Insights / Research Brief / FinOps Crafts the Blueprint for Modern Cloud Spending Practices
February 9, 2024

FinOps Crafts the Blueprint for Modern Cloud Spending Practices

Scott Sinclair
Practice Director, Infrastructure, Cloud & DevOps

Christian Perry
Principal Director, Sponsored and Syndicated Research

Market Topics

Application Modernization Infrastructure

Organizations across industries continue to utilize the benefits of multiple public cloud providers to ensure the appropriate levels of efficiency, agility, and security for their multitudes of applications and workloads. Aside from sprawling platform capabilities and vendor contracts to understand and manage, this use of multiple clouds brings with it the threat of unchecked costs, potentially negating cloud benefits in other areas. Recent research by TechTarget’s Enterprise Strategy Group revealed that financial operations (FinOps) is increasingly the focus for organizations looking to rein in and optimize their cloud spending.

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