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AWS re:Invent 2024 FinOps Updates

FinOps Foundation

Key Insight: At re:Invent 2024, AWS announced numerous product enhancements that help FinOps Practitioners and their organizations optimize their cloud usage. The FinOps Foundation caught up with several AWS Product Managers at re:Invent and asked them what their teams have delivered and how these updates will impact Practitioners.

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FinOps X Europe 2024 – Breakout Sessions

FinOps Foundation

Key Insight: Dozens of breakout sessions and interactive chalk talks at FinOps X give Practitioners insights from their peers to help solve real challenges that exist in their organizations today. This content is formed around key FinOps Topics we see in practice today.

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The Scope of FinOps Extends Beyond Public Cloud

FinOps Foundation

Key Insight: To effectively manage the variable nature and distributed procurement model of cloud, FinOps Practitioners have built capabilities to maximize the value of their organization’s technology investments. We first explored this anticipated shift in the second edition of Cloud FinOps (pg.

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2024 re:Invent announcement recap for AWS Cloud Financial Management services

AWS FinOps

I have been putting off writing a summary of all the announcements our Cloud Financial Management (CFM) team made at 2024 re:Invent. While we may not achieve a perfect 10, as there is always room for improvement, we do hope that these ten new features will help accomplish your daily FinOps tasks more effectively. specifications.

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FOCUS 1.1 Now Available. Adoption Continues for Practitioners and Vendors.

FinOps Foundation

the fourth release of the FOCUS Specification, is now available for cloud vendors and FinOps Practitioners to adopt. The FinOps Open Cost and Usage Specification (FOCUS ) Version 1.1 was ratified by the FOCUS Steering Committee on November 7, 2024. Key Insight: Version 1.1, What’s New in v1.1 AWS – 1.0 (in

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Key 2024 Changes to the Definition of Cloud FinOps

FinOps Foundation

The Cloud FinOps community has grown exponentially since the launch of the FinOps Foundation in 2019. The Cloud FinOps community has grown exponentially since the launch of the FinOps Foundation in 2019. The FinOps Framework has created consistency in terminology, practices, and approaches that benefit this interaction.

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Key 2024 Changes to the Definition of Cloud FinOps

FinOps Foundation

Key Insight: The FinOps Foundation’s Technical Advisory Council has approved an updated definition of FinOps. Over the next few months, other changes to the FinOps Framework will follow. The first edition of Cloud FinOps was published later that year. And like the cloud, FinOps does not stand still.