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All issuesVolume 297, Issue 4IT NewsCloud

What Is FinOps? Your Guide To Cloud Cost Management

CIO, December 27th, 2022

Blending finance and cloud operations, FinOps is a business discipline and set of best practices for optimizing enterprise cloud spend.

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 as a way to potentially save money because of greater efficiencies and shared expenses, an abundance of cloud-based resources can also lead to cost runaways if not managed properly. That's where FinOps comes in.

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