Tag: FinOps

April 29, 2024

Remember when FinOps was just a trendy term? Fast forward to today, and it’s a booming $5.5 billion market, with a projected compound annual growth rate (CAGR) of 34.8% between 2023 and 2025. The trend towards adopting a cloud FinOps, […]

March 20, 2024

AI Era: Key Trends In Cloud FinOps Cloud FinOps goes beyond simply saving money on cloud costs; it’s a comprehensive strategy to unlock the full business value of cloud operations. It fosters financial accountability for cloud spending across all organizational […]

February 28, 2024

As organizations migrate more workloads, the pressure to keep a lid on cloud cost intensifies. Enterprises prioritized optimization in 2023, leaning on providers to deliver better usage data and implementing FinOps practices to track and trim spending. Kubernetes, the open […]

February 27, 2024

Hey, remember finops? Cost optimization? According to most surveys, it was a big deal in 2023, but you never would have known it, considering the amount of AI noise out there. The State of FinOps is an annual survey conducted […]

February 23, 2024

FinOps emerged in response to a critical mass of alarming cloud bills, as enterprises struggled to tie escalating costs to projected efficiency gains, product development and revenue. Practitioners initially focused on equipping engineering teams with tools to curb usage and […]

January 22, 2024

Taming cloud costs is a two-headed beast. Executives must grapple with access governance, usage controls and data access to curb overprovisioning, while also leaning on vendors to reduce billing complexity and provide greater cost structure transparency. For tech leaders, the […]

January 12, 2024

Cloud finops is the discipline of accounting for and optimizing cloud computing spending. It’s a reaction to years of undisciplined cloud spending or a way to bring order back to using cloud resources. Overall, it is a step in the […]

January 4, 2024

A new report from Tangoe sheds light on FinOps implementations, artificial intelligence, and how to improve cloud costs and financial predictability. Cloud has taken every industry by storm. But the report shows that, despite the apparent benefits, “a variety of […]

October 16, 2023

Signing up for cloud services is easy. But getting control of cloud spending can be a persistent challenge for an enterprise focused on making the most of its technology investment. Gartner predicted worldwide end-user spending on public cloud services would […]

August 11, 2023

Currently, most enterprises don’t have a formal cloud computing finops program. They may have loosely coupled manual processes, such as cost accounting connected to cloud use, but no accurate monitoring and governance value yet. Finops should not be optional. Although […]

June 12, 2023

Some devops teams wait to optimize their applications for cost considerations until reports and invoices show higher-than-expected charges, or when cloud costs scale faster than expected. Others carefully consider the cost to run and scale infrastructure during a project’s design […]

May 3, 2023

The new specifications aim to ease cloud migrations by reducing billing complexity and the overhead tied to vendor chargebacks and inefficient allocations. As cloud adopters struggle to control spending on infrastructure, software and other “as a Service” features, many organizations […]

April 19, 2023

As companies seek to cut cloud costs, more are looking to take advantage of the saving opportunities provided by AWS discount offerings and avoid paying the hefty price tag for On-Demand. But what is a realistic level of savings? For […]

February 21, 2023

It’s always healthy to take a critical view of any new technology or approach, and cloud finops (financial operations) is no different. As we’re learning about what finops does well, we’re also learning about what needs to be worked on. […]

January 24, 2023

A service mesh is a configurable infrastructure layer for microservices-based applications that makes communication between service instances flexible, reliable, and fast. It provides features such as traffic management, service discovery, load balancing, and security. It typically uses a sidecar proxy […]

December 27, 2022

With the cloud becoming such an integral part of the IT strategies of so many enterprises, it’s natural that managing the expense of all these services would be an emerging priority for executives. Although the cloud is touted by providers […]

June 29, 2020

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 […]