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Do you still remember how much time and how many approvals you needed to order new hardware for your organisation 10 years ago? The entire process was managed, in many cases, by a single person working in procurement. Today, the cloud is a natural choice for hosting your solutions. Every developer can now order a new cloud service on behalf of the organisation. These actions often happen without any approval processes...

As the popularity of cloud services continues to increase, more and more organisations can access greater-than-ever levels of visibility of expenses associated with specific resources and workloads. FinOps is a practice able to thrive in this environment. It utilises the improved visibility, matches the costs with tangible business outcomes, and introduces greater financial governance. But for all that to happen, your organisation needs to put the right people in charge of the right processes, give them the agency they need to succeed in these roles, and promote cross-department cooperation. ...

Organisations will always look for ways to optimise their costs and save money. Every CFO wants their company to spend in a smart and controllable way, but it’s not that easy when it comes to cloud services where a large amount of the spending is directly in the hands of the IT team. It’s a massive change, especially for organisations that heavily rely on the traditional procurement processes controlled and governed by the finance department...