article thumbnail

State of FinOps ’24: Top Priorities Shift to Reducing Waste and Managing Commitments

FinOps Foundation

Key Insight: With economic pressure increasing across the world in 2023, many organizations are leaning on their FinOps teams to help prioritize cloud optimizations. Sustainability teams have limited intersection with FinOps teams today, but that number is expected to increase substantially in the future.

FinOps 331
article thumbnail

Oracle Cloud Supports FOCUS to Level the Playing Field

FinOps Foundation

At FinOps X in San Diego in June 2024, J.R. Storment , Executive Director of the FinOps Foundation, sat down with Phil Newman , VP of Product Management at Oracle, to talk about FOCUS and to ask Phil what he thinks the Future of FinOps will look like. They will continue to add to this suite of tools.

FinOps 344
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FinOps X Europe 2024 – Day 1 Keynote

FinOps Foundation

Key Insight: The practice of FinOps continues to evolve around several key themes that all point to its deeper integration into existing processes, business frameworks, and technology environments. Check out the full recording of Day 1 Keynote here: Watch the full recording of Day 1 Keynote from FinOps X Europe in Barcelona in November 2024.

FinOps 130
article thumbnail

Microsoft Cloud Sees AI and Sustainability Central in the Future of FinOps

FinOps Foundation

Key Insight: Microsoft integrates GenAI into FinOps tooling to help all stakeholders get insights from cost and usage data. Microsoft has integrated CoPilot with Azure to bring GenAI to FinOps (i.e., AI for FinOps). FinOps for AI Cyril believes that This AI moment was made for FinOps. See Applying FinOps to GenAI.)

FinOps 130
article thumbnail

The Evolution of FinOps: Day 1 Keynote Themes from FinOps X 2024

FinOps Foundation

Key Insight: The FinOps X 2024 Day 1 Keynotes covered the Evolution of FinOps to include more technology spending beyond public cloud, FinOps for AI, cost-aware product decisions, carbon-aware FinOps. Stories from Disney and Uber spoke to the the constantly changing FinOps landscape, the FOCUS 1.0

FinOps 130
article thumbnail

FinOps Tool Vendors Adopt FOCUS

FinOps Foundation

Key Insight: In addition to all major cloud infrastructure providers, third-party FinOps tool vendors are adopting the FOCUS for their platforms. Thousands of Practitioners rely on these tools to perform FinOps in their organizations. Introduction With the launch of FOCUS 1.0

FinOps 130
article thumbnail

Key 2024 Changes to the FinOps Framework

FinOps Foundation

Key Insight: The FinOps Framework has been updated to reflect the present-day practice of FinOps and to better align activities with best practices that maximize the business value of cloud. The FinOps Framework is the operating model for FinOps that guides you as you develop your practice. Why is the Framework changing?

FinOps 130