Financial Operations for Cloud - practice of bringing financial accountability to cloud spending through collaboration between engineering, finance, and business teams. Like having a budget-conscious mindset where everyone helps optimize cloud costs.
FinOps teams track cloud spending in real-time, set budgets for teams, and optimize resource usage to reduce waste while maintaining performance.
FinOps is an operating model and set of practices, not a single cloud service. All major cloud providers support FinOps through cost management, billing, budgets, tagging/labels, and usage reporting tools, plus partner tooling.