Summary

In this chapter, we tried to provide a complete governance methodology around FinOps, fully focused on trying to integrate cost optimization practices into the DNA of organizations, with long-lasting measures that will make an impact not only in the short term, but also in the long term.

We defined what a target operating model is and how it can help us understand where FinOps fits in organizations. We also saw how to align these ideas to create our own FinOps operating model, which will include all the components that are needed for the practice to work like well-oiled machinery.

We described in depth various FinOps organizational models as well as how to define a proper rollout plan for the practice. In addition to this, we went through the process of designing and implementing new functions, capabilities, processes, and roles to support the practice, as well as understanding the impact that cloud financial management can have on existing functions, capabilities, and...