The Rise of FinOps

The cloud offers organizations infinite possibilities. But with infinite possibilities comes the risk of infinite spending. Having the right framework in place can put a stop to spiraling costs.

IDC predicts that complexities and IT budget pressures will drive 70% of Global 1000 companies to increase FinOps maturity with granular chargebacks, benchmarking, and multiple-cloud optimization by 2024.

This is giving rise to FinOps – a framework, culture, and mindset that enables organizations to maximize the value of cloud investments.