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FinOps Foundation joins The Linux Foundation to nail down best cloud financial practices

June 29, 2020

Via: ZDnet

At the virtual Open Source Summit, The Linux Foundation announced it was joining forces with the FinOps Foundation. Their mutual goal is to advance the discipline of FinOps through best practices, education, and standards.

FinOps combines systems, best practices, and culture to help organizations understand cloud costs and IT benefits. In the same way that DevOps revolutionized development by breaking down the barriers between developers and operators and increasing agility, FinOps increases the cloud’s business value by bringing together technology, business, and finance professionals with a new set of processes.

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