The InfoQ Podcast Roi Ravhon on FinOps, Application Unit Economics, and Cloud Cost Optimization
16 snips
Sep 1, 2023 Roi Ravhon, co-founder and CEO of Finout, discusses the benefits of adopting FinOps, the typical journey of organizations interested in cloud costs, cultural and tooling requirements for successful implementation, challenges faced by companies adopting FinOps, maturity of the phenom space, and the value of FinOps certifications and common language within a team.
AI Snips
Chapters
Transcript
Episode notes
FinOps Definition
- FinOps aims to make everyone in an organization aware of cloud spending.
- It's not just about saving money, but also about education and maximizing ROI.
FinOps vs. DevOps
- FinOps, like DevOps, aims to shift responsibility to engineers, this time for cost.
- It's a cultural change, similar to DevOps, focusing on cost awareness and ownership.
Why FinOps Now?
- Multiple factors are driving FinOps adoption.
- These include rising cloud costs, economic downturn, and the need for better cost management.