FinOps
FinOps is the practice of cloud financial operations, bringing financial accountability and culture into engineering teams so they own their cloud costs.
Purpose
Make engineering teams care about cloud cost, achieving transparency and optimization.
Mechanism
Three phases: Inform (cost visibility), Optimize (identify optimization opportunities), Operate (continuous cost management). Cost allocation tags attribute spend to teams/services. Cost alerts flag anomalous spending.
Use cases
- Cloud cost management
- Cost attribution
- Team accountability