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In this episode of the LEAD Podcast, Geert van der Cruijsen and Rene van Osnabrugge delve into the escalating costs of cloud services and the emerging discipline of Financial Operations, or FinOps. They discuss why some companies are shifting from cloud back to on-premises data centers due to cost concerns and how FinOps aims to manage and control these expenses effectively. They explore how FinOps fosters collaboration among engineering, finance, and business teams to make informed, data-driven spending decisions, maximizing business value from cloud investments. And they touch upon the cultural shifts necessary for implementing FinOps, including educating teams on cost management and the importance of architecture choices in controlling expenses.
By Geert van der Cruijsen & Rene van OsnabruggeIn this episode of the LEAD Podcast, Geert van der Cruijsen and Rene van Osnabrugge delve into the escalating costs of cloud services and the emerging discipline of Financial Operations, or FinOps. They discuss why some companies are shifting from cloud back to on-premises data centers due to cost concerns and how FinOps aims to manage and control these expenses effectively. They explore how FinOps fosters collaboration among engineering, finance, and business teams to make informed, data-driven spending decisions, maximizing business value from cloud investments. And they touch upon the cultural shifts necessary for implementing FinOps, including educating teams on cost management and the importance of architecture choices in controlling expenses.