Until now, IT departments have relied on IT financial management (ITFM) and technology business management (TBM) to manage IT costs. However, there has been a significant shift in IT delivery to the ...
Cloud-related cost overruns could divert resources away from where they’re really needed. FinOps keeps cloud spending in check. Higher education IT departments have been taking advantage of the cloud ...
Cloud technology, which forms a considerable and ever-growing part of global IT efforts, plays a pivotal role in shaping an organization’s cost-reduction opportunities, efficiency initiatives, and ...
Despite years of cloud maturity, nearly all companies still experience public cloud cost overruns that negatively impact budgets. In fact, 84% of respondents to Flexera’s 2025 State of the Cloud ...
What is FinOps and where did this term come from? The FinOps Foundation defines FinOps as the “shorthand for cloud financial operations or cloud financial management or cloud cost management”. It ...
Having established its bona fides as a key methodology for cost control and workload optimization of public cloud services, FinOps is expanding into optimizing outcomes for private cloud, SaaS, ...
Technology is expensive. Enterprise-level software and hardware systems rarely come cheap and while cloud-based Software-as-a-Service (SaaS) offerings continue to promise more flexible resource ...
Innovation has become a toxic addiction for companies. Gartner reports that 80% of CEOs are increasing technology investments while CIOs and CPOs still struggle to deliver dividends, meet expectations ...
Running applications in the public cloud can be expensive. Here's how smart teams use finops tools and best practices to plan ahead. Some devops teams wait to optimize their applications for cost ...
Let’s take a realistic look at the effectiveness of finops. Great potential is often wasted because the finance team isn’t working with the engineers. As cloud spending continues to climb, the ...