FinOps: Transforming IT Spending Into Business Value
After a decade or more of getting familiar with the cloud, we’ve learned that it’s great for innovation and agility. But we’ve also learned that costs can easily get out of control. Recent surveys indicate that up to 30% of cloud spending may be wasted.
What if you could recapture that value and put it to better use?
Today, you can. IT cost management has evolved to the point where organizations can now accurately correlate the business value of a specific technology service to the business service it supports. Because this “FinOps” approach to IT cost management enables businesses to make much more robust, data-driven decisions about how to get the best value from their technology investments, organizations need to adopt FinOps now to make the cloud a financial advantage.