Balancing Cloud Costs and Business Goals with FinOps
While FinOps can improve the economics of cloud, it demands greater communication across the organization, cross-functional collaboration, reinvented processes, and a cultural shift.For many organizations, cloud computing is the cornerstone of innovation—a technology that drives organizational agility and high-velocity decision making so that businesses can keep pace with changing consumer demands and market trends.
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“FinOps isn’t a once-a-year planning exercise in which engineers decide what to purchase next.” Rather, IT teams must “proactively design software and build systems with costs in mind and be able to tie these costs to business objectives,” says FinOps Foundation’s Storment.