FinOps is one of the latest buzzwords in cloud computing. It’s a merger of two critical departments — finance and operations — and describes “cloud financial operations” (cloud financial management or cost management).

There’s no doubt about Kubernetes’ importance for success in the cloud. It offers a cost-efficient, scalable, and automated platform for managing containerized applications while simplifying operations. Cast AI is a well-established platform specializing in Kubernetes optimization, including workload rightsizing and cluster autoscaling. But is that enough for MSPs and enterprises prioritizing cloud costs?

FinOps is an evolving concept increasingly practiced in cloud computing organizations to manage and optimize their infrastructure cost. It requires team collaboration among Finance, Engineering and IT Operations to gain a deep understanding of the expenditure, take financial accountability, and make informed decisions to maximize the business performance.

DevOps. DevSecOps. AIOps. NoOps. RevOps. FinOps. It’s hard to keep up sometimes. No worries, though. CloudZero sits at the intersection of finance and operations — and we recently joined the FinOps Foundation, which brings together FinOps practitioners to collaborate, learn, and network. In this guide, we’ll discuss FinOps and why it matters to you as a SaaS company that relies on cloud services and OpEx financials.

FinOps dashboards help manage cloud financial operations by providing real-time visibility into cloud spending, resource utilization, and cost optimization. They are part of the broader FinOps framework, which combines finance and DevOps practices to improve collaboration between technology, finance, and business teams. This collaboration supports financial accountability and optimizes cloud costs.

Picture this: A chic Barcelona seaside hotel, gusty autumn winds, endless tapas, and the Rioja flowing. Could there be a better setting for a FinOps conversation? That was the setting for FinOpsX Europe! It brought together 500 practitioners from EMEA, APAC, and even LATAM. Everyone was in the mood to learn and interact: exchange ideas, share challenges, and find solutions. Here’s a peek at the hottest discussion topics.

Happy holidays! It’s that time of year when people brainstorm their New Year’s resolutions, and companies are laying out plans to hit the new year with a fresh cost management strategy in place. If you’re in the latter boat, check out these end-of-year wrap-ups that will help you start 2025 on the right foot, financially speaking. Enjoy!

The Cloud Financial Operations (FinOps) discipline aims to understand and manage cloud costs while maximizing the value from cloud investments. While controlling cloud spend remains a key business objective, focusing FinOps efforts primarily on visibility and cost-cutting doesn’t get to crux of the problem and may even snowball into bigger issues – especially given the growing complexity of the cloud and the stakeholders involved in managing it.

FinOps X Europe has finished and what a success! One of the hot topics discussed during the keynote was the concept of “Scopes”, which was driven by the expanding role of the FinOps team. Expectations of the FinOps team could range anywhere from visibility for more complete unit economics to optimization of licenses to renewal negotiations. And one of the clear questions was, when does it stop? Read on for more on that.

As of 2024, 89% of organizations are using a multi-cloud strategy. Among the reasons for this shift are avoiding vendor lock-in and achieving scalability and cost-effectiveness. Yet, maximizing the value of investments in multi-cloud environments is a major challenge. That’s where multi-cloud FinOps solutions like Ternary come in — or, as you’ll see in this guide, where the top Ternary alternatives can take the lead.