FinOps

FinOps is a word that comes from Cloud Financial Management. It’s about the financial responsibility regarding the Cloud’s variable costs and its relationship with multidisciplinary teams. 

In a nutshell, FinOps enables discussions about pace, costs, and quality between several teams. Companies need to put some effort into understanding Cloud costs. Analyzing costs by Product, Application, Service or teams makes things clearer.

It might be important to Refactor or Replatform applications in order to optimize costs, so awareness of the problem and its business implications is a must.

Links

medium

Why Focus On FinOps Matters In Your Startup

Understanding a Startup as a System, some retrospective learning from 10 years with Pollenizer, one of Australia’s first Web-focused Incubators.

gartner

Report - 2020 Gartner Magic Quadrant for Cloud Core Financial Management Suites

Read the report to learn why choosing the right cloud partner for your core finance processes can help you better tackle today’s biggest challenges.

What Is FinOps? - Cloud FinOps [O'Reilly Book] - Chapter 1

FinOps is a direct response to the stimulus of cloud. It’s not something that one person or company came up with; it’s a movement that evolved spontaneously, around the world, due to...

The 10 AWS Cost Optimization Best Practices

Users of Amazon Web Services are likely familiar with some AWS cost optimization best practices, but probably not all of them. Consequently, we have compiled a list of the 10 best practices to...

Videos

See Also

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