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Research Brief: FinOps Crafts the Blueprint for Modern Cloud Spending Practices
Feb 02, 2024
by
Christian Perry, Scott Sinclair
Organizations across industries continue to utilize the benefits of multiple public cloud providers to ensure the appropriate levels of efficiency, agility, and security for their multitudes of applications and workloads. Aside from sprawling platform capabilities and vendor contracts to understand and manage, this use of multiple clouds brings with it the threat of unchecked costs, potentially negating cloud benefits in other areas. Recent research by TechTarget’s Enterprise Strategy Group revealed that financial operations (FinOps) is increasingly the focus for organizations looking to rein in and optimize their cloud spending.
As organizations of all sizes continue their digital transformation journeys to better compete and gain efficiencies, they increasingly integrate open source software into their modernized environments. Recent research by TechTarget’s Enterprise Stra…