Cloud technology, which forms a considerable and ever-growing part of global IT efforts, plays a pivotal role in shaping an organization’s cost-reduction opportunities, efficiency initiatives, and ...
Cloud-related cost overruns could divert resources away from where they’re really needed. FinOps keeps cloud spending in check. Higher education IT departments have been taking advantage of the cloud ...
Until now, IT departments have relied on IT financial management (ITFM) and technology business management (TBM) to manage IT costs. However, there has been a significant shift in IT delivery to the ...
Cloud uses for business continue to grow. By 2024, Gartner predicts, more than 45 percent of “IT spending on system infrastructure, infrastructure software, application software and business process ...
The cloud allows small and medium-sized businesses to go to market faster and grow with less capital. However, 84% of businesses identified managing cloud spending as their top challenge. This isn’t ...
What is FinOps and where did this term come from? The FinOps Foundation defines FinOps as the “shorthand for cloud financial operations or cloud financial management or cloud cost management”. It ...
Has the price tag for innovation become untenable? When venture-backed companies were chasing growth metrics, higher cloud bills were shrugged off as unavoidable. But the exuberance of the last few ...
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This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Enterprises plan to expand their use of FinOps cloud cost ...
Having established its bona fides as a key methodology for cost control and workload optimization of public cloud services, FinOps is expanding into optimizing outcomes for private cloud, SaaS, ...
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