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What’s New in the FinOps Framework

Welcome! Below are highlights about what’s new with the FinOps Framework. The FinOps Framework is evolving and informed by community contributions and conversations. Join our community of FinOps practitioners.

 


November 2022

 

  • FinOps & TBM Playbook (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how navigating co-existing disciplines through FinOps Intersection with other frameworks. this guide defines key terminology related to the intersection of FinOps and TBM, explains relevant taxonomy, and outlines capabilities that every practitioner must be familiar with. it explores common use cases where FinOps teams benefit from interaction with TBM teams as well as success stories and common pitfalls that teams may encounter when embarking on a joint endeavor. see this Framework resource here for more details.

 

  • Establishing a FinOps Decision & Accountability Structure (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model. see this Capability’s Functional Activities, Maturity Assessment and Measures of Success sections for more details.

 

  • Chargeback & Finance Integration (Capability; Update)

    the name for this Framework Capability was updated (formerly: Chargeback & IT Finance Integration). the intention for updating this capability’s name is to recognize your organizations financial reporting needs and considerations for how to consolidate cloud cost management data with all financial reporting data. see this Capability’s Definition, Functional Activities, and Maturity Assessment sections for more details.

 

  • FinOps Intersection with other Frameworks (Capability; Update)

    the name for this Framework Capability was updated (formerly: IT Asset Management Integration). the intention for updating this capability’s name is to provide a place to capture FinOps’ interaction with other processes and standards being used by your organization. the updated name clarifies this intention and allows for extending beyond ITAM to include ITFM, TBM, SAM, and Sustainability among others. ITAM plays an important role with FinOps and we will continue investing in the ITAM content here with future working-groups. see this Capability’s Definition, Functional Activities, and Maturity Assessment sections for more details.

 

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October 2022

 

  • Establishing unique Finance and Procurement FinOps personas (Personas; Update)

    the core content has been updated to create a separate FinOps persona for the Procurement role. this Framework Persona now including a dedicated definition and responsibility characteristics to describe how this role fits into your FinOps practice. see this Framework Personas page for more details.

 

  • Cloud Cost Forecasting Playbook (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build your capability for Forecasting cloud spend. this playbook examines and better defines cloud forecasting, community members were surveyed to gather data about why and how cloud forecasting is done, and to create a working resource to empower and educate fellow members. see this Framework resource here for more details.

 

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September 2022

 

  • Introduction to Cloud Unit Economics: A work in progress (Resource; New)

    this Framework resource provides a guide to empower individuals who manage the value of cloud. it’s an example of how to build your capability in Measuring Unit Costs. this resource is a practical guide about cloud unit economics; it’s mission is to create common ground, identify standards, and build a better understanding of what cloud unit economics are and how they can be leveraged by your organizations as part of a greater FinOps strategy. see this Framework resource here for more details.

 

  • Anomaly Detection Basics (Resource; New)

    this Framework resource provides a guide to empower individuals who manage the value of cloud. it’s an example of how to build your capability for Managing Anomalies. in this guide Vlad Vinnik from JFrog provides an operating example of cloud cost management and anomaly detection being used at JFrog. see this Framework resource here for more details.

 

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August 2022

 

  • Container Cost Allocation Playbook (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build your capability for Cost Allocation. this playbook focuses on creating guidance and best practices to practitioners around allocating cost of containers. This first output provides suggested container labels that are ready to use and can be combined into useful schemas. see this Framework resource here for more details.

 

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July 2022

 

  • Digital Sustainability and Its Intersection with FinOps (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how navigating co-existing disciplines through FinOps Intersection with other frameworks. this guide helps practitioners understand how they can positively contribute to their organizations drive to reduce digital carbon footprint and accelerate their path to net-zero. see this Framework resource here for more details.

 

  • Resource Utilization & Efficiency (Capability; Updated)

    core content for this Framework Capability was updated; including a updated definition, expanded persona driven activities, and updated maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model. see this Capability’s Definition, Functional Activities, and Maturity Assessment sections for more details.

 

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June 2022

 

  • Managing Data Efficiency Playbook (Resource; New) this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build your capability in managing Resource Utilization & Efficiency. in this guide Jason Nadeau from Project N (stealth startup) describes how data efficiency in the cloud involves the application of a wide range of technologies and architectural approaches to reduce the cost and time to store, access and transfer data. this guide extends the Framework Capability ‘Resource Utilization & Efficiency’ to focus on cloud data efficiency. see this Framework resource here for more details.

 

  • U.S. Public Sector FinOps Playbook (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build capability for Establishing FinOps Culture and how to build capability through FinOps Education & Enablement. this U.S. Public Sector FinOps playbook seeks to build upon the existing FinOps framework to assist federal agencies with their cloud spend. see this Framework resource here for more details.

 

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May 2022

 

  • Adopting FinOps: Pitfalls to Avoid (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build capability for Establishing FinOps Culture and how to build capability through FinOps Education & Enablement. this guide was created to provide practical guidance, education and enablement that helps organizations adopt FinOps as the standard for Cloud Financial Management. see this Framework resource here for more details.

 

  • FinOps Education & Enablement (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, and measures of success, including best practices. see this Capability’s Definition, Functional Activities, Maturity Assessment and Inputs sections for more details.

 

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April 2022

 

  • Cloud Policy & Governance (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, and measures of success, including best practices. see this Capability’s Definition, Functional Activities, Maturity Assessment and Inputs sections for more details.

 

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March 2022

 

  • IT Asset Management Integration (Capability; Update)

    updated definition language to add clarity; based on feedback from the community the definition should ensure the concept of lifecycle is highlighted as fundamental to ITAM from planning/budgeting through disposal. see this Capability’s definition for more details.

 

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February 2022

 

  • Real-Time Decision Making (Domain; Update)

    updated list of Capabilities listed under this Domain based on community input for clarity. see this Domain for more details.

 

  • IT Asset Management Integration (Capability; Update)

    updated definition language to add clarity; based on feedback from the community the definition should ensure the concept of lifecycle is highlighted as fundamental to ITAM from planning/budgeting through disposal. see this Capability’s definition for more details.

 

  • Managing Commitment Based Discounts (Capability; Update)

    an updated definition has been added to this Framework Capability. see this Capability’s definition section for more details.

 

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January 2022

 

  • Workload Management & Automation (Capability; New)

    a new definition has been added to the core content for this Framework Capability. see this Capability’s definition section for more details.

 

  • IT Asset Management Integration (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model. see this Capability for more details.

 

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December 2021

 

  • Unit Costing: The Next Frontier in Cloud FinOps (Resource; New)

    this Framework resource provides a whitepaper to empower individuals who manage the value of cloud. it’s an example of how to build your capability in Measuring Unit Costs. this whitepaper examines the nature of and the need for cloud unit costing with examples from cloud first organizations who’ve been pioneering this important discipline. unit costing will become the standard by which FinOps practitioners obtain full business context for their cloud costs. see this Framework resource here for more details.

 

  • Budget Management (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model. see this Capability’s Functional Activities, Maturity Assessment and Measures of Success sections for more details.

 

  • Chargeback & IT Finance Integration (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model. see this Capability’s Definition, Functional Activities, and Maturity Assessment sections for more details.

 

  • Managing Shared Costs (Capability; Updated)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model. multiple guides have been added related to waste reduction, including how to avoid and simplify shared costs, and fair cost allocation for shared platforms to name a couple. see this Capability’s Functional Activities, Maturity Assessment and Real World Resources sections for more details.

 

  • Calculating Container Costs (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build your capability for Data Analysis & Showback. this guide explores how and why containers complicate how teams manage the visibility and optimization of container costs, and how to apply FinOps best practices to improve cloud financial management. see this Framework resource here for more details.

 

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November 2021

 

  • The Green Zone/Red Zone Approach to RI Buying (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build your capability for Managing Commitment Based Discounts, and Cloud Policy & Governance. in this guide Dave Van Hoven from HERE Technologies describes the Green Zone/Red Zone approach to buying Reserved Instances (RIs) centrally, and distributing RIs to product teams across a massive estate of over 10 million unique instances annually. see this Framework resource here for more details.

 

  • Cloud Policy & Governance (Capability; New)

    a new template for this Framework Capability has been surfaced and is ready for community input!

 

  • Resource Utilization & Efficiency (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model. multiple guides have been added related to waste reduction, including how to eliminate waste in BigQuery, managing EBS snapshots, and dealing with DynamoDB backups to name a few. see this Capability’s Functional Activities, Maturity Assessment and Real World Resources sections for more details.

 

  • Managing Commitment Based Discounts (Capability; Update)

    new KPIs have been published to help practitioners measure success when managing commitment based discounts. plus 2 new guides have been added to this Framework Capability; a guide to help FinOps practitioners working with BigQuery capacity commitments, along with a guide outlining rate optimization options for GCP. see this Capability’s Maturity Assessment and Real World Resources sections for more details.

 

  • Onboarding Workloads (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, and measures of success. also, a guide has been added for architecting cloud workloads for financial reporting. see this Capability’s Functional Activities, Maturity Assessment and Real World Resources sections for more details.

 

  • Measuring Unit Costs (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, and measures of success. also, a new guide has been added which examines the nature of and the need for cloud unit costing with examples. see this Capability’s Definition, Functional Activities, Maturity Assessment and Real World Resources sections for more details.

 

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October 2021

 

  • Adopting FinOps - Getting Started (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build capability for Establishing FinOps Culture and how to build capability through FinOps Education & Enablement. use this starter guide to help you build a presentation to inform other teams, teammates, and stakeholders about the benefits of building a FinOps practice. It includes preparation steps, accountability and expectations per role and persona, a detailed roadmap, and more. see this Framework resource here for more details.

 

  • Establishing FinOps Culture (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, plus a guide for adopting FinOps in your organization have been added to this Framework Capability. see this Capability’s Definition, Maturity Assessment and Real World Resources sections for more details.

 

  • Managing Commitment Based Discounts (Capability; New)

    new core content has been added to this Framework Capability; including new maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, and new measures of success. see this Capability’s Maturity Assessment and Measures of Success sections for more details.

 

  • Resource Utilization & Efficiency (Resource; New)

    new resources have been added to this Framework Capability; including guides for managing EBS snapshots, and dealing with DynamoDB backups. see this Capability’s ‘Resources & Projects’ sections for more details.

 

  • Onboarding Workload (Capability; New)

    a new template for this Framework Capability has been surfaced and is ready for community input!

 

  • Framework Personas Enhanced with Guidelines for Adopting FinOps (Personas; Update)

    the Framework Personas page was enhanced with strategies and resources to help you with adopting FinOps into your organizations. Persona centric guidelines, goals, key messaging and KPIs are now outlined that enable FinOps practitioners to gain approval from executives, buy-in from stakeholder teams and spur engagement for conducting FinOps and achieving goals. see the Framework Personas page for more details.

 

  • Framework Capability UX Improvements (IA; Update)

    new snippets and CTAs (calls-to-action) have been added to the Framework Capabilities overview page. this update surfaces a definition summary snippet within each of the individual capability cards for easy reference. CTA labels were added to help visually identify which Capabilities still require community contribution. see the Capabilities overview page for more details.

 

  • Data Analysis and Showback (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, and measures of success. see this Capability’s Definition, Functional Activities, Maturity Assessment and Inputs sections for more details.

 

 

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September 2021

 

  • Guide to Accurate Cloud Forecasts (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build your capability for Forecasting cloud spend. this guide explores how finance, operations, and executives build models to forecast cloud spend and allocate budgets to business units. see this Framework resource here for more details.

 

  • Framework Capabilities UX improvements (IA; Update)

    the Framework Capability Overview page has been improved to provide a user friendly layout when looking for information about a Capability. the individual Framework Capability pages now list their associated Domains. each Framework Capability page was updated to help visually identify which Domain(s) an individual Capability belongs to for easy reference and user navigation.

 

  • Framework Domains UX improvements (IA; Update)

    Framework Domains now list their associated Capabilities. the Framework Domains overview page was updated to help visually identify which Capabilities belong to each individual Domain for easy reference and navigation. see the Domains overview page for more details.

 

  • Forecasting (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, measure of success, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, resources providing insights into cloud forecasting for your organization have been added to this Framework Capability. see this Capability’s Definition, Maturity Assessment and Real World Resources sections for more details.

 

  • Guide for Spreading out Shared Costs (Resource; New)

    this Framework resource provides a playbook to empower individuals who manage the value of cloud. it’s an example of how to build your capability for Managing Shared Costs. this guide explores shared costs, and how these span multiple business departments. as organizations increase their adoption of public cloud resources, it becomes increasingly difficult to assign shared cloud resources to specific business owners, to understand how to properly and fairly allocate costs, and to actually forecast future business unit budgets. see this Framework resource here for more details.

 

  • Managing Anomalies (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, measure of success, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, see this Capability’s Definition, Maturity Assessment, and Measures of Success sections for more details.

 

  • Cost Allocation (Capability; New)

    new core content has been added to this Framework Capability; including a new definition, an outline of persona driven activities, measure of success, and maturity characteristics for assessing your FinOps practice at each level in the FinOps maturity model, see this Capability’s Definition, Maturity Assessment, Measures of Success and Real World Resources sections for more details.

 

  • Framework Maturity Model Information Architecture (Maturity; New)

    the FinOps Maturity model has been formalized and published to the Framework! the FinOps Maturity model enhances the Framework by establishing guidelines, maturity characteristics to enable organizations to start small, and grow in scale, scope and complexity as business value warrants maturing their FinOps practice. it provides a standardized information architecture for guiding FinOps practitioners. see the FinOps Framework Maturity model page for more details.

 

  • Framework Capabilities Landing Page (IA; New)

    a new Framework Capabilities landing page was published providing a convenient overview of current Framework Capabilities; for completeness, the landing page includes links to historical functions that had been listed prior to the FinOps Framework information architecture being formalized. see the Capabilities overview page for more details.

 

  • Framework Capability Information Architecture (IA; New)

    new Framework Capability template pages have been published! these templates establish the structure and attributes of an individual FinOps capability, and provides a standardized information architecture for guiding FinOps practitioners and also for enabling contributions from the FinOps community. see the Capabilities overview page for more details.

 

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August 2021

 

 

  • Framework Domains UX improvements (IA; Update)

    the Framework Domains overview page was updated to display a definition summary snippet within each of the individual Domain cards for easy reference. see the Domains overview page for more details.

 

  • Framework Domain Information Architecture (Domains; New)

    a new Framework Domain overview page outlining the FinOps Domain model, along with individual Domains pages have been published! these new pages establish the model, describe FinOps Domains, provide definition and attributes for individual FinOps Domains. this change establishes a standardized information architecture for guiding FinOps practitioners and also for enabling contributions from the FinOps community. see the Domains overview page for more details.

 

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July 2021

 

  • Hello World (New)

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About the FinOps Framework What’s New page

The FinOps Framework is evolving and informed by community contributions and conversations. Built by the community for the community. This “What’s New” page is intended to highlight updates to the FinOps Framework.

 

Scope

the types of updates captured on this page include:

  • updates to main Framework elements (Principles, Domains, Capabilities, etc… )
  • core content within Framework elements (Definitions, Measures of Success, Functional Activities, etc…)
  • Framework resources; this includes addition of/updates to new guides, playbooks, media assets, etc
  • platforms, tooling and service providers that are x-ref from the Framework
  • F2 training and course modules that are x-ref from the Framework
  • community contributions and project deliverables related to the Framework from WGs, or other initiatives (like #50days-of-FinOps, etc…)

 

Attributes of a Framework “What’s New” post:

   
category New / Update / Deprecated / Removed
published-date month yyyy
framework-element Domain, Capability, Principle, Persona, Resource, Information Architecture (IA)
title summary or topic for the post
body summary of the change/update; focused on community value; may include images/video/links; may be faq styled post; may include links to Slack channels
call-to-action section footer link to a the Framework Slack channel