Establishing a centralized function
I’ve advocated throughout this book that FinOps isn’t just for a single team or a single line of business but requires a cross-team, collaborative effort. No one team can or should be responsible for managing an entire, large enterprise’s cloud spending. Although certain teams may have more responsibilities than others in terms of managing cloud spending, and the scope of these responsibilities may have a broader impact than others, the success of FinOps depends on everyone’s involvement. For example, in a small, startup environment, embracing an all-hands-on-deck type of philosophy will benefit those that want to adopt a FinOps mindset, regardless of the size and maturity of your business.
Reducing waste by embedding FinOps practices within your organization involves reacting to real-time events and matching supply to demand in a dynamic environment while embracing the variable nature of IT spending in the cloud. It...