FinOps Foundation

This past week in Brussels, the FinOps Foundation supported — as the only non-governmental organisation invited to attend — the “FOCUS on FinOps” event organised at the European Parliament, as the EP looks to further adopt FOCUS. Over 300 practitioners from European Union Institutions, Agencies and Bodies gathered for a full day of #FinOps sessions covering the main topics: leveraging the FinOps Framework as a set of best practices and discussing FOCUS as an open specification for billing data. Our own?Ruben Vander Stockt and Dean Oliver were there to help educate on FinOps and FOCUS. A great mix of inspiring insights from senior leadership, interesting talks by practitioners sharing their experiences in FinOps and in-depth conversations and discussions! Thanks to?Julian Radu, Drs. and Neven Drljevi? for inviting the FinOps Foundation to this inter-institutional event!

Announcing the first????????????? ?? ???????????????? -?https://lnkd.in/gk6qPKkt ???????????? ?? ???????? brings an incredible lineup of speakers from diverse industries, all sharing insights that shape and evolve the #FinOps practice. Hear from experts in tech, communication, financial services, healthcare, retail, food service industries, and more. More to come as we continue to build our agenda. ?? Hotel is booking fast, so don’t wait to register -?https://lnkd.in/eham3fdC

?????? ?????????? ???? ???????????? ???????? ???? ???????? -?https://data.finops.org/ FinOps is as important as ever for delivering value from cloud—and increasingly—from other technology investments, with the majority of practices beginning to manage SaaS spend, and nearly half managing licensing. Some FinOps practices have begun to apply their capabilities to private cloud and data center scopes of spending in a?“??????????+”?approach to FinOps. While optimization continues to remain a top priority for cloud spend,?Understanding Costs?and?Quantifying Value?(budgeting, forecasting, allocation, etc.) are being applied first to other?Scopes of technology?before?optimization?as companies look to get improved predictability and understanding of technology spend in addition to Cloud. AI spending is now managed by the majority of respondents (63% up from 31% last year) and is expected to impact all but a few FinOps practitioners in the coming year in line with the large amounts of additional investment coming across cloud, SaaS and in data-centers. Practitioners are now also being asked to do more with their current resources, and increasingly those running related technology management practices are merging their work with FinOps.There is a risk of being stretched thin without additional investment in areas such as upskilling, automation or staff augmentation as organizations look to increase productivity within FinOps Capabilities. ?????? ?????????? ???? ???????????? ???????? ???? ???????? -?https://data.finops.org/ #FinOps #AI #Cloud #SaaS #Licensing

On????????????????? ???? ???? ?? ???? ????,?we’ll give you the first look into the??????????? ???? ???????????? ?????????and unveil the latest insights, trends, and data shaping the future of #FinOps. Usha Ganesh, PMP, FOCP, Dinesh Sonawane, and Brent Segner will provide their perspective in a panel discussion moderated by J.R. Storment. ?? Register for the summit:?https://lnkd.in/gzc2ihgM

AI brings new opportunities for organizations but also introduces complex challenges.????????????? ?????? ?????https://lnkd.in/g7vrHPnc explores how FinOps teams can extend their practices to manage costs and usage related to the increasing adoption of text-based LLM Gen AI systems. ?? Read the paper - https://lnkd.in/g7vrHPnc Special thank you to Brent Eubanks, James Barney, Eric Lam, Max Audet, Josh Collier, Ermanno Attardo, ?? Jean Latiere ??, Borja Martínez, Ilia Semenov, Janine Pickard-Green, Haritza Zubillaga, Rahul Kalva, Jaitabh Jewel (JJ) Sharma, Andrew Q., Thiago Mozart, Bhaskar Bhowmik, Dilli B and Andy Paneof #FinOps #AI #GenAI

Looking to speak at #FinOps X in June? Call for proposals is now open -?https://lnkd.in/gDeFpA_R Share your knowledge and expertise with the community on a FinOps topic or FinOps Capability. Simply submit your proposal by the February 7 deadline - https://lnkd.in/gDeFpA_R Need some inspiration? Check out the previous sessions - ?https://lnkd.in/gvjwQdEk

Last chance to take the ???????? ?????????? ???? ???????????? ???????????? - https://finops.dev/sof-sh. We want to hear from you about key priorities and industry themes. Survey insights will be anonymized into trends on data.finops.org, help improve the #FinOps Framework and we’ll share all the takeaways at the 2025 February virtual summit on Feb 20 - https://lnkd.in/gzc2ihgM ??? Take the survey:?https://finops.dev/sof-sh

Last week, the #FinOps community gathered for the last virtual summit of the year, watch the recording https://lnkd.in/gq4gjWsg this included: FinOps product announcements from?AWS re:Invent?with?Bowen Wang (AWS) https://lnkd.in/gy_4ZsfX Vikram Desai sharing the latest product announcements from?Microsoft Ignite https://lnkd.in/gWxGN-5G Jacqui Wilson (Old Mutual South Africa) experience?on FinOps X Europe as a FinOps Ambassador https://lnkd.in/gAkajK5m Shahen Bokhari also gave their take?on FinOps X Europe https://lnkd.in/gPtP5AJ6 Watch FinOps X Europe breakout sessions?by topic https://lnkd.in/gsD4A_de The FOCUS Sandbox is now available to query anonymized FOCUS billing data https://lnkd.in/g4N-z9Qw The next virtual summit is February 20 when we will share the results of the State of FinOps 2025 survey ?? https://lnkd.in/gzc2ihgM #finops #cloud

Having a hard time visualizing what FOCUS is? This Sandbox should help. ?????? ?????????????? ???? ???????? ???????? to get a clear understanding of what FOCUS datasets look like and the insights you can get out of them - https://lnkd.in/giv4aRXk

As we wrap up the year, we’re thrilled to share a milestone that reflects the FinOps Foundation's commitment to fostering a global #FinOps #community. In 2024, we awarded nearly $?? ?????????????? ???? ???????????????? ????????????????????????, empowering ??,?????? ?????????????????????? across ???? ?????????????????? to advance their skills and careers in FinOps. From newcomers eager to learn the fundamentals to experienced practitioners deepening their expertise, this program has reached a truly diverse audience, spanning continents and industries. A heartfelt thank you to everyone who has supported and participated in this journey—your enthusiasm drives us to do even more! Learn more about the scholarship program: https://lnkd.in/ghWJd7rE