An Introduction to FinOps

Explore the transformative impact of cloud computing on IT spending models in this 24-minute conference talk. Gain insights into the challenges posed by variable IT expenses and discover effective strategies to navigate this new financial landscape. Learn about FinOps principles, governance practices, and the benefits of adopting a FinOps approach. Examine real-world examples, including a Philips survey on public cloud spending, and stay informed about emerging initiatives such as scholarship funds and new programs in the field. Delve into the work of various groups addressing these challenges and understand how organizations are adapting to maximize the advantages of cloud technology while optimizing costs.