In the early years of cloud computing, cost savings were the major driver of adoption. These days, however, organizations are increasingly faced with spiraling expenditures, waste and a lack of control. As cloud usage bills and inefficiencies start to balloon, these challenges are beginning to undermine the benefits of migrating in the first place.<\/p>\n
The truth is that optimizing costs in the cloud is more taxing than many organizations first expect. Identifying cost savings that can be made isn\u2019t generally the hard part; effectively implementing those savings is where the real challenge lies.<\/p>\n
A lack of control over infrastructure means that many organizations are failing to make the changes needed to truly realize these gains. So common are these challenges that there is even a word for the process to deal with them: FinOps. FinOps, at its core, is the culture and practice of creating visibility and accountability to manage cloud penetration throughout an organization, and it\u2019s an area that is growing rapidly.<\/p>\n