Navigating the complexities of cloud financial management requires more than just tracking costs – it demands a strategic approach to measure and optimize cloud spend. We have put together our top 7 KPIs, ranging from allocatable cloud spend and average hourly costs to sophisticated forecasting, to effectively gauge your FinOps solution success. Each KPI offers unique insights, helping businesses manage and maximize their cloud investments.

AWS remains the largest cloud service provider (CSP) of the 21st century. It also provides over 240 cloud-based products and services. In some cases, these services help customers like you collect, analyze, and act on data about cloud usage and related costs. In this post, we explore how AWS services support FinOps’ best practices, including the features they offer. If you are looking for even more robust AWS FinOps tools, we will also include third-party platforms.

In November 2023, Broadcom closed its acquisition of VMware in one of the largest technology acquisitions in recent times. In doing so, it ushered in a new era for the entire Tanzu portfolio of products and services, many aspects of which came to fruition through other acquisitions.

In an insightful Galileo webinar interview, industry analyst Charles Araujo delved into the world of FinOps, shedding light on its significance and practical implications for IT operations professionals. As organizations increasingly grapple with the complexities of cloud computing and strive to optimize their financial management practices, understanding the core principles becomes essential.

Our solution (Anodot) and Flexera are two possible options for FinOps in enterprise cloud environments. With over 85% of organizations projected to adopt a cloud-first approach by 2025, finding a partner who can navigate the ever-evolving world of FinOps for cloud success is crucial. So, which solution actually makes good on their promises? Let’s look at both providers and see whose features truly embrace a FinOps approach in the cloud.

The growing popularity of FinOps is creating an opportunity for you to level up your entire approach to IT financial and cost management by embracing FinOps as a foundational discipline that you apply to your entire technology estate. It’s not just about saving money — it’s about making smarter, data-driven decisions that fuel growth and innovation.

Back in 2014, DevOps took the tech world by storm, and now we’ve got another game-changer: the rise of FinOps. FinOps is stepping up as a key player, helping companies manage and optimize their cloud costs, shaping it into an investment in a company’s financial health. However, a significant challenge has emerged: the demand for skilled FinOps professionals far exceeds the supply.