Finops is a buzzword with many meanings, depending on whom you talk to. I’ve heard it defined as everything from “technology and tools” to “culture and communications,” and even “business processes.” It’s bigger than any of those—and sometimes part of all three.
The consensus for those dealing with cloud computing? Finops is related to cloud financial management. It’s a collection of operating models and technologies that combine best practices with technology and culture to improve an enterprise’s ability to optimize cloud costs. It’s a collaboration of IT, developers, finance, procurement, and others in the business to find the most value from cloud computing technology.
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