What is FinOps?

FinOps (Cloud Financial Operations) is an operational culture that combines finance, engineering, and business teams to drive financial accountability and accelerate business value in cloud spend.

• Inform: Enable visibility into resource usage, allocation, and costs via tagging and dashboards.
• Optimize: Rightsizing resources, shifting to Spot instances, committing to Savings Plans, and terminating unused storage.
• Operate: Aligning business KPIs with resource spend and implementing cost boundaries.