Remove Computation Remove Definition Remove FinOps
article thumbnail

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 in June 2024, FinOps Practitioners could get their own cloud billing data in the FOCUS format from four of the leading cloud service providers.

FinOps 130
article thumbnail

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

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
article thumbnail

FOCUS 1.0 is Now Available. Practitioners and Clouds Continue Adoption.

FinOps Foundation

FOCUS is being adopted by end user FinOps Practitioners, leading cloud Infrastructure-as-a-Service (IaaS) providers, and FinOps tool vendors, who all benefit from removing complexity associated with cloud billing data normalization. Get trained on the Specification through the FinOps Certified FOCUS Analyst certification.

FinOps 147
article thumbnail

Tech news: Karbon Practice Management evolves into Practice Intelligence

Accounting Today

An API is a type of software bridge that allows two computer systems to directly communicate with each other using a predefined set of definitions and protocols. Other news Finops solutions provider Pivot Payables announced that its accounting automation application, PivotLynx, is now available in the Amazon Business App Center.

XERO 148
article thumbnail

Effective Savings Rate: Establishing a Metric to Measure the True Impact of Cloud Financial Management

ProsperOps

Erik Carlin, co-founder and CPO at ProsperOps, recently joined the FinOps Guys podcast to share his take on FinOps metrics including Effective Savings Rate (ESR). So the focus of ProsperOps is really to take software and use it to deliver better FinOps outcomes.”

FinOps 130