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State of FinOps ’24: Top Priorities Shift to Reducing Waste and Managing Commitments

FinOps Foundation

Key Insight: With economic pressure increasing across the world in 2023, many organizations are leaning on their FinOps teams to help prioritize cloud optimizations. Sustainability teams have limited intersection with FinOps teams today, but that number is expected to increase substantially in the future.

FinOps 331
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Rightsizing recommendations: get GCP costs down with Google Cloud optimization services

FinOps in Practice

Having access to rightsizing recommendations to consider can really help businesses leaders and FinOps teams to solve and improve their companies’ current processes and usage. It is based on system metrics which collect Cloud Monitoring service data over the previous 8 days. Rightsizing is often a huge challenge which companies face.

FinOps 130