FinOps Framework

The operating model for the cloud.

The FinOps Lifecycle

1. Inform

Visibility and allocation. Giving teams access to near real-time data so they can make intelligent trade-offs between speed, cost, and quality.

2. Optimize

Empowering teams to identify and take action on savings opportunities (Rightsizing, Zombie resources) and rate optimization (RIs, Savings Plans).

3. Operate

Defining and executing processes that enable the goals of Technology, Finance, and Business to be achieved.

The Iron Triangle

FinOps is not about "saving money". It is about making money. It is about balancing Speed, Cost, and Quality. Sometimes spending more is the right business decision if it leads to greater revenue or market share.