The document discusses FinOps, which is a cloud financial management discipline that aims to help engineering, finance, and business teams collaborate on data-driven spending decisions to maximize business value from cloud usage. It provides an overview of the FinOps Foundation's mission to advance individuals and build mastery in cloud cost optimization. It also briefly outlines the growth of FinOps roles and teams over time from initial small teams to more mature larger teams, and common challenges organizations face in implementing FinOps.

1. Advancing the people who manage the value of cloud
FinOps.org

2. Copyright 2019-2022 FinOps Foundation – All rights reserved.
To advance every individual who manages the value of cloud wherever they are.
Objective: The definitive
resource for all FinOps practices
Objective: Advancement for
whatever level you are
FinOps Foundation Mission
Build
Mastery
Create
Connections
Inspire
Growth
Objective: Enriching connections
wherever you are

3. Use of this work requires attribution to the FinOps Foundation under the ccby4.0 license
Cloud is critical to every business but is a
fundamentally different consumption model...
Decentralized
Engineers siloed from Finance
(and Procurement) are
empowered to commit the
company to spend
Variable
Variable cloud spend
replacing data
center/fixed cost spend
Scalable
Instant access to resources
enables innovation but often
results in overprovisioning
3

4. Copyright 2019-2022 FinOps Foundation – All rights reserved.
Cloud FinOps is an evolving cloud financial
management discipline and cultural practice that:
to collaborate on data-driven spending decisions
enables organizations to get maximum business value
by helping engineering, finance and business teams
FinOps.org
FinOps is not
shorthand for
“Financial
Operations”. It is a
portmanteau of
“Finance” and
“(Dev)Ops” stressing
the communications
and collaboration
business and
engineering teams.
Use of this work requires attribution to the FinOps Foundation under the ccby4.0 license

5. Copyright 2019-2021 FinOps Foundation – All rights reserved.
Growth of FinOps Industry
Social proof of those offering or seeking skills
Linkedin (People - FinOps) Posts in #jobs in the Slack 2021
Use of this work requires attribution to the FinOps Foundation under the ccby4.0 license

6. Copyright 2019-2022 FinOps Foundation – All rights reserved.
Where does FinOps/cloud financial management
report in your organization?
(multi-select question; answers total more than 100%)
Use of this work requires attribution to the FinOps Foundation under the ccby4.0 license

7. Copyright 2019-2022 FinOps Foundation – All rights reserved.
Team sizes scale as maturity develops
9
Current team size
14
12-months from now
2021 avg team size 7
5
Current team size
8
12-months from now
3
Current team size
6
12-months from now
Crawl Walk Run
Use of this work requires attribution to the FinOps Foundation under the ccby4.0 license

8. Copyright 2019-2021 FinOps Foundation – All rights reserved.
Data.FinOps.Org: what are your top challenges?
8
Use of this work requires attribution to the FinOps Foundation under the ccby4.0 license

9. Copyright 2019-2022 FinOps Foundation – All rights reserved.
9
Domains
Personas
FinOps Practitioner
Executive
Business/Product Owner
Finance/Procurement
Engineering/Operations
Principles
▸ Teams need to collaborate
▸ Everyone takes ownership for their
cloud usage
▸ A centralized team drives FinOps
▸ Reports should be accessible
and timely
▸ Decisions are driven by business
value of cloud
▸ Take advantage of the variable cost
model of the cloud
Understanding
Cloud Usage
and Cost
Performance
Tracking &
Benchmarking
Real-Time
Decision Making
Cloud Rate
Optimization
Cloud Usage
Optimization
Organizational
Alignment
FinOps
Framework
Maturity
Phases
Rates
& Usage
FinOps is an evolving cloud financial management discipline
and cultural practice that enables organizations to get
maximum business value by helping engineering, finance &
business teams to collaborate on data-driven spending decision
Crawl Walk Run
Use of this work requires attribution to the FinOps Foundation under the ccby4.0 license

10. Copyright 2019-2022 FinOps Foundation – All rights reserved.
FinOps Persona
Primary Goal:
Drive best practices into the organization through education, standardization, and cheerleading.
Objectives Frustrations Key Metrics FinOps Benefits
● Cultural change flag bearer
● Create cloud cost
management best practices
● Create benchmarks for
teams to use
● Create visibility and
transparency to cloud cost
● Create or inform cloud
budgets and forecasts
● Lack of access to
needed data
● Distributed
accountability
● Building adoption at
enterprise scale
● Tool reliance that does
not deliver capabilities
needed
● Accurate budgets
● Accurate forecasts
● Unit Cost Economics
● Discount/Reservation
coverage
● % untagged resources
● Efficiency opportunity
● Centralized cloud cost
management in single
cloud or multi-cloud
environment
● Align accountability to
cloud users
● Build confidence around
budgets and forecasts
● Advance communication
throughout the
organization

11. Copyright 2019-2022 FinOps Foundation – All rights reserved.
FinOpsiverse
11

12. Copyright 2019-2021 FinOps Foundation – All rights reserved.
Contribute to Working Groups
Practitioner Working Groups (WG)
create best practices and standards,
supported by vendor members.
Special Interest Groups (SIG) create
community and benchmarking.
These feed into the FinOps
Framework and output Projects.
See Current Groups

13. Copyright 2019-2021 FinOps Foundation – All rights reserved.
Certification Track for FinOps practitioners
and consultants
● FinOps Certified Practitioner
● FinOps Certified Professional
Persona-based Training for stakeholders
working with FinOps teams
● Individual courses for Engineers, Finance,
Executives, Procurement and Product
Go to FinOps.org/certification
Training and Certification
13
77% share on LinkedIn*
*Source: October 2021 Credly.com Badge Share Data