#FinOps

#FinOps

The demand for cloud services is surging, with spending expected to exceed $2 trillion by 2030, but poor management can hinder ROI.

Our infrastructures come with an environmental cost; IT sector alone is responsible for 1.4% of global carbon emissions.

Understanding software's environmental impact requires a carbon-aware approach and conscious resource utilization for greener development.

Unused resources like pods contribute significantly to our overall carbon footprint.

Simple tools like kube-green in Kubernetes enable conscious cloud resource usage for greener system development without architectural impact.

FinOps and GreenOps concepts go hand in hand, impacting both costs and environmental considerations; tools like OpenCost integrate infrastructure emissions measurements.

Organizations are prioritizing the reduction of cloud waste due to economic pressures and environmental concerns.

Effective cloud waste management involves rightsizing resources and raising awareness among teams.

FinOps is crucial for effective cloud financial management, fostering collaboration for cost transparency and strategic decisions.

The CloudBolt Platform introduces Augmented FinOps for optimized cloud lifecycle management through AI and automation.

IBM acquired Kubecost to enhance its IT and FinOps capabilities for more efficient cloud and on-premise management.

FinOps is a cultural practice that brings financial accountability to cloud spending.

FinOps bridges the gap between finance and operations to optimize cloud expenses and maximize ROI.

DevOps teams need to shift their mindset and take responsibility for managing cloud costs.

FinOps is a cultural practice that brings financial accountability to cloud spending.

FinOps bridges the gap between finance and operations to optimize cloud expenses and maximize ROI.

DevOps teams need to shift their mindset and take responsibility for managing cloud costs.