Multi-cloud FinOps Handbook

Multi-cloud has become a powerful strategy for businesses, but its complexity often leads to spiraling costs and inefficiencies. The key to unlocking its full potential lies in FinOps, a transformative framework that aligns technical and financial teams to drive strategic business value. This book explores the best practices and tools for managing costs and optimizing resources in a multi-cloud environment, using FinOps principles. This book is a definitive guide to learning financial operations in multi-cloud environments, offering insights into cost optimization, governance, and financial management. You will learn about our unique FOCUS paradigm and its application in financial planning and budgeting. It combines best practices, real-world strategies, and future-focused trends to help businesses maximize ROI, foster collaboration, and align cloud investments with organizational goals. By the end of this book, readers will gain the expertise to navigate complex multi-cloud environments with confidence, implementing FinOps strategies to drive cost efficiency, enhance collaboration, and ensure their cloud investments deliver maximum business value. WHAT YOU WILL LEARN ¿ Learning the core principles of FinOps. ¿ Exploring the future FinOps trends like AI, GreenOps, and decentralized governance. ¿ Setting up the FinOps team and building a framework for spend efficiency. ¿ Best practices for implementing effective multi-cloud cost optimization. ¿ Fostering enterprise-wide ownership and accountability. ¿ Govern multi-cloud environments by implementing the Inform, Optimize, Govern processes. ¿ Maximizing ROI of cloud investments. WHO THIS BOOK IS FOR This book is for FinOps practitioners and professionals, CIOs, IT leaders, cloud architects and engineers, finance and accounting teams, cloud tool developers and vendors, enterprise leaders and executives, SMEs, startups, academics, and researchers.