Master Cloud Financial Management (FinOps)
FinOps is shorthand for Cloud Financial Management. It is the practice of bringing financial accountability to the variable spend model of cloud, enabling distributed teams to make business trade-offs between speed, cost, and quality.
Therefore, it’s the most efficient way in the world for teams to manage their cloud costs. Using FinOps Cross-functional teams work together to enable faster delivery, while at the same time gaining more financial and operational control.
If it might seem that FinOps is about saving costs but FinOps is really about creating value for the company. Cloud spend can drive more revenue, signal customer base growth, increase release velocity, or even help reducing on premise infrastructure. FinOps is all about removing blockers and empowering engineering teams to deliver more and faster.
Individuals at every level and in every area of an organization can have a different role to play in the FinOps practice. This includes:
Director of Cloud Optimization
Manager of Cloud Operations
Engineers and ops team members
Finance and procurement team members
By the end of this course, you will master all the principles and practices of FinOps that are necessary to optimize your cloud costs and operations.
Furthermore, you will be able to analyze the impact of FinOps for you and your company. Then you will be able to design a FinOps strategy and apply it in a practical way.
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