Amit Kinha, Field CTO at DoIT and a FinOps Foundation Board Member, dives into the rapidly evolving world of FinOps. He discusses the underestimated complexity of cloud costs post-COVID and how organizations are adapting their financial strategies accordingly. Kinha highlights the shift from manual processes to intelligent tools that provide real-time insights, as well as the growing roles focused on FinOps within companies. The conversation also covers the importance of collaboration between finance and engineering to enhance capital efficiency and drive business growth.
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question_answer ANECDOTE
Early FinOps Wake-Up Call
Amit describes his FinOps start at Goldman Sachs when a non-prod cloud bill spiked and he couldn't map costs to services.
That experience drove him to unify cost data and build platform-level FinOps capabilities.
insights INSIGHT
Cloud Forces Cross-Functional Finance
Cloud moved procurement and engineering into the same financial conversation because cloud is variable, not five-year capital expense.
Strong FinOps practices produce data valuable across product, procurement, and finance teams.
insights INSIGHT
Context Makes Cost Data Actionable
Cost data without business context causes fear and poor decisions because you cannot tell if spend is efficient.
Connecting usage, revenue, and user metrics is essential to judge cost effectiveness.
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Amit Kinha - Field CTO @DoITInt | FinOps Foundation Board Member discusses how the relationship between technology and financial accountability has evolved, and how mainstream FinOps is shifting IT focus around innovation.
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Topic 1 - Welcome to the show. Tell us about your background and your involvement in FinOps.
Topic 2 - We’ve been through the early days of cloud, where we were told that cloud was cheaper, and then after COVID, everyone seemed to realize that cloud was actually more expensive. Where are we with FinOps and companies understanding how to think about cloud spending?
Topic 3 - You work with the FinOps Foundation. What types of roles do you see focused on FinOps, and how is that evolving as there is greater cloud cost visibility across an entire organization?
Topic 4 - How has the technology around FinOps evolved? How much is still manual? How much is piecing together different costs from different systems? And how much is evolving to have an AI component?
Topic 5 - How do the tools and platforms from DoIT help to make FinOps easier for companies? What are some of the key areas of focus, and some insights you’re hearing from the companies that you work with directly?
Topic 6 - If you had to give a CIO or CFO guidance on how to best think about FinOps, what are the top things you would focus on?