What is FinOps? Your guide to cloud cost management

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CIO

With the cloud becoming such an integral part of the IT strategies of so many enterprises, it’s natural that managing the expense of all these services would be an emerging priority for executives. Although the cloud is touted by providers as a way to potentially save money because of greater efficiencies and shared expenses, an abundance of cloud-based resources can also lead to cost runaways if not managed properly. That’s where FinOps comes in. What is FinOps?Blending the terms finance and operations, FinOps is a business discipline and set of best practices and technologies for optimizing …

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