Articles written by FinOps leaders and practitioners aimed to improve cloud financial management.
With so much amazing cloud financial management activity happening this summer, we’re proud to announce International FinOps Day. Experience this special day for the first time ever, this August 20, 2020. What’s going on? We’re taking a moment (entire day actually) to celebrate our community and contributors for all of their daily hard work in […]
Each month, a select group of FinOps Foundation members get together for an Ideas Exchange, an open forum to discuss deep cloud financial management topics. Here are highlights from July’s meeting about building and socializing cloud cost management policies. If you’re wondering what an Idea Exchange is, here’s a quick reminder. What is an idea […]
Every month, a group of FinOps Foundation members get together for an Ideas Exchange. Take a look at the highlights of June’s meeting about cloud governance and learn how to get involved in the next one. Before we jump in, here’s a quick recap of how an Idea Exchange works. So, what’s behind the Idea […]
Today is the opening day of the Open Source Summit and a big day for our community. We’ve just announced that the FinOps Foundation intends to join forces with the Linux Foundation to advance the discipline of cloud financial management through best practices, education and standards. Over the last 17 months, the FinOps Foundation has […]
The latest FinOps Foundation member meeting focused on a hot topic and was the best attended yet with over 290 attendees! While the speakers were big GCP users (LiveRamp, Spotify and KPMG) and the content really went to the heart of building cost efficiency into developer processes regardless of cloud provider. This FinOps discussion centered […]
FinOps takes an agile approach to manage cloud spend and make sense of it to business leaders. It requires multi-discipline teams to both operate and communicate well with one another. Here’s a peek at one company’s path to FinOps success. Ahead of their upcoming member call this week, I had a short preview conversation with […]
The FinOps Foundation team was very excited to have our guest Charles Renert, Technology Team Lead at Capital One walk through some FinOps best practices and stories from the field. A small panel of other Cloud Custodian users from Here Technologies, Verizon, and Nationwide added context and color to Cloud Custodian best practices and use […]
Okay, while it takes far more than 15 minutes to learn, understand, and master FinOps and its many best practices and cultural shifts, it’s nice to have one reference point for the high-level look at things. I’d like to take some time to highlight Deepak Ramchandani Vensi’s post about FinOps. For a movement like FinOps […]
In a recent blog post by a FinOps Foundation member from Intuit, Jason Rhoades lays out a killer visual model for understanding the jobs-to-be-done in Cloud Financial Managment on two axis: 1) Strategic vs. Tactical and 2) Finance vs. Cloud Tech. Jason maps these decision points on a cloud cost landscape and discusses the critical […]
On the last member discussion call, there was a long conversation about Automation and Governance of Cloud Financial Management best practices. Cloud Custodian emerged as a central theme, on the call and in the #cloud-custodian Slack channel. In May, we are excited to host Charles Renert from Capital One to lead a discussion about Cloud […]
The FinOps Foundation Slack has hundreds of cloud financial management practitioners committed to supporting each other with best practices and strategies. It’s a great place to pose your latest challenge and share your learnings. In this post, we’ll highlight some recent interesting conversations in the last week or so… On Automation “Does anyone have a […]
Throughout a critical digital transformation phase for the popular genealogy technology service, Ancestry quickly realized it needed a FinOps model to keep growing cloud costs visible and accountable. With millions of users, Ancestry’s cloud engineers and DevOps teams knew they needed to harness the power and scalability of the cloud to improve their services. However, […]
The release of AWS Savings Plans is going to change how companies optimize their AWS costs. And make no mistake — those changes are going to impact your FinOps practice. The question is how much and how quickly. (A full video of the presentation is available for FinOps Foundation Members) The short answer? We don’t know. Yet. As […]
We performed a live poll during our member call to find out how FinOps experts build their teams and what their priorities are. (A full video of the presentation is available for FinOps Foundation Members) FinOps is continuously evolving, with best practices constantly being refined and honed. So in our member call last week, we […]
This week on the FinOps Foundation member call, Dave Van Hoven from HERE Technologies spoke about their Green Zone/Red Zone approach to buying Reserved Instances (RIs).