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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.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Before we break down the top three methods to reduce cloud costs in the recommended order of implementation, here’s a quick guide for measuring success. This information is a prerequisite for accountability.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Before we break down the top three methods to reduce cloud costs in the recommended order of implementation, here’s a quick guide for measuring success. This information is a prerequisite for accountability.

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Redefining FinOps and Building a Stronger Framework

FinOps Foundation

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. And like the cloud, FinOps does not stand still.

FinOps 130
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Redefining FinOps and Building a Stronger Framework

FinOps Foundation

On February 26, 2019, the FinOps Foundation was publicly launched on a webinar hosted by a committed group of enthusiasts managing cloud cost and usage, and viewed by dozens of people around the world. The first edition of Cloud FinOps was published later that year. And like the cloud, FinOps does not stand still.

FinOps 130
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Stumbling Towards FinOps

Azure FinOps

Today, it’s difficult to recall the resistance public cloud, as a method for providing key services such as computation and database, faced in an earlier stage. Instead of placing the organization within the crawl, walk, run, hierarchy of cloud FinOps practice, this shortsightedness creates a situation of perpetual stumbling around.

FinOps 52
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Stumbling Towards FinOps

Azure FinOps

Today, it’s difficult to recall the resistance public cloud, as a method for providing key services such as computation and database, faced in an earlier stage. Instead of placing the organization within the crawl, walk, run, hierarchy of cloud FinOps practice, this shortsightedness creates a situation of perpetual stumbling around.

FinOps 52