Posts from FinOps

The Need for Cloud FinOps In the modern cloud-driven business landscape, companies increasingly rely on various cloud setups, including multi-cloud environments, legacy systems, hybrid clouds, and different cloud providers with diverse services and pricing models. This diversity, while offering flexibility and scalability, can lead to chaotic and unorganized cloud resource management. As a result, monthly […]

In the current cloud landscape, there’s a lack of a standardized method to normalize cloud cost and usage measures across multiple cloud platforms, at a time when managing cloud costs and optimizing spending have become paramount. The introduction of FOCUS converters for AWS, GCP, Azure, and Oracle Billing is a significant leap forward in achieving […]

Businesses operating in the cloud have to constantly battle between two decisions: Maintaining profitability, or constantly innovating their offerings to stay competitive. An impressive 82% of North American organizations pinpoint cloud spending as their chief obstacle, a scenario compounded by projections that global spending on public cloud services will soar to $591.8 billion at the end of […]

The new BigQuery FOCUS view is an effort from GCP to simplify the cloud billing efforts taken by Organizations using a multi-cloud environment. Being a core contributor to the FinOps FOCUS Project, GCP has taken a significant step towards standardizing cloud cost management. The FOCUS BigQuery View facilitates the comparison of your Google Cloud Costs […]

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

In a world where managing cloud costs effectively is crucial, FinOps Cloud Policies and Governance play a vital role in helping organizations make the most of their cloud investments. These policies help ensure that companies are using their cloud resources in the smartest way possible, leading to better decision-making and more innovation, all while keeping […]

Adopting and implementing FinOps within your organization requires an understanding of a few crucial concepts, namely FinOps Domains, FinOps Capabilities, and FinOps Maturity Assessments. In essence, FinOps Domains represent a sphere of activity or knowledge, covering every facet of cloud financial management. Within each domain, you’ll find a suite of FinOps Capabilities. These capabilities serve […]

The FinOps Hub – GCP’s latest innovation in Cost Optimization With cloud expenses often resembling a complex maze, it becomes crucial for organizations to have a clear line of sight into their spending. Inefficient cloud resource management not only results in financial wastage but also hampers the organization’s capacity to innovate. As organizations navigate the […]

Why Cloud Cost Optimization is Non-Negotiable Cloud spending is on an inevitable upswing, projected to reach a staggering $597.3 billion by 2023 according to a Gartner forecast. But this enthusiastic embrace comes at a cost—literally. Far too often, businesses find themselves facing unforeseen expenditures, as their bills frequently exceed initial budgets. Complexity Amplifies Cost The […]

Moving beyond traditional reactive approaches, Augmented FinOps enables proactive and agile cost management, allowing organizations to continually optimize their cloud infrastructure.

Explore the core principles of FinOps and its pivotal role in cloud cost optimization. This article provides a comprehensive overview, ensuring a grounded understanding of effective cloud financial management

This article provides an in-depth examination of top ITFM tools, reveals crucial factors for tool selection, and uncovers the significance of ITFM in controlling IT costs. Ideal for professionals seeking to refine their cost management strategies, this piece encapsulates a wealth of knowledge, critical insights, and expert advice on effective IT expenditure.