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In the previous chapter we discussed the principles of cloud financial management or FinOps. Now we know how we can provision workloads and track costs of these workloads, it’s time to take the next step and professionalize our FinOps practice. We will learn to mature cloud financial management by studying various maturity models.
This chapter is about the transformation to managed FinOps in our organization, by setting up a FinOps team that has a major task in the adoption of the FinOps principles. Adoption starts with awareness. Hence, we will learn how to integrate FinOps principles in a cost aware design process, making developers and engineers aware of the fact that every decision they take and every resource they implement has a financial consequence. That’s OK, as long as the implemented solutions add to business value. That’s the key theme of FinOps.
In this chapter, we're going to cover...