7, 2022

A newly released report , “Cloud Computing Market Research Report by Workload, Service Model, Infrastructure, Solution, Organization Size, Industry, Deployment model, Region” conducted a global forecast through to 2027, keeping the impact of COVID-19 in mind. Etsy has seen a savings of more than 50 percent in compute energy with GCP.

FinOps 130

FinOps FinOps Computation Billing 130

ProsperOps

FEBRUARY 17, 2023

Erik Carlin, co-founder and CPO at ProsperOps, recently joined the FinOps Guys podcast to share his take on FinOps metrics including Effective Savings Rate (ESR). So the focus of ProsperOps is really to take software and use it to deliver better FinOps outcomes.”

FinOps 130

FinOps FinOps Cloud FinOps Computation 130

AWS FinOps

JUNE 21, 2024

Excitement filled the air, as James Greenfield, VP of AWS Commerce Platform, took the stage at 2024 FinOps X in San Diego. This is our first time attending the conference as a member of the FinOps Foundation. Let’s take a moment to recap the product announcements made at FinOps X and how they can help accomplish your FinOps goals.

FinOps 69

FinOps FinOps Billing Computation 69

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] ??

FinOps 130

FinOps FinOps Computation Billing 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. Then move to more complicated rightsizing activities that require engineering input.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. Then move to more complicated rightsizing activities that require engineering input.

FinOps 130

FinOps FinOps Computation 130

ProsperOps

FEBRUARY 3, 2023

CASE STUDY Global Media Company Discover how ProsperOps helped a global media company's FinOps team increase their Effective Savings Rate by over 50% within six months of adoption. Hourly infrastructure volatility, manual optimization and a process hinging on verification between the broker and engineering created inefficiency.

FinOps 130

FinOps FinOps Computation 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 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. A Compute Engine tracks the CPU and memory usage of running VMs. The Compute Engine then splurts out specific recommendations according to that data.

FinOps 130

FinOps FinOps Computation Billing 130

Economize

OCTOBER 30, 2023

CFOs, CTOs, and cloud experts often mix up Financial Operations (FinOps) and Cloud FinOps, among other terms. In the current landscape of cloud services, similar terminology still baffles professionals, and is used interchangeably. This confusion hinders clear communication, and consequently, cost management efforts.

Cloud FinOps 59

Cloud FinOps FinOps FinOps Financial Operations 59

ProsperOps

APRIL 26, 2023

If you prepay for a 12-month Compute Savings Plan, you simply straight-line amortize the cost over 12 months—done. This includes streamlining complex cloud financial management (FinOps) processes, which is why I am excited to announce our latest feature, Dynamic Prepay Amortization Tracking.

Computation 130

Computation FinOps FinOps Accruals 130

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.

FinOps 52

FinOps FinOps Cloud FinOps Billing 52

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.

FinOps 52

FinOps FinOps Cloud FinOps Billing 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