Finops: A Strategic Approach For Cloud Cost Optimization and Active Cloud Management

IndustryTrends

It is an operational framework and cultural shift that escorts technology, finance, and business together to drive financial accountability and accelerate business value realization through cloud transformation.

Making use of  Finops, cloud computing design principles will establish a self-governing, cost-conscious culture and promote both financial accountability and business agility in the cloud.

Worldwide spending on public cloud services is forecasted to grow at 23 % CAGR to a total of approximately $800 billion by 2027, according to Global Industry Analysts.

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