Tech Insights
FinOps

FinOps

Last updated , generated by Sumble
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What is FinOps?

FinOps, or Cloud Financial Operations, is a cloud financial management discipline and cultural practice that brings financial accountability to the variable spending model of cloud, enabling distributed teams to make business trade-offs between speed, cost, and quality. It's essentially about helping organizations understand their cloud costs, make informed decisions, and optimize their cloud spending to achieve business goals. It involves collaboration between engineering, finance, and business teams.

What other technologies are related to FinOps?

FinOps Complementary Technologies

AIOps can provide insights into cloud costs and resource utilization, helping optimize spending as part of FinOps.
mentioned alongside FinOps in 4% (115) of relevant job posts
Modernizing applications can lead to more efficient resource usage and lower cloud costs, aligning with FinOps goals.
mentioned alongside FinOps in 8% (52) of relevant job posts
Cloud migration is an enabler of FinOps; understanding and optimizing costs during and after migration is crucial.
mentioned alongside FinOps in 3% (75) of relevant job posts

Which organizations are mentioning FinOps?

Organization
Industry
Matching Teams
Matching People
FinOps
Amadeus
Scientific and Technical Services

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