Puzzle Team Blue-1

FinOps: A New Approach to Cloud Financial Management

January 13, 2025
Praecipio

Adopting and Scaling FinOps

With public cloud, procurement responsibility has been effectively outsourced to engineering. Engineers now make daily decisions that affect the bottom line of their companies while finance teams struggle to keep up with the pace and granularity of spending. This change has necessitated the discipline of FinOps.

Key Insights:

  • Understand FinOps: the new operating model for cloud financial management.
  • Increase the business value of cloud by bringing together business and finance professionals with this new set of processes.
  • Understand the benefits of a shift to cloud and how to adapt to a new way of procuring IT infrastructure.

Download the ebook to learn how FinOps combines systems, best practices and culture to increase an organization’s ability to understand cloud costs.

 

This was originally published by IBM and is shared here with permission because Praecipio is an IBM Partner. IBM is a leader in enterprise technology and innovation, providing insights on IT financial management. For more, visit IBM’s official website.

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