Mass migration to the cloud was well underway before 2020, but it’s accelerated dramatically in recent years. According to McKinsey & Co., the pandemic compressed seven years’ worth of digital transformation into a few months. 

Frustratingly, much of the spend on digital transformation is wasted. Nearly three-quarters of stakeholders (74%) rely on cost efficiency and savings metrics to assess their progress toward cloud goals. Nonetheless, it’s all too common for cloud costs to spiral out of control – especially when there’s a lack of central visibility.

This playbook discusses why Cloud FinOps can be considered the antidote to impulse buying and wasteful spending in the cloud. FinOps, an evolving cloud financial management discipline and cultural practice, enables companies to get maximum business value from the cloud. The playbook discusses how to:

• Leverage a “crawl, walk, run” approach to advance your FinOps maturity
• Incorporate the 5 C’s of jump-starting a FinOps practice 
• Use FinOps to help optimize your organization