FinOps Principles act as a north star that guide the activities of our FinOps practice. They’re developed by FinOps Foundation members, and honed through experience. These were initially proposed as part of the writing the Cloud FinOps book in Sept 2019 as a joint AWS announcement. Now, they cover multiple clouds, and knowing how cloud services change every quarter it seems, they may change slightly over time as new experience is gained by all.
These principles are in no particular order, and they should be taken as a whole. We encourage members to understand and practice all of these principles.
Teams need to collaborate
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Decisions are driven by business value of cloud
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Everyone takes ownership for their cloud usage
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FinOps data should be accessible and timely
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A centralized team drives FinOps
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Take advantage of the variable cost model of the cloud.
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