Defining New FinOps Roles and Processes

Throughout the previous chapters, we have provided a lot of content to help you achieve success in FinOps domain across its different pillars: inform, optimize, and operate.

But there is one key question that remains unanswered, and that is: how do I implement all of this in my organization?

We have seen so many cases of companies that have tried to get into FinOps practices by performing an assessment or implementing a proof of concept in a specific business unit, getting different degrees of success. After the assessment is completed, due to lack of momentum, resources, or sponsorship, FinOps practices often become a one-time exercise instead of an iterative process. This situation usually leads to organizations falling into the same cost-optimization bad practices over and over again, repeating mistakes that were made in the past.

There is only one answer to this big challenge, and that is to overcome it by implementing proper governance...