The New Stack Podcast18 Okt 2023

How to Get Your Organization Started with FinOps

In this episode of The New Stack Makers podcast, Uma Daniel, a product manager at UST, discusses the current complexities in the global economy, marked by low unemployment except in the tech industry, high inflation, high interest rates, a volatile stock market, and the looming threat of recession. Amid these challenges, organizations are seeking ways to enhance their operational efficiency.

Daniel introduces the concept of FinOps, which goes beyond just managing cloud costs. Instead, it focuses on leveraging the cloud to generate revenue. This represents a cultural shift in many organizations, emphasizing the need for a mindset change across different departments, including business, finance, and procurement.

She dispels misconceptions, such as the belief that only certain teams should be involved in the FinOps process. Daniel stresses that it's a collaborative effort involving various teams, and it's best to adopt FinOps at the beginning of a cloud journey. Once an organization is already established in the cloud, implementing FinOps becomes more challenging.

To foster collaboration, Daniel suggests identifying team members willing to champion FinOps and forming cross-functional teams to lead the initiative. Regular committee meetings and the establishment of generic policies, such as project budgets, help control cloud spending.

This episode, hosted by Heather Joslyn, provides insights into how to initiate and implement a FinOps strategy and highlights common ways in which organizations waste cloud resources.

Learn more from The New Stack about FinOps and UST:

Cloud Cost-Unit Economics — A Modern Profitability Model

What Is FinOps? Understanding FinOps Best Practices for Cloud

Very Large Enterprises Need a Different Approach to FinOps

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(300)

Why CPUs still matter in the age of AI agents

As AI evolves from conversational chatbots to autonomous agents, CPUs are becoming an increasingly important part of the infrastructure equation. In this episode, The New Stack speaks with Bhumik Pate...

11 Aug 26min

Why Doist Says Less AI Can Deliver More

Doist CTO Gonçalo Silva says AI is reshaping software development, but success depends on restraint rather than rapid feature expansion. Instead of chasing every AI capability, Doist prioritizes “subt...

31 Jul 35min

Why your company should (try to) build its own AI SRE

As AI coding agents accelerate software development, they also create new challenges for site reliability engineers (SREs), who are increasingly responsible for debugging systems that no single human ...

30 Jul 30min

Nvidia

In this episode with The New Stack Agents, Frederic Lardinois, NVIDIA’s Joey Conway says advances in AI over the past year have dramatically improved the capabilities of local models, making them prac...

23 Jul 32min

Meet Brain, the AI that decides when Azure is officially down

In this episode, Mark Russinovich, CTO of Microsoft Azure revealed Brain, the AI-powered AIOps system that continuously monitors Azure’s health, detects incidents, identifies root causes, and increasi...

14 Jul 19min

What comes after attention? This startup says it already knows.

Subquadratic is beginning to back up its ambitious claims with benchmarks and third-party validation for its SubQ 1.1 Small model, which uses its proprietary Sparse Attention (SSA) architecture to dra...

7 Jul 20min

“The harness is where the hard work is”: Harness bets on agents that enterprises can trust in production

Harness has introduced Autonomous Worker Agents, a new capability that allows enterprises to replace rigid CI/CD pipeline scripts with AI agents that can deploy applications, run tests, and perform se...

2 Jul 19min

Public cloud vs. on-prem: Summit on where each workload belongs

More than two decades after AWS helped usher in the public cloud era, many organizations are reassessing whether a cloud-first strategy still delivers the cost and operational benefits it once promise...

25 Jun 36min