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gjorgivarelov
gjorgivarelov

Posted on

FinOps: the definition

I am intrigued by the abbreviation: is FinOps dealing only with cloud processing cost? Is it also including APIs that enable e-commerce and payment processing online? From the topics posted in this part of the Ops community, it seems like cutting cost on AWS is the main focus of FinOps.
I could use a search engine to dig on the FinOps meaning, but I thought I may get a more relevant answer from the professionals of that field posting here...

Discussion (2)

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Mike Graff

From my experience FinOps is more about cloud spending and less about cloud payment platforms. From finops.org/introduction/what-is-fi...

"FinOps is an evolving cloud financial management discipline and cultural practice that enables organizations to get maximum business value by helping engineering, finance, technology and business teams to collaborate on data-driven spending decisions."

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Patrick Londa

Hmmm, good question. @daknhh, @enilorac, @cloudyadvice, what do you think? Is FinOp all cost optimization or should it also include payments / e-commerce?