FinOps

FinOps is an operating practice that brings engineering, finance and business teams together to manage variable cloud spending. It makes cost visible, allocates it to owners and optimizes it against business value. The FinOps Foundation describes its phases as Inform, Optimize and Operate.

Why it matters at a CIO Cafe table

Terms like FinOps turn up at tables because the disagreement is usually about scope, not definition. Agreeing what the word means is the cheapest way to shorten a decision — which is why every table starts by framing the question in plain language.