E36: FinOps 101 - What is FinOps and How Can My Business Get Started?
WHAT DOES FINOPS REALLY MEAN? Welcome to another episode of Cloud Cost Optimization and today, Nick and Jason will be kicking off a series of episodes that will be focused on FinOps, its definition, how it helps, why is it getting more and more popular, and what it takes for an organization to start operating with it. The two will also give their tips on how your organization can get started with FinOps so make sure to stay tuned until the end. WORDS TO OPTIMIZE YOUR DAY JASON: Definition of FinOps “It's a practice or a discipline set of processes that you can follow that enable organizations to get maximum value from cloud spending. And it does that by bringing together the stakeholders in cloud utilization spending, right? Finance, engineering, technology, whatever the business units you have been to, and it allows them to make better decisions on Cloud spending that are data-driven, instead of guesswork like our thumb in the wind from back in the CAPEX days. You can make sound data-driven decisions in the cloud. If you have the right set of tools and processes and discipline internally” Get to know our hosts in the links below: Nick Lumsden | Jason Yaeger Get a free assessment and optimize your environment in TenacityCloud.com