The phases of FinOps: Cloud optimization and more
As cloud adoption grows, organizations face the challenge of optimizing costs. To combat this, many have started to look for new ways that they can enhance their FinOps techniques and build their own frameworks to better manage the cyclical nature of cloud cost optimization.
This article outlines the FinOps lifecycle phases, forming a loop. Initially, organizations face a learning curve with cloud resources. Over time, they gain experience and automate cost optimization. New cloud services often restart this cycle, requiring refinement.
Dig into the article to discover how you can extend optimization beyond infrastructure to include commercial software and create FinOps strategies with a comprehensive view of costs.