FinOps Foundation

JANUARY 25, 2024

Key Insight Since clean, usable data underpins all of FinOps, Microsoft is expanding the cost and usage data available to you in the portal, and making more datasets available to you through cost management exports. Summary Education: Microsoft is investing in helping organizations learn how to adopt FinOps.

FinOps 130

FinOps FinOps Computation Billing 130

FinOps Foundation

APRIL 25, 2024

Key Insight: In March, AWS delivered four updates that help FinOps Practitioners tackle their top two key priorities this year , namely reducing waste or unused resources and managing commitment discounts. At the beginning of every year, the FinOps Foundation delivers the results of their annual survey, the State of FinOps.

FinOps 130

FinOps FinOps Computation Management Accounting 130

ProsperOps

FEBRUARY 23, 2023

There’s no better time to expand our reach and deepen our capabilities, given the nascent maturity of FinOps as a discipline, not to mention the recession in tech. Most companies are leaving money on the table The FinOps Foundation’s 2023 State of FinOps report lays out the thesis for ProsperOps in 2023 and beyond.

FinOps Automation 130

FinOps Automation Cloud FinOps FinOps FinOps 130

ProsperOps

APRIL 25, 2023

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Start with the Right Metrics to Understand Cloud Resources and Rates FinOps cost optimization can be thought of as spanning two universes: financial and engineering.

Cloud FinOps 130

Cloud FinOps FinOps FinOps Computation 130

ProsperOps

APRIL 25, 2023

The insights are particularly valuable for teams as they begin their FinOps journey and subsequently mature through its phases. Start with the Right Metrics to Understand Cloud Resources and Rates FinOps cost optimization can be thought of as spanning two universes: financial and engineering.

Cloud FinOps 130

Cloud FinOps FinOps FinOps Computation 130

CloudZero

JANUARY 9, 2023

FinOps, or the practice of managing a company’s cloud computing costs, and DevOps, the process of efficiently building applications in the cloud, should ideally go hand-in-hand.

FinOps 105

FinOps FinOps Computation 105

FinOps Foundation

JANUARY 25, 2024

Summary Education : Microsoft wants to help organizations learn how to adopt FinOps. While tools help with implementing FinOps, the cultural shift can be more difficult, so Microsoft is focusing on teaching people about the collaboration that is required to be successful with FinOps.

FinOps 130

FinOps FinOps Computation Billing 130

FinOps Foundation

JANUARY 25, 2024

Summary Education: Microsoft wants to help organizations learn how to adopt FinOps. While tools help with implementing FinOps, the cultural shift can be more difficult, so Microsoft is focusing on teaching people about the collaboration that is required to be successful with FinOps.

FinOps 130

FinOps FinOps Computation Billing 130

Economize

OCTOBER 30, 2023

CFOs, CTOs, and cloud experts often mix up Financial Operations (FinOps) and Cloud FinOps, among other terms. In the current landscape of cloud services, similar terminology still baffles professionals, and is used interchangeably. This confusion hinders clear communication, and consequently, cost management efforts.

Cloud FinOps 59

Cloud FinOps FinOps FinOps Financial Operations 59

CloudZero

DECEMBER 6, 2021

FinOps is one of the latest buzzwords in cloud computing. According to the FinOps Foundation : It’s a merger of two important departments — finance and operations — and describes “cloud financial operations,” (also called cloud financial management or cloud cost management).

FinOps 98

FinOps FinOps Computation Financial Operations 98

Economize

SEPTEMBER 6, 2023

The FinOps Hub – GCP’s latest innovation in Cost Optimization With cloud expenses often resembling a complex maze, it becomes crucial for organizations to have a clear line of sight into their spending.

FinOps 59

FinOps FinOps Computation 59

Economize

SEPTEMBER 13, 2023

Adopting and implementing FinOps within your organization requires an understanding of a few crucial concepts, namely FinOps Domains, FinOps Capabilities, and FinOps Maturity Assessments. In essence, FinOps Domains represent a sphere of activity or knowledge, covering every facet of cloud financial management.

FinOps 59

FinOps FinOps Computation 59

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. To improve the rightsizing recommendations, Rick recommends turning on memory metrics from CloudWatch or a third-party tool.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. Then move to more complicated rightsizing activities that require engineering input.

FinOps 130

FinOps FinOps Computation 130

FinOps Foundation

FEBRUARY 1, 2024

The FinOps community debates whether usage or rate optimization should be addressed first. Without memory data, Compute Optimizer will never recommend an instance that downsizes memory capacity. Then move to more complicated rightsizing activities that require engineering input.

FinOps 130

FinOps FinOps Computation 130

Azure FinOps

APRIL 28, 2022

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. With this in-mind, let’s consider the difficulties I’m seeing in the field as organizations struggle (I think that’s the right word) to adopt FinOps principles to their cloud usage.

FinOps 52

FinOps FinOps Cloud FinOps Billing 52

Azure FinOps

APRIL 28, 2022

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. With this in-mind, let’s consider the difficulties I’m seeing in the field as organizations struggle (I think that’s the right word) to adopt FinOps principles to their cloud usage.

FinOps 52

FinOps FinOps Cloud FinOps Billing 52

ProsperOps

JANUARY 31, 2023

methods enable organizations to derive the maximum value from cloud computing while spending less time managing and optimizing cloud costs. FinOps Basics: What is Cloud Cost Optimization? Today, engineers are far more in control of their own destiny, and they often have their own budget for cloud computing expenses. With CCO 2.0,

FinOps 130

FinOps FinOps Computation Billing 130

The FinOps Alliance

MAY 19, 2022

When talking FinOps or Cloud Financial Management, we can also discern a very similar shared responsibility model. The FinOps team or expert is in charge of standards and guidelines and makes sure the proper guard rails, cost monitoring and alerting, processes and rate optimization are in place. Be sure to reach out!

FinOps 52

FinOps FinOps Computation 52

Economize

APRIL 28, 2023

Understanding the significance of accountability in FinOps and continuously improving your organization's FinOps decision and accountability structure are vital for long-term success

FinOps 52

FinOps FinOps Accounting Accounting 52

Economize

OCTOBER 18, 2023

In a world where managing cloud costs effectively is crucial, FinOps Cloud Policies and Governance play a vital role in helping organizations make the most of their cloud investments.

FinOps 59

FinOps FinOps Computation 59

Azure FinOps

FEBRUARY 15, 2022

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. It won’t shock you to learn there aren’t many companies like this.

FinOps 52

FinOps FinOps Computation Budgeting 52

Azure FinOps

FEBRUARY 15, 2022

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. It won’t shock you to learn there aren’t many companies like this.

FinOps 52

FinOps FinOps Computation Budgeting 52

ProsperOps

FEBRUARY 17, 2023

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

FinOps FinOps Cloud FinOps Computation 130

FinOps in Practice

SEPTEMBER 7, 2022

A newly released report , “Cloud Computing Market Research Report by Workload, Service Model, Infrastructure, Solution, Organization Size, Industry, Deployment model, Region” conducted a global forecast through to 2027, keeping the impact of COVID-19 in mind. Etsy has seen a savings of more than 50 percent in compute energy with GCP.

FinOps 130

FinOps FinOps Computation Billing 130

Economize

AUGUST 23, 2023

Moving beyond traditional reactive approaches, Augmented FinOps enables proactive and agile cost management, allowing organizations to continually optimize their cloud infrastructure.

FinOps 52

FinOps FinOps FinOps Automation Computation 52

FinOps in Practice

NOVEMBER 30, 2022

For instance, EC2 (Elastic Compute Cloud), a service that provides compute capacity in the cloud, has numerous instance families and types that have different costs. And let us remind you that compute is one of three fundamental drivers of costs with Amazon, along with storage and outbound data transfer. on GitHub → [link] ??

FinOps 130

FinOps FinOps Computation Billing 130

Economize

AUGUST 16, 2023

Explore the core principles of FinOps and its pivotal role in cloud cost optimization. This article provides a comprehensive overview, ensuring a grounded understanding of effective cloud financial management

FinOps 52

FinOps FinOps Computation 52

FinOps.ie

JANUARY 21, 2021

Welcome to the FinOps Blog. We’ll also be interviewing business owners and accountants that we’ve worked with so that you get an insight into what the FinOps process looks like and what problems it solves through real-life case studies. Which is why I founded FinOps. In the meantime, we hope you enjoy the FinOps Blog!

FinOps 52

FinOps FinOps Computation Financial Operations 52

Economize

MARCH 27, 2023

Google Compute Engine (GCE) is a powerful and flexible cloud computing platform that provides virtual machines and other resources to organizations of all sizes. One of the biggest challenges organizations face when using GCE is understanding its pricing and optimizing costs.

Computation 52

Computation FinOps FinOps 52

Economize

MARCH 27, 2023

Google Compute Engine (GCE) is a powerful and flexible cloud computing platform that provides virtual machines and other resources to organizations of all sizes. One of the biggest challenges organizations face when using GCE is understanding its pricing and optimizing costs.

Computation 52

Computation FinOps FinOps 52

ProsperOps

FEBRUARY 3, 2023

CASE STUDY Global Media Company Discover how ProsperOps helped a global media company's FinOps team increase their Effective Savings Rate by over 50% within six months of adoption. Hourly infrastructure volatility, manual optimization and a process hinging on verification between the broker and engineering created inefficiency.

FinOps 130

FinOps FinOps Computation 130

Economize

APRIL 10, 2023

"Effective FinOps strategies are critical to optimizing cloud costs for businesses of all sizes. By utilizing cost management tools and services from AWS and GCP, organizations can reduce their cloud spend and increase their ROI.

FinOps 52

FinOps FinOps Accounting Accounting 52

ProsperOps

APRIL 26, 2023

If you prepay for a 12-month Compute Savings Plan, you simply straight-line amortize the cost over 12 months—done. This includes streamlining complex cloud financial management (FinOps) processes, which is why I am excited to announce our latest feature, Dynamic Prepay Amortization Tracking.

Computation 130

Computation FinOps FinOps Accruals 130