The FinOps Foundation is a program of the The Linux Foundation (alongside organizations like Cloud Native Computing Foundation) dedicated to advancing the discipline of cloud financial management through best practices, education and standards. The FinOps Foundation includes 3500+ individual members, representing more than 1500 companies. It provides a variety of training and certificaton programs including the FinOps Certified Practitioner designation. It counts dozens of major service and platform providers as part of our vendor certification programs such as FinOps Certified Platform and FinOps Certified Service Provider programs.
To build a community where we advance members by empowering them with standards and best practices through education so they can understand cloud financials as they shift over time.
We are here to advance the people who do cloud financial management:
Central community for cloud financial management through virtual events, meetups, slack and other channels
Advance careers of FinOps practitioners through career development, training and certification
Define cloud financial management standards through open source collaboration
The FinOps Foundation includes a Governing Board and Technical Advisory Board, as well as a variety of committees such as education.
The FinOps TAC is the technical governing body of the FinOps Foundation which oversees open source standards, best practices, curriculum and technical vision of the FinOps Foundation. TAC outputs are committed into an open source ecosystem to become standardized best practices.
10 Seats Initially - Mix of Practitioners, GB Appointed, and Premier Members
As defined by the Technical Charter, The Technical Advisory Council (the “TAC”) will have ten members determined as follows:
The FinOps Governing Board and Directed Fund supports the Technical Advisory Council and Practitioner community. It is made up of industry professional practitioners, vendors and cloud providers.
The GB currently consists of these representatives:
As defined by the FinOps Foundation Participation Agreement, the Governing Board voting members will consist of:
Those on the Governing Board have no vote on the TAC and vice versa, with the exception of the TAC Chairperson who sits on both boards.
As part of the LF, FinOps has access to a large scale open source non-profit engine. The LF has over 200 employees and large scale training, marketing and events teams. Its work today extends far beyond Linux, fostering innovation in every layer of the software stack. The Linux Foundation hosts projects spanning enterprise IT, embedded systems, consumer electronics, cloud, networking, and more. A few of these high-velocity projects that are helping redefine what’s possible include Hyperledger for cross-industry blockchain technologies; Automotive Grade Linux, the open software platform for automotive applications; the Open Network Automation Platform project (ONAP) for real-time, policy-driven software automation of virtual network functions; and Kubernetes, the Cloud Native Computing Foundation project for production-grade container orchestration.
By increasing awareness and education of FinOps, the Foundation’s efforts will help to grow this space and the opportunities for everyone. The focus of our work is on the practitioner, educating and empowering them to make a difference in their organizations and in their own careers. Similar to previously nascent but burgeoning disciplines like DevOps, when you empower the individual, the entire ecosystem benefits. We are solving the challenges of cloud financial management together, as a community, and there are opportunities for all contributors to this space to participate and grow.
Prior to becoming a part of the Linux Foundation in June 2020, the FinOps Foundation (F2) was a standalone non-profit trade association seeking 501 C (6) designation from the IRS as a tax-exempt trade association. It had a board of directors and classes of members: practitioner members, charter members, consulting partners, and cloud service provider members.
The FinOps Foundation was born out of Cloudability’s quarterly Customer Advisory Board meetings where many cloud practitioners expressed the need for a community of practitioners to discuss best practices beyond vendor tooling. Very few people know how to implement FinOps in an organization, and there’s not yet a commonly agreed set of published principals. So, in February 2019, it helped to found the FinOps Foundation (F2) with assistance in assisting initial underwriting legal and administrative support. FinOps is now made up of thousands of independent industry experts from companies as diverse as Nationwide, Spotify, Nike, MIT, Atlassian, HERE Technologies, Australia Post, Thermo Fisher Scientific, Just Eat, Pearson, Sainsbury’s, Middle East Broadcasting Company, Tabcorp, Autodesk, Neustar, with dozens more joining each week. In June 2020, the FinOps Foundation merged with the Linux Foundation and closed its previous non-profit entity at the end of 2020.